Posted in March 8th, 2010
Two year certificate of deposit interest rates were lower once again at the end of the week. The average rate for the top ten best two year CD rates gave up three basis points or 3/100 of a percent by the time the week came to a close. The average yield for the two year certificates now [...]
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Posted in March 3rd, 2010
SunTrust Bank offers certificate of deposit rates for a wide range of terms. SunTrust certificates of deposit can provide a secure place for short and long term investing. Account holders can invest in the bank CDs for a variety of time periods at a fixed interest rate. Bank CDs range in maturity from one week [...]
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Posted in February 1st, 2010
Even though the GDP numbers released last week were stronger than expected, banks continued to trim interest rates further on certificates of deposit. Financial institutions cut rates on three of the four CD terms measured in the weekly selectcdrates.com bank rate survey. While yields moved lower for the short and midterm CDs, the long term [...]
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Posted in January 25th, 2010
Bank certificate of deposit rates were lower for the third consecutive week in 2010. The average yield for the top ten best bank CD rates available nationally fell across all maturities. For the week ending January 22, 2010 the short term bank CD rates incurred the most damage while the mid term and longer term CDs [...]
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Posted in January 23rd, 2010
The most common use of the certificate of deposit calculator is to find out how much interest is earned on a certificate of deposit during a specific period of time.
Bank CDs come in a variety of terms or maturities that can make it difficult to quickly ascertain exactly how much an investor will have returned [...]
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Posted in January 12th, 2010
Five year bank certificate of deposit rates followed the lead of the other major CD maturities, the six month, one year and two year terms by closing the week with a lower average yield. The average of the top ten best bank rates with a five year terms ended the week at 3.28% on January [...]
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Posted in December 8th, 2009
Choice Financial continues to offer one of the best short term certificate of deposit rates available in the national market. Choice Financial is not often listed as having one of the best CD rates available. The bank offers a certificate of deposit rate promotion that often slips under the radar because of the odd month [...]
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Posted in December 2nd, 2009
The last week of November saw the average for all bank certificate of deposit maturities end the month with lower yields along with bank money market account rates and bank savings account rates. With rates starting the year at relatively low levels, there were not very many economists that expected rates to fall further. However, [...]
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Posted in October 26th, 2009
The average of the best six month CD rates dropped measurably for the week ending October 23, 2009. The average yield of the top ten six month CD rates was lower by nine basis points or 9/100 of a percent pushing the average interest rate down to 1.59% from 1.68% in the prior week.
The bulk [...]
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Posted in October 26th, 2009
The best one year CD rates slid modestly this past week. The average of the best one year CD rates was down by two basis points or 2/100 of a percent. The previous week average yield stood at 2.04%, this weeks reduction brought that rate down to 2.02%.
The market leader for the best one year [...]
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