Best CD Rates April 2010
For the best CD Rates April 2010 a little searching must be done. Some places make the claim that the national average is near 2.5% APY of the 5 year CD while others calculate it as high as 3.05%.
The difference is in what is being averaged. The USAA Federal Savings Bank does have an APY on a 5 year CD at 3.31% but the deposit must be greater than $175,000. That is out of reach for most Americans. The CD rates discussed in this article are obtainable by the average American and not those that are already well off.
Today the best rate on a 5 year CD is from EverBank at an interest rate of 3.25% and an APY of 3.30%. This financial institution has made a pledge to the American consumer to always be in the top 5% in rates of any major bank in the country when it comes to their rates. As of today they are number one for deposits under $10,000.This rate was posted on April 9, 2010 and is still current as of April 13, 2010. There 3 year CD has a decent rate also at 2.39% and an APY of 2.42%. The minimum deposit required is $1,500.
Range Bank out of Michigan also has a good 5 year CD rate at 3.21% interest and an APY of 3.25%. Their 3 year CD is also very good at 2.48% interest and an APY of 2.50%. This is with a minimum deposit of $1,000. The rates were posted on April 8, 2010 and were still current as of April 13, 2010.
Acacia Federal Savings bank is the third on this list with a good rate. Their 5 year CD is at 3.20% interest and an APY of 3.25%. Their 3 year CD has an interest rate of 2.62% and an APY of 2.65%. They require a minimum deposit of $500 and their rates was posted April 12, 2010 and were still current as of April 13, 2010.
These are the best CD Rates April 2010 so far. All rates are subject to change without notice.
For additional resources about CD’s on this website about another state please view Best CD Rates in Michigan.
The Best iPad Finance Apps is available on our sister website of onlinebanksblog.com. Also available on the sister site of bankcdratesonline.com is Bank CD Rates April 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.
Related posts:
- Best CD Rates in Michigan
- Best CD Rates in Kentucky
- Top 6 Month CD Rates March 2010
- Best Bank IRA CD Rates
- Best CD Rates June 2010
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South Carolina CD Rates | Best CD Rates Says:
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