| Savings
Rates |
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Savings and CD Rates
Money Market and High Yield Savings Accounts
If you’re looking to earn a higher rate than a traditional
savings account, but still want easy access to your money, this
may be the account for you:
- Offers a higher yield on deposit than a
traditional savings account.
- Includes easy access to money through checks
and an Check card.
- Requires a minimum investment as low as $1
- High Yield account links to your Checking
account - no need to change or open a new checking account
- No monthly service fees at various
institutions.
- FDIC-insured up to $100,000 per depositor
Certificate of Deposit (CD)
If you can afford to lock your money away for anywhere from
three months to five years, you’ll earn even higher interest
rates than a Money Market Account:
- Offers a higher yield than a Savings, Checking or
Money Market
- The longer the term, the higher the yield.
- The CD’s fixed rate makes it immune to market
fluctuations.
- Requires a minimum investment deposit.
- Money is not accessible (without a penalty) until the term
has expired.
- FDIC–insured up to $100,000 per depositor.
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Average
Rates
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Type |
Rate |
| 6
month CD |
4.60 |
| 1
Year CD |
4.97 |
| 5
Year CD |
4.62 |
| 10K
MM |
3.61 |
| 25K
MM |
4.26 |
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