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In Vero Beach, Florida, you can currently get CD rates all the way up to 3.25%. Most short term CDs are closer to 2%, however.

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Why are short term CD rates so high?

Short-term CD rates are high because banks offer higher interest rates to attract customers to invest their money for a short period of time, which helps the bank raise funds quickly and efficiently.


Where can one find short term CD rates?

Short term CD rates can be found online at websites such as Ally and Vanguard. Simply creating an account or calling their toll free numbers will provide information on these rates.


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Casey short is used for telling a success story in Florida.