Kentucky Bank certificates earn a high rate of interest for account holders across a wide spectrum of terms or maturities.  Consumers that are looking for a low-risk investment option with flexibility and a guaranteed rate of return, may find the certificates of deposit available at Kentucky banks are just the solution they are looking for.

By investing in bank CD rates in Kentucky consumers can earn an attractive rate that’s FDIC insured.  Funds held in these bank CDs can be used for a wide range of purposes from saving for retirement to building an education fund, buying a new home, or simply diversifying investments and savings.  In a nutshell, certificates of deposit provide numerous options for an easy and innovative way to save.

CD rate shoppers will find a range of competitive interest rates in Kentucky.  Terms promoted by local banks include short term accounts, 3 month CD rates and 6 month CD rates, as well as long term accounts, 2 year CD rates and 5 year CD rates.  A number of accounts have flexible interest payments that can be paid directly to the account holder or held in the account for compound interest earnings.

High CD rates in Kentucky can be found at a number of the state’s leading banks and financial institutions.  The largest banks based in Kentucky offering high yield consumer CD rates include:

Republic Bank & Trust Company based in Louisville
Community Trust Bank headquartered in Pikeville
Stock Yards Bank & Trust Company from Louisville
Central Bank & Trust Co. of Lexington
Independence Bank of Kentucky located in Owensboro
Traditional Bank from Mount Sterling
Whitaker Bank based in Lexington
Forcht Bank based in Lexington
Kentucky Bank headquartered in Paris
Commonwealth Bank and Trust Company of Louisville
Planters Bank of Hopkinsville
South Central Bank based in Glasgow
Community Financial Services Bank from Benton
PBI Bank based in Louisville
Heritage Bank located in Hopkinsville

The certificate of deposit minimum amount can vary greatly by institution.  Along with minimum deposit requirement, savers and investors should consider additional bank services that may be offered, the convenience of the selected financial institution, customer service, and the Annual Percentage Yield offered advertised on the certificate.

No user commented in " Kentucky Bank CD Rates "

Follow-up comment rss or Leave a Trackback

Leave A Reply

 Username (*required)

 Email Address (*private)

 Website (*optional)