Innovation Update

For the Right CD, There's More Than APR

Stock quotes in this article: BAC , C , THRD  

Once you determine the best CD for your savings, start comparing rates among local and national banks. BankingMyWay.com's CD Section shows you the best rates on FDIC-insured CDs in your ZIP. For instance, residents of New Jersey can get a 15-month CD from Third Federal Bank (THRD Quote) that offers 3.05% interest, a 12-month CD from Citibank (C Quote) that offers 2.3% or a 12-month CD from Bank of America (BAC Quote) that offers 2.25%.

Do your research before you deposit. Find out if your bank - and it's CD products - are safe and FDIC-insured.

For more on CDs from BankingMyWay:

"Setting the Strongest CD Laddering Strategy"
"Adjust Your CD Ladder to Lock in Higher Rates"

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