Many people in Kansas are looking for the best Kansas CD rates they can find to help them save more money in these current tough times. There are many local Kansas banks that can help your money grow with rates that are equal to, and in some cases better than, some of the biggest banks in and around the country.
Investment for 1Year – 2 Years:
The best 1 year CD and 2 year CD can be found with Farmers State Bank from Wathena, Kansas. Their CDs require $500 minimum deposit to earn APY. Their 12 Month CD has an APY of 1.86%. Their 24 Month CD has an APY 2.11%. These rates are posted August 4, 2010.
Interest Rate on Investment for 3 Years:
Quest Credit Union from Topeka, Kansas has the most competitive rate for the 3 year CD. Their CDs require $500 minimum deposit to obtain their APY. Their 36 Month CD has an APY of 2.35%. This rate was posted October 22, 2010. If you happen to have $50,000 that you will not be needing for 3 years, the Kansas Blue Cross-Blue Shield Credit Union’s 36 Month CD has an APY of 2.50%. This rate was posted July 23, 2010.
Interest Rate on Investment for 4 Years:
For the 4 year CD, Kansas Blue Cross-Blue Shield Credit Union has the best rates, which comes in two tiers. If your minimum deposit is $2500, their 48 Month CD has an APY of 2.65%. If your minimum deposit is $50,000, their 48 Month CD has an APY of 2.90%. These rates were posted July 23, 2010.
Interest Rate on Investment for 5 Years:
The most competitive rate for the 5 year CD can be found with Citizens Community Bank (formerly Citizens National Bank, from Kansas. Their CDs require $1000 minimum deposit to earn APY. Their 60 Month CD has an APY of 3.05%. This rate was posted October 6, 2010.
Interest Rate on Investment for More than 5 Years:
If you wish to earn a higher APY for a 5 year CD, Kansas Blue Cross-Blue Shield Credit Union’s 60 Month CD earns an APY of 3.15%, for a $50,000 minimum deposit.
The above CD rates are all still current and effective, but may change without notice. Presently, the Kansas CD rates seem to be more competitive than those of the national chains.
If you want to go through the original resource of this article and to check out many informative articles about CDs, please view highest cd rates in USA and best cd rates at http://www.bestcdratestoday.com
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