Best CD Rates in Spartanburg SC

Compare current CD rates and terms in Spartanburg SC. The local banks and financial institutions serving Spartanburg and the surrounding area offer a variety of certificates of deposit products for savers and investors. By reviewing the latest bank rates in the region, consumers can secure the best CD rates in Spartanburg SC without having to sacrifice convenience or service.

CD rates in Spartanburg cover a wide assortment of products and terms. Consumers in the area can find competitive three month CD rates and six month CD for short term savings needs in Spartanburg. One year CD rates, 18 month CD rates, and two year CD rates in Spartanburg are available for intermediate savings goals or defined savings objectives. Long term CD rates, such as the five year CDs in Spartanburg are available for a long term savings, retirement plans, and investment diversification.

Most of the CDs marketed by the banks serving the region are traditional fixed rate and fixed term certificates. CD rate shoppers can also find jumbo CDs, IRA CDs, odd term CDs, no penalty CDs, CDs with rising rates or bump CDs, and the occasional CD rate promotion.

The certificates of deposit available in Spartanburg make excellent short and long-term investment opportunities, depending on an individuals needs. They offer maximum security and a guaranteed rate of return. The banks offer a broad range of maturity dates, interest payment options, and interest rates. And, account holders can relax knowing that their deposits are secured by the FDIC.

Local CD Rates
Bank CD Rate CD Term Min $ Open
Transportation Alliance Bank
www.tabbank.com
800-837-4214
0.95% 3 Month $1,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
0.90% 3 Month $1,000.00
Goldwater Bank CD Rates
www.goldwaterbank.com
480-281-8200
0.86% 3 Month $5,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.15% 6 Month $1,000.00
Virtual Bank CD Rates
www.virtualbank.com
877-998-2265
1.11% 6 Month $10,000.00
Goldwater Bank CD Rates
www.goldwaterbank.com
480-281-8200
1.05% 6 Month $5,000.00
CD Bank
www.cdbank.com
888-201-8185
1.20% 9 Month $1.00
Virtual Bank CD Rates
www.virtualbank.com
877-998-2265
1.16% 9 Month $10,000.00
IncredibleBank
www.incrediblebank.com
877-261-4750
1.10% 9 Month $10,000.00
M.Y. Safra Bank CD Rates
www.mysafra.com
855-697-2372
1.48% 1 Year $5,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.47% 1 Year $1,000.00
Virtual Bank CD Rates
www.virtualbank.com
877-998-2265
1.46% 1 Year $10,000.00
NewDominion Bank
www.newdominionbank.com
800-592-6248
1.75% 2 Year $3,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.71% 2 Year $1,000.00
Popular Direct
www.populardirect.com
800-274-5696
1.70% 2 Year $10,000.00
Synchrony Bank CD Rates
www.synchronybank.com
866-226-5638
2.35% 5 Year $25,000.00
Popular Direct
www.populardirect.com
800-274-5696
2.35% 5 Year $10,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
2.27% 5 Year $1,000.00
The CD rate information presented is believed to be reliable but may have changed since this publication date, the information is not guaranteed. Spartanburg CD interest rates and annual percentage yields earned on the account are determined by the date the account is opened and the term selected. Check with the individual banks directly for the most up to date and accurate information.

The annual percentage yields listed assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. A penalty may be imposed for early withdrawal as disclosed on the individual bank certificate of deposit account agreements. Other terms and conditions may apply to open the bank CDs and obtain the advertised yield.

Each day, the Reserve Banks that are part of the Federal Reserve System process a large number of payment transactions resulting from the Reserve Banks’ role in providing payment services to banks and depository institutions.  Because depository institutions in the aggregate generally hold a relatively small amount of funds overnight in their Reserve Bank accounts,
There was little change among the top CD rates available nationwide for the week ending February 22, 2013.  The recent survey of the best CD rates performed by SelectCDrates.com indicated that the average CD rate across multiple maturities was reduced by just 4/1000ths of a percent from the previous week.  The average CD rate in
The intense stock market volatility surfacing late this summer has done little to impact bank and credit union certificate of deposit rates.  While the stock market has seen days in which the major indices have moved by multiple percentage points from the open to the close, CD rates have showed little volatility continuing a mostly