Finding the highest CD rates in Garden Grove can be tough, but locating the best rates will get you that much closer to your savings goals.
Garden Grove Banking Rates will help you locate the best CD rates by comparing available offers for you. We compile up-to-date rates information from our database of over 3,000 banks and credit unions to bring you only the most competitive rates in your area.
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
1.10%
As of May 14, 2012
|
 |
CIT Bank
|
CD Account |
|
1.09%
As of May 15, 2012
|
|
Ally Bank
|
CD Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.45%
As of March 22, 2012
|
View Rate Details | First Federal Bank of California | CD Account |
|
1.36%
As of May 16, 2012
|
View Rate Details | F & A Federal Credit Union | CD Account |
|
1.20%
As of May 7, 2012
|
View Rate Details | EH National Bank | CD Account |
|
1.16%
As of May 8, 2012
|
View Rate Details | Broadway Federal Bank, F. S. B. | CD Account |
|
1.10%
As of April 30, 2012
|
View Rate Details | C B S Employees Credit Union | CD Account |
|
1.01%
As of May 3, 2012
|
View Rate Details | Balboa Thrift and Loan Association | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| Certified Credit Union - 6 Month CD Account | 1.00% to 0.30% | May 14, 2012 | |
| Manufacturers Bank - 12 Month CD Account | 0.20% to 0.15% | May 10, 2012 | |
| Premier America Credit Union - 12 Month CD Account | 0.75% to 0.70% | May 9, 2012 | |
| First Citizens - 12 Month CD Account | 0.20% to 0.15% | May 9, 2012 | |
| Priority One Credit Union - 2 Year CD Account | 0.88% to 0.82% | May 9, 2012 | |
| Broadway Federal Bank, F. S. B. - 2 Year CD Account | 1.26% to 1.16% | May 8, 2012 | |
CD rates can vary greatly depending on the term and location of the account. Don’t settle on the first rate you’re offered; researching the rates from all the banks and credit unions in your area will likely result in finding competitive offers you never knew existed.
With the economy continuing to nose-dive it’s a good time to take a look at both your short-term and long-term financial pictures. When it comes to your investments, are you sure you’re seeing the best growth possible? If not, check in with Garden Grove Banking Rates. We could help you find CD rates and money market rates that will make your financial portfolio even stronger.
The most difficult, and important, decision to make when investing your hard-earned money is which type of investment account should you choose. Certificate of deposits mature at a fixed rate on a fixed length of time, so you know what you’re getting up front. Mutual Funds may give a higher return, but are risky because they rely on the success of the stock market and the choices of the firm doing the investing on your behalf. Be sure to do your research on Garden Grove Banking Rates before you decide.
Garden Grove Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.
A clear advantage of investing in CD‘s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Garden Grove Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.
