When shopping around for the highest certificate of deposit interest rates, it helps to look at local financial institutions. Generally, smaller banks are especially invested in the communities they serve and thus, make providing the best rates to customers a top priority.
However, finding the best CD rates in California can be tough if you don’t know where so start, so we’ve compiled the best rates across various term lengths for community banks in the area. 
When you opened your California bank account, you probably shopped around for the best interest rate you could find first. Have you checked out rates since? In order to ensure you’re always earning all you can, it is important to continually stay up-to-date on current rates in your state. Interest rates change on a daily basis, so it’s your job to keep up with the latest rate adjustments. California Banking Rates can help you out this month with a list of the highest bank account rates in California today.
You may already be aware that certificates of deposit generally pay out higher interest rates than traditional savings accounts, but did you know that the longer the CD, the higher the rate? Financial institutions like customers to keep their money on deposit for as long as possible, so they’ll reward long-term account holders with better interest rates. That means if you’re looking for the best <a href=”http://www.californiabankingrates.com/cd-rates/”>California CD rates</a>, 24-month (2-year) CD accounts are sure to offer the highest rates.
<h3>Today’s 2-Year CD Rates in California</h3>
To get a better idea of what currently available, here’s a look at the highest, lowest and average 24-month CD rates in California right now:
If you’re not satisfied by the interest rates banks and credit unions are offering on 6-month CDs right now, lengthening the term a bit can help you get better offers. 12-month, or 1-year, certificates of deposit generally provide higher interest rates than shorter-term CDs. If you’re willing to keep your money on deposit for this long, a 12-month CD could be a great choice for you.
Certificates of deposit with a term length of 6 months are a popular choice among depositors. 6 months is a period of time long enough to really see interest rates that beat out most traditional savings accounts, but at the same time, short enough so that it doesn’t feel like you lose access to your money for too long. If you would like to open a 6-month CD in California, find out where to get the best interest rates first.
If your goal is to get the highest savings rate in California possible, you’ll need to regularly do research into where the top rates can be found. Since interest rates change regularly, sometimes on a daily basis, it’s important to check rates often and not just when you open your account.
One of the best ways to put yourself on the road to financial freedom is to ensure you’re getting the best bank account rates in California. So with literally thousands of financial institutions out there and millions of rates published each day, how can you be sure you’re getting the best deal?
April 26, 2011
A CD is a great investment, and the key to getting the most out of your money is to find the best interest rate. CD rates in California have seen a little fluctuation this month, so we’re here to update you on the best rates. Looking for the best CD rates today? Please refer to our top offers from credit unions and banks in California:
April 26, 2011
If one of your goals this year is to save money, why not start with where you deposit your money? A good savings account rate can help you earn a little bit of interest every day, which after time can amount to big savings. Savings account rates change all the time, so let’s take a look at what rates are currently available within your state.
Looking at the state of the financial world today, an investor has few options in terms of safe places to deposit money. The stock market is volatile, many people lost thousands from their 401(k)s and real estate is up and down.
Certificates of deposit, however, offer a great short or long-term investment opportunity. You many not be thinking too much about what will happen over the next two years, but putting your money in a 2-year CD will mean you may be able to afford a down payment on a house, a new car or another expense that you can’t afford right now.
| Featured Rate | |
|---|---|
CIT Bank | 1.26% Date: Feb 16, 2012 2-Year CD Rate |
| Highest RatesRecent Rate Changes | |
| First Imperial Credit Union 2 Year CD Account | 1.70% Date: Feb 7, 2012 |
| F & A Credit Union 2 Year CD Account | 1.36% Date: Feb 3, 2012 |
| Broadway Federal Bank, F. S. B. 2 Year CD Account | 1.26% Date: Feb 17, 2012 |
| Balboa Thrift and Loan Association 2 Year CD Account | 1.26% Date: Feb 15, 2012 |
| Fresno Police Department Credit Union 2 Year CD Account | 1.25% Date: Feb 10, 2012 |
| Mission San Francisco Credit Union 2 Year CD Account | 1.25% Date: Feb 9, 2012 |
| Certified Credit Union 6 Month CD Account | 0.50% to 1.00% Date: Feb 20, 2012 |
| Premier America Credit Union 12 Month CD Account | 0.80% to 0.75% Date: Feb 20, 2012 |
| Centennial Bank 2 Year CD Account | 0.75% to 0.70% Date: Feb 20, 2012 |
| Coast Central Credit Union 2 Year CD Account | 0.75% to 0.65% Date: Feb 20, 2012 |
| Central State Credit Union 2 Year CD Account | 0.55% to 0.50% Date: Feb 20, 2012 |
| Centennial Bank 12 Month CD Account | 0.55% to 0.50% Date: Feb 20, 2012 |
