Milford Banking Rates > CD Rates

Milford CD Rates

You are young and just learning about finances. You know never to touch the principal in your investments and to let the interest compound, but the stock market might be a bit too intimidating at this time. Take baby steps and place your money in a Milford certificate of deposit with the best rates. Whether you plan on testing the waters with a 3-month or 12-month CD, your money could grow faster than with an average savings account.

With the best Milford bank CD rates our network has to offer, you could soon grow a significant nest egg.

Current Milford CD Rates News

03/09/10

LA wants to quit or alter two bank deals

Many municipalities have used swap deals in recent years to protect themselves from rising interest rates on floating-rate bonds. ...

03/09/10

Baltic Trading's IPO Raises $228 Million in Pricing at Low End

The ships will compete for cargoes in the spot market rather than seeking longer-term deals at fixed- charter rates, according to its filing. ...

Best Milford 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
2.15% As of January 12, 2010	View Rate Details	Nassau Educators Credit Union	CD Account
2.15% As of October 22, 2009	View Rate Details	Westchester Credit Union	CD Account
2.01% As of January 12, 2010	View Rate Details	Long Island State Employees Credit Union	CD Account
2.00% As of January 12, 2010	View Rate Details	Quorum Credit Union	CD Account
1.92% As of February 8, 2010	View Rate Details	Suma Yonkers Credit Union	CD Account

Bank / Account Type		Rate Change	Date
	North Shore Lij Health System Credit Union - 6 Month CD Account	1.35% to 1.25%	Mar 5, 2010
	Lij Employees Credit Union - 6 Month CD Account	1.35% to 1.25%	Mar 4, 2010
-	Putnam Credit Union - 6 Month CD Account	N/A to 1.00%	Feb 23, 2010
	NorthEast Community Bank - 6 Month CD Account	0.85% to 0.60%	Feb 23, 2010
	Golden First Bank - 6 Month CD Account	1.21% to 1.11%	Feb 15, 2010

See All CD Account Rates

Best CD Rates, IRAs and Investments in Milford

Milford 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 Milford 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. Milford Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Milford, CT

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 Milford 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 Milford:

Serving the Following Milford Zip Codes:

Stratford	Waterbury	Trumbull
Norwalk	New Haven	Bridgeport
Darien	Greenwich	Stamford
Westport	Bristol	Hamden
Hartford	Danbury

06460

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