Charleston Banking Rates > CD Rates

Charleston CD Rates

Attending the College of Charleston is an investment in your future, since you’ll be relying on that good education for the rest of your life. But you don’t have to major in economics to know that making smart financial investments is crucial to your future as well. Charleston Banking Rates could help you here, too, by helping you find the best cd rates, for example.

If you’re looking for the highest rates on CDs then Charleston Banking Rates is the place to begin. Our network of financial experts is here to help you grow your savings today.

Current Charleston CD Rates News

03/09/10

Fed tells Florida bank to raise capital or find buyer

Within 30 days, Horizon Bank also must submit an acceptable plan and timetable to the Federal Reserve Bank of Atlanta for conforming interest rates paid on ...

03/09/10

OTS lifts order on First Marblehead's bank unit

Private student loans aren't guaranteed by the government and carry higher interest rates. As the recession worsened, more customers have fallen behind ...

Best Charleston CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
2.05% As of February 8, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account Type
1.55% As of February 23, 2010	View Rate Details	First Federal of South Carolina, FSB	CD Account
1.30% As of January 12, 2010	View Rate Details	Santee Cooper Credit Union	CD Account
1.25% As of January 22, 2010	View Rate Details	SouthCoast Community Bank	CD Account
1.05% As of February 24, 2010	View Rate Details	The Bank of South Carolina	CD Account
0.90% As of February 28, 2010	View Rate Details	Community FirstBank of Charleston	CD Account

Bank / Account Type		Rate Change	Date
-	Community FirstBank of Charleston - 6 Month CD Account	N/A to 0.90%	Feb 28, 2010
	The Bank of South Carolina - 6 Month CD Account	1.05% to 1.05%	Feb 24, 2010
-	First Federal of South Carolina, FSB - 6 Month CD Account	N/A to 1.55%	Feb 23, 2010
-	First Federal Savings and Loan Association of Charleston - 6 Month CD Account	N/A to 0.35%	Feb 8, 2010
	SouthCoast Community Bank - 6 Month CD Account	2.38% to 1.25%	Jan 22, 2010

See All CD Account Rates

Your Credit and CD Rates

A Certificate of Deposit, or CD is similar to a savings account in that it earns interest, but different in that you can set a length of time (anywhere from 3 months to 5 years) that you will not touch your savings. The reason you may choose this option is that banks typically offer higher interest rates because they know you are not going to withdraw the money. Banks can then loan your money out, and pay you a higher Bank Rate to allow you to earn even more money.

Most investing options do not require a strong credit score to become an investor. However, there are a few who do, particularly high interest rate savings accounts. Even if they do not require a credit check, it is a good idea to always remain on top of your credit.

Get a free credit report today.

Best CD Rates, IRAs and Investments in Charleston

Charleston Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Charleston credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Charleston Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Charleston, SC

A clear advantage of investing in CD’s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Charleston Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.

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Recent CD Rates Articles from Go Banking Rates

Check Rates in These Cities Near Charleston:

Serving the Following Charleston Zip Codes:

Myrtle Beach	Florence	Sumter
Mount Pleasant	Greenville	North Myrtle Beach
Hilton Head Island	Spartanburg	Columbia

29401, 29402, 29403, 29404, 29405, 29406, 29407, 29409, 29410, 29412, 29413, 29414, 29415, 29416, 29417, 29418, 29419, 29420, 29422, 29423, 29424, 29425, 29492

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