The Missouri CD rates from the local banks are there to help those in their community to save as much as they can, in the smallest amount of time. Some financial institutions are now offering great rates on short term CDs only while not so good rates on the longer term. This is because more people are hoping the FED will finally come to their senses and start to allow the interest rate to rise.
An example of this is with Branson Bank. They are a state chartered bank owned and operated by Missourians who opened their doors in 2000. The 90 day CD has an APY of 1.26%. The 6 month CD has an APY of 1.51%. The 12 month CD has an APY of 1.71%. The 18 month CD has an APY of 1.86%. The 2 year CD has an APY of 2.02%. The 3 year CD has an APY of 2.27%, and the 5 year CD has an APY of 2.52%. These CDs require a minimum deposit of $1000. The rates , and were still current as of July 2, 2010.
The CD Rates from the First Midwest Bank of Popular Bluff are better all round than others that specialize in a certain term area. Their 3 month CD has an APY of 1.00%. The 6 month CD has an APY of 1.41%. The 1 year CD has an APY of 1.66%. The 2 year CD has an APY of 1.91%. The 3 year CD has an APY of 2.37%. The 4 year CD has an APY of 2.62%, and the 5 year CD has an APY of 3.29%. Each of these CDs requires a minimum deposit of $1000 to open an account.
These are two of the better Missouri CD rates offered by local financial institutions. For additional resources about CDs on this website about another state, please view Best Rhode Island CD Rates.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember – the bigger the risk, the larger the reward or loss. Invest with caution.
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