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.
