A Certificate of Deposit, of CD is similar to a savings account that earns interest, but different in that you can choose to a length of time (typically anywhere from 3 months to 5 years) that you will not touch your savings. The reason you may choose this option is that banks typically offer higher interest rates because they know you are not going to withdraw the money. Banks can then loan your money out, and pay you a higher Bank Rate to allow you to earn even more money.
| Featured Rate | |
|---|---|
 Discover Bank | 2.05% Date: Feb 8, 2010 |
| Highest Rates Recent Rate Changes | |
| Arkansas Farm Bureau Credit Union 12 Month CD Account | 3.03% Date: Feb 15, 2010 |
| Pfd Firefighters Inc. Credit Union 6 Month CD Account | 3.03% Date: Feb 8, 2010 |
| Kauai Government Employees Credit Union 2 Year CD Account | 3.03% Date: Feb 8, 2010 |
| Sea Comm Credit Union 2 Year CD Account | 3.03% Date: Jan 12, 2010 |
| East Ky Employees Credit Union 2 Year CD Account | 3.00% Date: Feb 15, 2010 |
| Milledgeville State Bank6 Month CD Account | 0.95% to 1.10% Date: Mar 5, 2010 |
| Milledgeville State Bank12 Month CD Account | 1.56% to 1.51% Date: Mar 5, 2010 |
| Milledgeville State Bank2 Year CD Account | 1.96% to 1.86% Date: Mar 5, 2010 |
| Mission City Credit Union6 Month CD Account | 1.00% to 0.75% Date: Mar 5, 2010 |
| Mission City Credit Union12 Month CD Account | 1.25% to 1.15% Date: Mar 5, 2010 |