Philadelphia Banking Rates
Compare the Best Local Rates
Philadelphia Banking Rates » CD Rates » Why Invest in a Philadelphia CD?

Why Invest in a Philadelphia CD?

Historically, CD rates increase as the U.S. Treasury’s interest rates increase, and vice versa. As of April 2010, the U.S. Treasury’s interest rates hit their highest rates since 2008. For CD rates, this is positive news.

Other options for investing include mutual funds, money market accounts, stocks, and bonds. Certificate of deposits often have the highest return for the smallest risk.

Be prepared to have your money locked up for the entire length of the term.  CDs are fixed term, meaning your bank can assess fees if you need to access your money before the term is over. This could cost you a good chunk of the interest you’ve accrued and leave you with just your principal balance.

If you want to find a good CD rate today, use Philadelphia Banking Rates and get in touch with the bank of your choice.

 

Best Philadelphia Banking Rates

Featured Rate
Ally Bank Open Account with Ally Bank
1.18%
Date: Jan 24, 2012
2-Year CD Rate
View Rate Details
Highest Rates Recent Rate Changes
Merck Employees Federal Credit Union Savings Account
1.51%
Date: Jan 23, 2012
Utilities Employees Credit Union 2 Year CD Account
1.40%
Date: Jan 23, 2012
Superior Credit Union 2 Year CD Account
1.30%
Date: Jan 23, 2012
Public Savings Bank 2 Year CD Account
1.28%
Date: Jan 27, 2012
First National Bank of Chester County 2 Year CD Account
1.25%
Date: Feb 1, 2012
The Bank of Princeton 2 Year CD Account
1.25%
Date: Jan 30, 2012
Sun East Credit Union 2 Year CD Account
1.10% to
1.05%
Date: Feb 3, 2012
Fidelity Bank of Bucks Co Savings Account
0.70% to
0.60%
Date: Feb 2, 2012
Century Savings Bank 2 Year CD Account
1.26% to
1.21%
Date: Feb 1, 2012
Century Savings Bank 12 Month CD Account
0.70% to
0.65%
Date: Feb 1, 2012
Century Savings Bank 6 Month CD Account
0.50% to
0.45%
Date: Feb 1, 2012
PNC Bank, Delaware 2 Year CD Account
0.45% to
0.35%
Date: Feb 1, 2012
See All Banking Rates
 

Check rates in these cities in Philadelphia: See Cities

 
Philadelphia Deposit Rates:

 
Philadelphia Other Rates:

© Philadelphia Banking Rates, A GoMediaNetwork Site
For Advertisers:
For Publishers: