Finding the Best 6-Month CD Rates in Memphis, TN: February 2011
How can you determine whether a CD rate is really a good one? It takes a bit of research, but Memphis Banking Rates exists to bring you all the information you need to find out.
To start, begin with the average rate for your location. Memphis Banking Rates compiles rates data from within a 50-mile radius of Memphis and the following is a breakdown of that information to help you locate the best rates near you.
Average Six Month CD Rate in Memphis
Right now, the highest 6-month CD in Memphis is currently 1.85% APY and the lowest is 0% APY. There are a total of 21 six month CDs currently available in the area. That brings the average to 0.85% APY.
The average in rate in Memphis can serve as a benchmark for comparing the rest of the local interest rates you find. Rates close to or over the average in your community are competitive offers.
If you’d like to see more CD rates from Memphis banks and credit unions for a term of six months, visit the Memphis 6-Month CD page.
