A 6 month CD is a way to save where you make a deposit and it earns interest while in the bank and you have to pay for early withdraws. The advantages of 6 month CD rates are it's sort of strict so you have a better chance at keeping savings. Also, you gain interest as long as you keep your money in the bank.
Check around the various banks in Cleveland, Ohio. By calling them, they will be able to give you their current cd rates. First Federal Bank has the best cd rates. Their 6-month rate is .2%, and their 24-month rate at .8%.
GMAC Bank has the highest CD interest rate at 2.80%. GMAC Bank also has the highest rate on 12/3 at 3.75percent with a minimum of 500 deposited for a 6 month CD.
Chase Bank's CD rates are actually fairly low. As of June, 2011, they were 0.25% APY for 6 or 12 month CDs, 0.50% for 18 or 24 months, or 1.01% for 36 months, all with a minimum deposit of $1000.
It depends on the time and minimum deposit, but the lowest you can get is 2.25% APY as a 5 year CD yielding, and the minimum deposit would be $10,000. A 6 month CD yielding with a minimum deposit of $1,000 is .25% APY.
A search of the national banks using bankrate.com shows that most major banks offering 6 month CDs are giving between 1-1.2% APR. The range covers the different deposit requirements at the various institutions.
Temecula Valley Bank is offering a CD promotion that includes a 6-month CD with an APY of 4.00% 1-888-FCDIRECT
Check around the various banks in Cleveland, Ohio. By calling them, they will be able to give you their current cd rates. First Federal Bank has the best cd rates. Their 6-month rate is .2%, and their 24-month rate at .8%.
just pay a visit to www.e-high.net http://www.bankrate.com/funnel/cd-investments/ will give you all the current rates since they change quickly.
As of June 27, 2011, a 6-month jumbo CD can yield 1.12% with a minimum deposit of $100,000. A 2-year jumbo CD can yield 2.49% with a minimum deposit of $100,000.
GMAC Bank has the highest CD interest rate at 2.80%. GMAC Bank also has the highest rate on 12/3 at 3.75percent with a minimum of 500 deposited for a 6 month CD.
Chase Bank's CD rates are actually fairly low. As of June, 2011, they were 0.25% APY for 6 or 12 month CDs, 0.50% for 18 or 24 months, or 1.01% for 36 months, all with a minimum deposit of $1000.
It depends on the time and minimum deposit, but the lowest you can get is 2.25% APY as a 5 year CD yielding, and the minimum deposit would be $10,000. A 6 month CD yielding with a minimum deposit of $1,000 is .25% APY.
A search of the national banks using bankrate.com shows that most major banks offering 6 month CDs are giving between 1-1.2% APR. The range covers the different deposit requirements at the various institutions.
Six month CDs average from 1% - 1.5%. One year CDs range between 1.3% to 2%.
I think CD yield a little bit more than money market, around 3 to 5 percent for 6 or 12 month deposits. They don't vary that much. Most are around 3 to 5 percent. I am interested in your 3-5% CD 6 mos - please respond.
The highest rate on a 6-month, $50000 CD in Hanover is 2.14 percent
Normally a 6 month CD has a relativley low yield,unless you are depositiing over 100k.