How to Buy the Right CD for You

How to buy the Best CD Rates for you is determined by your financial goals and needs, in combination with what stage of life you are currently in. For most Americans, the CD ladder is the best financial move they can make. This financial tool allows for constant return on your investment while still having regular access to the principal amounts that were invested.

The specific CD rates for each rung of the ladder are different. Generally, the longer the term, the greater the APY each deposit will earn. When this type of mechanism is started, the lower term CDs will not be earning a very high rate in all cases, but as the terms come due, this will change. If a person invests in a 1, 2, 3, 4 and 5 year CDs to begin with, then each year a CD will be maturing and access to the principal will be possible without any penalty.

With each maturing CD, the principal can then be reinvested in the longest term that has a better CD rate. Within 5 years with this example and all of the maturing CDs reinvested in another 5 year CD, the maximum return on investment can be obtained.

This mechanism is good for all ages of investors. For the people close to retirement, a majority, if not all, of their investment dollars should be done this way. For younger investors, only a portion of their retirement money should be in this conservative type investment, generally 20% to 30%. This approach will prevent a total loss of the investment due to changes in the economic conditions that might negatively affect other types of investments.

This is one way on how to buy the right CD for you. Best of all with this conservative investment, your principal is guaranteed by the FDIC.

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.

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CD Rates Georgia

These CD Rates Georgia has to offer are from this state’s banking sector that has their headquarters in the peach state.

At Cherokee Bank, the interest on their CD Rates is compounded daily for the maximum amount they can earn. Their 3 month CD is earning an APY of 0.87%. The 6 month CD is earning an APY of 1.01%. The 1 year CD is earning an APY of 1.19%. The 15 month CD is earning an APY of 1.025%. The 18 month CD is earning an APY of 1.31%. The 2 year CD is earning an APY of 1.47%. The 3 year CD is earning an APY of 1.76%. The 4 year CD is earning an APY of 1.98% and the 5 year CD is earning an APY of 2.23%. Each of these CD’s requires a minimum deposit of $1,000 and was posted on December 13, 2010.

As typical with this type of investment the credit unions have the better rates. The Georgia financial institutions are no different. The Albany Federal Employees Credit Union follows this trend. The 6 month CD is earning an APY of 1.25%. The 1 year CD is earning an APY of 1.65%. The 15 month CD is earning an APY of 1.75%. The 18 month CD is earning an APY of 1.80% and the 2 year CD is earning an APY of 2.05%. These rates were posted on December 1 and were still current as of December 19, 2010. There is not a minimum amount advertised on their website.

The Nashville Credit Union also has good rates. Their 8 month CD is earning an APY of 1.41%. The 1 year CD is earning an APY of 1.66%. The 15 month CD is earning an APY of 1.66%. The 2 year CD is earning an APY of 2.12% and the 3 year CD is earning an APY of 2.17%. These rates require a minimum deposit of $1,000 and were posted on December 1 and were still current as of December 19, 2010.

These are the best CD rates Georgia has to offer at this time.

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.

To know more about the Citibank CD Rates, best cd rates USA,best bank rates PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com

CD Rates Delaware

The current best CD Rates Delaware has to offer are surprisingly better from most other banks from across the nation.

The Community Bank Delaware is leading the way with better than average CD rates for their customers. Their 90 day CD is earning an APY of 0.50%. The 6 month CD is earning an APY of 0.75%. The 9 month CD is earning an APY of 0.80%. The 1 year CD is earning an APY of 1.01%. The 15 month CD is earning an APY of 1.11%. The 18 month CD is earning an APY of 1.26%.

The 2 year CD is earning an APY of 1.51%. The 30 month CD is earning an APY of 1.61%. The 3 year CD is earning an APY of 2.02%. The 4 year CD is earning an APY of 2.28% and the 5 year CD is earning an APY of 2.53%. Each of these CDs requires a minimum deposit of $500. These rates were posted on December 1, 2010 and were still current as of December 17, 2010.

Another bank from Delaware with above average CD Rates is the AIG Federal Savings Bank. They have a 6 month CD that is earning an APY of 0.80%. The 1 year CD is earning an APY of 1.15%. The 18 month CD is earning an APY of 1.15%. The 2 year CD is earning an APY of 1.35%. The 3 year CD is earning an APY of 1.70% and the 5 year CD is earning an APY of 2.20%. These CDs require a minimum deposit of $2,500 and the rates were posted on December 15, 2010.

These two are the best CD Rates Delaware has to offer for the middle of December 2010.

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.

To know more about the Citibank CD Rates,PNC CD Rates, Best CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com

CD Rates GA

This CD Rates GA is for the month of November 2010 is current. With a report from the November 2-3 meeting that made the FED officials pessimistic of the next year’s economic outlook for America the CD Rates will not be improving anytime soon.

As for banks in Georgia there is Cherokee Bank in Canton and Woodstock GA that was founded by local businessmen in 1999. Their 3 month CD is earning an APY of 0.88%. The 6 month CD is earning an APY of 1.02%. The 1 year CD is earning an APY of 1.21%. The 15 month CD is earning an APY of 1.27%. The 18 month CD is earning an APY of 1.33%. The 2 year CD is earning an APY of 1.49%. The 3 year CD is earning an APY of 1.79%. The 4 year CD is earning an APY of 2.00% and the 5 year CD is earning an APY of 2.25%. These rates were posted on November 16, 2010 and were still current as of November 24, 2010. The minimum deposit is $1,000.

The Community Capital Bank out of south Atlanta opened its doors in 2002 to meet the needs of their community. Their 3 month CD is earning an APY of 0.75%. The 1 year CD is earning an APY of 1.40%. The 18 month CD is earning an APY of 1.55%. The 2 year CD is earning an APY of 1.73%. The 30 month CD is earning an APY of 1.85%. The 3 year CD is earning an APY of 2.00%. The 4 year CD is earning an APY of 2.15% and the 5 year CD is earning an APY of 2.45%. The minimum deposit required is $500 and the rates were posted on November 23, 2010.

These are two of the better CD rates GA at this time.

For additional resources about CDs on this website, please view Norwest CD Rates.

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.

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Investing in First Chicago CD Rates

The First Chicago CD Rates are from a financial institution that first opened its doors in 1905 on Elston and Pulaski Avenues by a group of European immigrants. Its first name was Labe Bank which is a river in the Czech Republic translated in English to the Elbe River. Being one of the oldest bank it has earnerd great respect and trust of the people. With each day this bank is growing with a nice speed.

The current promotional CD Rates is for an online 13 month CD that is earning an APY of 0.80%. To open this account there must be a deposit of $1,000 made first.

The standard First Chicago CD rates begin with the 3 month CD that is earning an APY of 0.20%. The 6 month CD is earning an APY of 0.35%. The 9 month CD is earning an APY of 0.50%. The 1 year CD is earning an APY of 0.60%. The 18 month CD is earning an APY of 0.80%.

The 2 year CD is earning an APY of 1.26%. The 30 month CD is earning an APY of 1.00%. The 3 year CD is earning an APY of 1.46%. The 4 year CD is earning an APY of 1.66%. The highest CD rates are from the 5 year CD that is currently earning an APY of 2.12%.

Each of the Standard CD requires a minimum deposit of $1,000. This is the minimum criteria each investor has to fulfill.

To receive a monthly interest check associated with the CD on deposit there must be a balance of $10,000 or more in the account. The CD rates being offered by First Chicago Bank are quite competitive if compatred with the existing rates of other banks and financial institutuions.

These First Chicago CD rates were posted on November 2, 2010 and were still current but are subject to change without notice.

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Best Certificate of Deposit Rates 2011

Picking the best CDs 2011 in November of 2010 is slightly risky. The main problem is that most of the competition among the different financial institutions is for the worst rates not the best rates. With the FED buying back $600 million in bonds in a vain attempt to stimulate the economy, there is no sign of rates increasing in the foreseeable future.

Presently, President Obama is at the G20 meeting in Seoul, Korea. His pre-meeting speech is calling on all other world leaders to share the burden in helping the world’s economy recover.

Obama already proved he is a great salesman with the job he did to get elected. I just hope he can do it again because his policies that he has put in place in America are not working.

As long as inflation stays small, the best you can hope for with a CD is to maintain your investment. The interest rates are almost equal to inflation so your buying power will be the same as it was before the deposit, after your CD matures.

The best 1 year rate at the present time is 1.51% APY from Melrose Credit Union. You may not want to lock up your money for any longer because the rates could get better. Many economists are predicting that the PRIME rate will increase from less than 0.25% at the present time to 1.00%. Unfortunately, they have been saying this for some time. The main problem is it has not become a reality.

The CODI is a 12 month average of the national advertised 3 month CD rates. In October of 2010, it was 0.300%. This rate has been heading down since April 2008. The decline is expected to continue until it bottoms out at 0.06% in November of 2011. It is not expected to return to this level until June of 2011.

1.0% is not expected until September of 2013. Your best weapon against decreasing rates is information. Here at bestcdratestoday, we will search for the best CDs 2011 for you and make updated posting throughout the year to assist you with this investment decision.

For additional resources about CDs on this website, please view Best CD Rates New Orleans.

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 CD rates, Best Bank CD Rates and Best CD Rates at http://bestcdratesinusa.wordpress.com/

Best CD Deals for your Kids

Simply because of the economic times we live in, getting CDs for young children may be just one of the finest means we can educate our kids regarding financial experience. Certificates of deposit are a good method for children to find out about financial savings along with investment because there is quite minimal risk attached. Right from the start, youngsters will understand exactly what these people have put in place, precisely what they will get back, as well as exactly how much time their money should continue to be in the financial institution.

Presently there is usually a bare minimum down payment whenever purchasing an investment CD. Depending on the financial company, the needed amount could be as high as $1000 or more. A few banking institutions may possibly deliver CDs with $0 to open up, but the CD account will certainly merely start earning the APY when you fund the accounts. Make clear the mechanics of interest rates and the annual percentage yield (APY) to clarify in advance which rate will be paid for. Your own child will require to comprehend the duration of time (term) which his funds can have to be in the CD.

Invest in the CD via a reliable origin. Investment Cds are sold through banks or credit unions (as Share Certificates), but find one with a good history. The CD or share certificate (SC) should be FDIC- or NCUA-insured for your kid’s protection. Look up some financial institutions that offer Starter CDs or SCs. Some good Starter CD rates can also be found with local banks in your area or credit unions.

A very fine illustration of this particular is the Navy Federal Credit Union’s Special EasyStart Certificate which has a 1 year term. It only requires a minimal deposit of $50 and you will need to add a minimum of $15 each month. Interest is compounded daily and awarded monthly. Its dividend rate is 2.86%, with an APY of 2.90%. This rate was posted November 2, 2010 but may change without notice.

At present, the CD rates you will be committing to for your kid may be infamously tiny. Your youngster may likely make a rate just over the actual rate of the cost of living so do not assume him to get wealthy with this investment. The objective at this particular stage while purchasing CDs for kids is to get him fired up about saving and investment.

For additional resources about CDs on this website, please view Best Banks in Florida for CD Rates and Online Bank CDs.

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://bestcdratesinusa.wordpress.com/

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

Information on Kansas CD Rates

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