Baltimore MD CD Rates
Here is another look at local rates, this time in Baltimore, as we here at Best CD Rates Today find you the best offers locally and nationally.
Baltimore, Maryland offers a relatively secure financial investment given its location in the United States. Washington DC is located nearby and Federal inspection remains relatively at higher levels. Baltimore MD CD rates, however, are at par with the national average under most circumstances.
A CD for 1-year term with a minimum deposit of $1,000 would have an APY and interest rate of 0.60% at minimum. It surges up a little at 0.70% to 0.80% for the medium levels whereas the highest available rates are 1.50% for this amount of investment.
CD rates in Baltimore for a 3-year term would bring 1.60% APY at an investment of $1,000 at state average. The lower limits of 3-year term CDs are around 1.1%; higher terms, on the other hand, hover around 2.20%.
Baltimore CD rates for a 5-year term are calculated at 2.75% for an investment of $1,000 at the highest level. Lower limits for this investment would be 1.5% and the average limits are around 2.2%. Rates are subject to fluctuation as per the state-wide and national changes in the banking industry and other economic factors.
MD CD rates are compliant with the national average as most American banks now calculate these rates on a national level. State-wide fluctuation is present but only in extreme cases. State financial institutions provide CD at a slightly lower than average national interest rates but there is still a variation among these institutions, depending on national economic indicators.
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Tags: Baltimore CD rates, Baltimore MD CD rates, CD rates in Baltimore, MD CD rates
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