Best CD Rates in Maryland
The final state on our roundup in this series of closeups on local banks in the states the majority of our site’s visitors come from looks to find the best CD rates in Maryland. So here are the Best CD Rates Today in Maryland.
1 Year
Maryland’s best CD rates for a 1 year term are at both Rosedale Federal and Severn Savings Bank who have a 1.75% APY and a $500 and $1,000 minimum deposit requirement, respectively. Second best is Baltimore County Savings Bank with a 1.40% APY and a $500 minimum deposit.
2 Year
For the best CD rates today in Maryland on a 2 year term, we once again go to Rosedale Federal with a 2.10% APY and a big $10,000 minimum deposit requirement. In second is Severn Savings Bank at 2.05% APY with a $1,000 minimum deposit required.
3 Year
The best CD rates in Maryland on a 3 year term are at Severn Savings Bank with a 2.35% APY and a $1,000 minimum deposit required. Next is Baltimore County Savings Bank at 2.00% APY with a $500 minimum deposit.
5 Year
Maryland’s best CD rates for a 5 year term are at both Baltimore County Savings and Severn Savings Banks with a 2.75% APY and a $500 and $1,000 minimum deposit requirement (respectively). Next is Rosedale Federal with a 2.50% APY and a $500 minimum deposit.
6 Months
The best CD rates today on a 6 month term in Maryland are at Severn Savings Bank with a 1.55% APY and a $1,000 minimum deposit requirement. Close behind is Rosedale Federal again with a 1.50% APY and a $500 minimum deposit required.
All of these banks are FDIC insured. Rates change quickly, so if you’re interested in any of these best CD rates today, lock yours in fast.
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Posted : June 14th, 2009 by authorTags: best CD rates in Maryland, best CD rates today, Maryland's best CD rates
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