Apr 02 2009
Highest CD Rates in RI
Apparently there are some people in the country looking for the highest CD Rates in RI. Honestly, I think you would be better off looking in Florida (FL), Georgia (GA), Texas (TX), or Illinois (IL). But if that is what your heart is set on, here you go.
Independence Bank, East Greenwich, RI — FDIC #57379
They have some impressive rates actually. 11mos at 2.75% APY, 15-mos at 3.00% APY, 3-year at 3.50% APY, and 5Y at 4.00% APY. I’m happily shocked. Contact#: 888-824-8873.
Freedom National Bank, Greenville – FDIC #57254
The rates aren’t bad. But, there are certainly better ones. But if you live nearby, Greenville, and want to bank locally, check them out. 1-year CD rate at 2.25% APY, 2-year at 2.50%. Contact #: 866-920-BANK (You’ve gotta love the phone number).
Those are pretty good CD interest rates so far. Let’s see what else is there.
Home Loan Investment Bank, F.S.B., Warwick,RI — FDIC #27417
Another bank with a really good rate. They have a 13-month certificate at 2.75% APY. The 6-month CD isn’t bad either at 2.25%. Contact#: 888-500-6025
Union Federal Savings Bank, North Providence — FDIC #57189
Union Federal has an impressive money market rate at 2.25% APY. HSBC and WT Direct recently tanked their rates to 1.65% APY and 1.71% APY. The CD rates are high, too. 6-month CD at 2.45%, 9-month CD at 2.60%, and 1-year CD 2.75%. Contact#: 888-226-0819
Okay, I have to apologize to the Rhode Islanders. Not only do the above banks have the highest CD rates in RI, but they have some of the best bank Cd Rates in the country.
Also try Bank CD Rate Comparison or CD Rates NJ .
Bank on Compadres.