Pennsylvania CD Rates Revisited

Big Financial Institutions are in fierce competition with the little local community banks and credit unions to attract the customers and have their patron ship for their financial institution. On one hand where big brands bank on their brand value, small financial institutions enjoy the goodwill and trust of the local community. Although CD rates have a very less difference yet a consumer should compare and weigh all options before investing in them.

Tioga Franklin Savings Bank leads the way with the best short term interest rate in PA. At this current time as of October 29, 2010, their 6 month CD earns an APY of 1.15%. Their 1 year CD earns an APY of 1.35%. The 2 year CD earns an APY of 1.60%. The 4 year CD earns an APY of 2.10% and their best CD rates are from the 5 year CD with an APY of 2.35%. The 6 month CD requires a minimum deposit of $1,000 while the rest is only $500.

Eagle National Bank also has a good 6 month CD. Their rate is the same as above by being 1.15% APY. The 3 month CD earns an APY of 1.05%. The 1 year CD earns an APY of 1.25%. The 18 month CD earns an APY of 1.35%. The 2 year CD earns an APY of 1.50%. The 3 and 5 year CD earns an APY of 1.75%. Each of these requires a minimum deposit of $1,000. The rates were posted on April 11, 2010 and are still current as of October 29, 2010.

Compare this numbers to the nationwide bank of Ally. Their current CD rates for a 3 month CD earns an APY of 0.69%. The 6 month CD earns an APY of 1.09%. The 1 year CD earns an APY of 1.34%. The 18 month CD earns an APY of 1.45%. The 3 year CD earns an APY of 1.90%. The 4 year CD earns an APY of 2.14% and the 5 year CD earns an APY of 2.49%. There is no minimum deposit and all of the rates were current on October 29, 2010.

This is the best Pennsylvania CD rate comparisons for this time at the end of October 2010.

For additional resources about CDs on this website, please view CD Rates in Naples Florida and CD Rates in Palm Springs California.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

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