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Best One Year CD Rates for the Year 2011

| Kamis, 14 April 2011 |

The best 1 Year CD Rates 2011 are from local credit unions. Since their membership is limited they have been omitted from this list.  The following are from banks that allow anyone to invest in their CDs since the only require some have is residency in the state where they are located. Thus if you don't get a membership in any of the credit unions you can easily invest in one of the local branches of the banks that are giving a pretty high return on the CD's compared to other instruments of investment.

The highest 1 year CD Rates across the nation at this time is from the Community Bank in Nevada, Iowa. They have a 1 year CD that is presently earning an APY of 1.50%. The minimum deposit is $1,000 and there is a residency restriction to obtain this rate.

The next best advertised CD rate is from Doral Bank Direct. This is the leading bank in the US territory of Puerto Rico. They offer their services to American via online banking. They are currently offering a 12 month CD that is earning an APY of 1.40%. The minimum deposit to open and obtain this rate is $1,000.

The Georgia Primary Bank is third on our list. They are currently offing a 1 year CD that is earning an APY of 1.30%. The minimum deposit is $1,000. There is no stated residency requirement.

The Pacific Mercantile Bank is fourth on our list with the highest 1 year CD rates. Their 12 month CD is earning an APY of 1.26%. There is a minimum deposit of $10,000 required.

There are another financial institution offing this same rate of 1.26% APR. This is the Bank of Southern Connecticut with a minimum deposit of $1,000.

These are the best 1 year CD rates 2011 that could be confirmed on the financial institutions home page.

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.


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