Best Memphis CD Rates in January 2012
Since we’ve begun a brand new year, it’s a great chance to scrutinize your finances and discover opportunities to improve them. For instance, it may have been a while since you last looked at your bank accounts. One positive change you can make right now is moving your money to a higher earning investment. CD rates in Memphis are competitive if you know where to look, so find out if there’s a credit union or bank in the neighborhood offering a great rate.
Benefits of Memphis CD Rates
One of the biggest benefits of choosing Memphis CD rates over conventional interest rates on savings accounts is that they’re generally a lot better. This is especially common when it comes to CDs with longer terms. For those who don’t need access to savings for some time, a certificate of deposit is the higher-earning option.
Highest CD Rates in Memphis
6-Month CD Rates
- Kimberly Clark Credit Union: 0.95%
- L G & W Credit Union: 0.8%
- I Trust Credit Union: 0.75%
1-Year CD Rates
- Kimberly Clark Credit Union: 1.25%
- I Trust Credit Union: 1%
- Kemba Delta Credit Union: 1%
24-Month CD Rates
- L G & W Credit Union: 1.25%
- Kimberly Clark Credit Union: 1.25%
- First South Credit Union: 1.1%
Please be aware that the featured Memphis CD rates are accurate as of January 23, 2012, but may change at any time 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 Memphis CD Rates page.
