Best Phoenix CD Rates

September 15th, 2010 Jackson Colson Leave a comment Go to comments

For the best Phoenix CD rates, be sure to thoroughly research banks with the best offers before you make your decision. Phoenix is home to many senior citizens from northern states that go south for the winter in order to avoid the brutal cold and enjoy the lovely warmth. If you would like to spend winters in Arizona, you need to start preparing for the cost now through sound investments like CDs.

From Scottsdale, Arizona, Goldwater Bank’s CDs have a $10,000 minimum opening deposit. Their 12 month CD has an interest rate of 1.40% with an APY of 1.40%. Their 24 month CD has an interest rate 1.73% with an APY of 1.74%. Their 3 year CD has an interest rate of 2.03% with an APY of 2.04%. Their 5 year CD has an interest rate of 2.49% with an APY of 2.51%. These rates were posted September 7, 2010 and are still current and effective September 13, 2010.

Serving northeast Phoenix and Scottsdale areas, Pinnacle Banks CDs have a $1000 minimum opening deposit. Their 1 year CD has an interest rate of 1.24% with an APY of 1.25%. Their 2 year CD has an interest rate of 1.58% with an APY of 1.60%. Their 3 year CD has an interest rate of 1.93% with an APY of 1.95%. Their 5 year CD has an interest rate of 2.47% with an APY of 2.50%. These rates were posted September 1, 2010 and are still current and effective September 13, 2010.

From “the hometown bank in Mesa”, Gateway Bank’s CDs have a $1000 minimum opening deposit. Their 12 months Maximizer CD has an interest rate of 1.09% with an APY of 1.10%. The 24 months Maximizer CD has an interest rate of 1.54% with an APY of 1.55%. The 36 months Maximizer CD has an interest rate of 1.83% with an APY of 1.85%. A onetime only rate change is allowed during the term of the certificate. These bank CD rates were posted September 7, 2010 and are still current and effective September 13, 2010.

Be sure to research more banks thoroughly for the best Phoenix CD rates before making a decision.

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