Current 6-Month CD Rates in Frederick, MD

Given the volatility of the stock market, many people are turning to safer methods of saving money. One such method is investing in CDs. If you find a great CD rate in Frederick, you can save quite a bit of money and help you and your family achieve your financial goals.

How do you determine what a good CD rate is? It takes a bit of research, but Frederick Banking Rates is here to bring you all the information you need to find out.

Let’s begin with the average rate for your location. Frederick Banking Rates compiles rates data from within a 50-mile radius of Frederick and the following is a breakdown of that information to help you locate the best six-month CD rates near you.

Six Month CD Rates in Frederick Today

There are currently 51 six-month CD accounts available within a 50-mile radius of Frederick. Among those accounts, the following is a breakdown of how their interest rates stack up:

Highest 6-month CD rate in Frederick

Hopkins Federal Savings Bank: 1.11% APY

Lowest Frederick 6-month CD rate

HSBC Bank USA, National Association: 0.1% APY

Average 6-month CD rate in Frederick

The average interest rate for six month CDs is 0.54% APY.

The average in rate in Frederick can serve as a benchmark for comparing the rest of the local interest rates you find. Rates close to or more than the average in your city are competitive offers.

NOTE: These rates are accurate as of 4/12/11 but are subject to change at any time in the future. The most up-to-date 6-month CD rates can be found at our Frederick 6-Month CD page.