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 individualís 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
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.35% 3 Month $25,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.21% 3 Month $1,000.00
Transportation Alliance Bank
www.tabbank.com
800-837-4214
0.95% 3 Month $1,000.00
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.50% 6 Month $25,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.37% 6 Month $1,000.00
Nationwide Bank CD Rates
www.nationwide.com
877-422-6569
1.20% 6 Month $500.00
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.55% 9 Month $25,000.00
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
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.70% 1 Year $25,000.00
BankDirect CD Rates
www.bankdirect.com
877-839-2737
1.60% 1 Year $10,000.00
Popular Direct
www.populardirect.com
800-274-5696
1.55% 1 Year $10,000.00
Crestmark Bank CD Rates
www.crestmark.com
855-267-6445
1.85% 2 Year $25,000.00
TIAA Direct CD Rates
www.tiaadirect.com
855-842-2372
1.81% 2 Year $1,000.00
First Internet Bank CD Rates
www.firstib.com
888-873-3424
1.81% 2 Year $1,000.00
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
TIAA Direct CD Rates
www.tiaadirect.com
855-842-2372
2.30% 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.

Banks send them to their customers once a month through mail. Many customers, particularly those who use online banking, may throw them in the trash, but it’s best to give them at least one look-over for accuracy. Most consumers should keep their financial records, including bank statements, for a period of three years.
CD rates were little changed going into the Memorial Day weekend.  However, not all news for savers was ho hum with some CD maturities displaying a mild uptick.  In the latest survey of bank CD rates conducted by SelectCDrates.com, the average yield on the top bank CDs available nationwide dipped by a very small fraction,
The best certificate of deposit rates available nationally remained in a tight range for the week ending May 15 and mostly followed the direction of similar interest bearing securities.  The average on short term, six month and one year CD, rates dipped down marginally while the longer term CD rates increased more notably to end