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Wanting to invest; are searching for the best CD deals available to maximize earnings their money would yield. Certificates of deposit are a safe way to invest money for a pre-determined length of time that allows account holders to save money on competitive rates while ensuring that the principal is not exposed to unexpected expenses. For those looking to invest in CDs anytime soon, the rates may still not be the same as in years past. The following are the best nationally available rates for certificates of deposit. The Bank of Internet USA has the best rates so far for the 1 year CD and 2 year CD. Bank of Internet Personal CDs are FDIC-insured and require a $1000 minimum deposit to earn APY, with interest compounded daily. Their 12 to 23 Month Personal CD has an APY of 1.48%. Their 24 to 35 Month Personal CD has an APY of 1.79%. These rates were posted October 17, 2010 and are still current and effective October 18, 2010. If you are looking to invest in a 3 year CD, look no further than Acacia Federal Savings Bank, a UNIFI Company. Acacia Federal’s CDs require a $500 minimum deposit to obtain APY. Their 36 Month CD has an APY of 2.10%. This rate was posted October 11, 2010 and is still current and effective October 18, 2010. For those who can invest their money in a 4 year CD term, members of the Pentagon Federal Credit Union worldwide can earn the best rate. The PenFed CDs require a $1000 minimum deposit to earn. Their 4 Year CD has an APY of 2.50%. This rate was posted October 18, 2010. For a 5 year CD, the best rate is shared by Acacia Federal and PenFed, which both have an APY of 2.75%. However, Acacia only requires $500 minimum deposit to obtain the APY. It goes without saying that these CD rates may change without notice. If you think you found the best CD deals for you, please visit these institution’s respective websites for more information and to check on the most current rates before you invest. For additional resources about CDs on this website, please view Parke Bank CD Rates. We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution. Author publishes articles frequently regarding investment and financial topics. To help you comprehend more about best cd rates USA USA, highest cd rates, Chase CD Rates, from Author pay a visit to - http://bestcdratesinformation.typepad.com
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