Frederick Banking Rates » CD Rates

Frederick CD Rates

The charm of historic buildings in downtown Frederick brings to mind a nostalgic sense of the past. But don’t get stuck in the past and make sure you are planning investments wisely for the future. Put a little bit of your monthly income into a CD or IRA and you could watch your financial portfolio grow.

If you are looking for the high rate of return with a Frederick money market account, Frederick Banking Rates has different plans for you to compare. It’s your money, so make sure you are investing it the smartest way possible.

Current Frederick CD Rates News

Best Frederick CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
1.90% As of July 23, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account Type
2.02% As of July 26, 2010	View Rate Details	Hud Credit Union	CD Account
2.00% As of July 21, 2010	View Rate Details	1st Alliance Credit Union	CD Account
1.92% As of July 27, 2010	View Rate Details	Kopernik Federal Bank	CD Account
1.89% As of July 26, 2010	View Rate Details	1st Mariner Bank	CD Account
1.80% As of July 23, 2010	View Rate Details	1st Commonwealth Bank of Virginia	CD Account
1.70% As of July 21, 2010	View Rate Details	Capital Bank, National Association	CD Account

	Rate Change	Date
Napus Credit Union - 12 Month CD Account	0.70% to 0.40%	Jul 26, 2010
Napus Credit Union - 6 Month CD Account	0.50% to 0.25%	Jul 26, 2010
Anne Arundel Co Employees Credit Union - 2 Year CD Account	1.50% to 1.35%	Jul 26, 2010
Anne Arundel Co Employees Credit Union - 12 Month CD Account	1.00% to 0.85%	Jul 26, 2010
1st Mariner Bank - 2 Year CD Account	1.90% to 1.89%	Jul 26, 2010
1st Mariner Bank - 12 Month CD Account	1.48% to 1.47%	Jul 26, 2010

See All CD Account Rates

Types of Investment Income

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 Frederick Banking Rates before you decide.

Common types of investment income accounts:

Certificate of Deposits (CDs)
IRAs
Savings Bonds
Stock and Mutual Funds
Money Market Accounts (MMAs)

No matter what type of investment you decide to make, or even if you’re just seeking more information to help you make the right decision, Frederick Banking Rates can help make that decision easier.

Submit your information today to learn more and see available rates for CD rates and investments.

Best CD Rates, IRAs and Investments in Frederick

Frederick 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.

Many local Frederick credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Frederick Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Frederick, MD

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 Frederick Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.

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Recent CD Rates Articles from Go Banking Rates

Check Rates in These Cities Near Frederick:

Serving the Following Frederick Zip Codes:

Elkton	Annapolis	Ocean City
Gaithersburg	Baltimore	Rockville
Silver Spring	Bethesda

21701 21702 21703 21704 21705 21709

Other Frederick Specials: Frederick Insurance Rates