Best Monterey CD Rates in January 2012
Since we’ve begun a brand new year, it’s a perfect chance to scrutinize your personal finances and find ways to improve them. Try taking a closer look at your bank accounts– An improvement you can make right away is transferring your money to a higher yield investment. CD rates in Monterey are competitive if you know where to look, so find out if there’s a credit union or bank near you offering a great rate.
Why Monterey CD Rates?
One of the greatest advantages of choosing Monterey CD rates over traditional interest rates on savings accounts is that they’re usually quite a bit higher. This is especially common when it comes to long-term CDs. If you don’t need access to savings for some time, a CD is the higher-earning option.
Highest CD Rates in Monterey
6-Month CD Rates
- Commonwealth Central Credit Union: 0.25%
- Coast-Tel Credit Union: 0.1%
- Santa Cruz County Employees Credit Union: 0.08%
1-Year CD Rates
- Central Coast Credit Union: 0.4%
- Commonwealth Central Credit Union: 0.4%
- Coast-Tel Credit Union: 0.15%
2-Year CD Rates
- Commonwealth Central Credit Union: 0.6%
- Central Coast Credit Union: 0.55%
- Coast-Tel Credit Union: 0.3%
Please be aware that the above Monterey CD rates are accurate as of 1/23/12, but may change in the future at the discretion of the financial institution. You may also be subject to additional requirements in order to qualify for an account. Please confirm interest rates before opening an account. To see the most up-to-date rates, visit the Monterey CD Rates page.
