There are a number of ways to obtain the benefits from certificate of deposit interest rates in Delaware, and one of which is to find the best possible CD rates available before locking in your funds with a local bank.  Community Bank Delaware is a local bank that offers some of the highest CD rates on the market through two branch locations in Lewes and Rehoboth Beach, DE.

The high yield CDs in Delaware can be used to fit a variety of savings needs from short term savings schedules to long term retirement needs.  The assortment of terms and rates can help prospective account holders plan for the future and make it easier to lay out solid financial strategies.  The bank CDs can be great tool for local savers that have a time-specific savings need or just want to diversify the overall risk of their portfolio.

As with most CD terms, the bank CDs typically return a higher CD interest rate with longer terms.  Bank customers can decide the amount of money to put in any of the CDs and the length or term they want to hold.  The Community Bank Delaware CDs have a low minimum opening balance requirement of $500.00.  The available terms range from 90 days up to 5 years.

Current CD rates and terms offered by Community Bank Delaware include the following:

The 90 day CD rate is 0.35 percent.
A six month CD rate is at 0.50 percent.
A one year bank CD has a rate of 0.60 percent.
The bank has an odd term, 15 month CD with 0.65 percent yield.
The 18 month CD interest rate is 0.75 percent.
Two year CDs at the bank yield 0.85 percent.
30 month certificates have an interest rate of 0.90 percent.
The three year CD rate in Delaware is 1.01 percent.
A four month bank CD has a rate of 1.36 percent.
The longest term CD, five year CD, has an interest rate of 1.51 percent.

The CD rates are current as of January 16, 2013 and are subject to change at any time, however, the rate in effect when the certificate is opened is guaranteed to maturity.  A penalty will be imposed for early withdrawal.  To obtain the latest Delaware CD rates and terms available through the bank, contact a Community Bank Delaware customer service representative at (302) 226-3333.

The CD interest rates in Delaware are based on the bank’s online published rates and may have changed since this publication date.  This information is believed to be reliable, but the information is not guaranteed. 

Community Bank Delaware is an FDIC insured bank located in Delaware.

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