Best CD Rates March 2010
If you are looking for the best CD rates March 2010, different banks have different rates for different terms. Majority of the rates are down, some have stayed the way they were, and a few have gone up. Depending on how long a term you are willing to invest in, most CDs have good rates with the longer terms or the amount that you are willing to deposit.
For the 1 year CD, Melrose Credit Union requires a minimum deposit of $5000. Their 1 year CD has an interest rate of 2.05% with an APY of 2.07%. These rates are effective since 12/31/2009 and are posted 3/11/2010. Alliant Credit Union requires a minimum deposit of $1000. Their 1 year CD has an interest rate of 1.98% with an APY of 2.00%. These rates were posted 12/04/2009 and are still current as of 3/11/2010. Also worth looking is Southeast Financial Credit Union’s rate for this term.
For the 5 year CD, Melrose Credit Union once again offers the highest rate, with a minimum deposit of $5000. Their 5 year CD has an interest rate of 3.60% with an APY of 3.65%. These rates are effective since 12/31/2009 and are posted 3/11/2010. Pentagon Federal Credit Union requires a minimum deposit of $1000. Their 5 year CD has an APY of 3.50%. The rate is posted 3/11/2010. Also worth looking is Apple Federal Credit Union’s rate for this term.
For the 10 year CD, Apple Federal Credit Union takes the lead, with a minimum deposit of $500. Their 10 year CD has an APY of 4.00%. The rate is posted 3/11/2010. Discover Bank follows with a minimum deposit of $2500. Their 10 year CD has an interest rate of 3.63% with an APY of 3.70%. These rates were posted 3/09/2009 and are still current as of 3/11/2010.Also worth looking is Intervest National Bank’s rate for this term.
These rates may vary per area and may change without notice. Visit their respective websites to find out more about their respective bank rates so you can decide which one has the best CD rates March 2010 that suits you best.
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