April 26, 2011
A CD is a great investment, and the key to getting the most out of your money is to find the best interest rate. CD rates in South Bend have seen a little fluctuation this month, so we’re here to update you on the best rates. Looking for the best CD rates today? Please refer to our top offers from credit unions and banks in South Bend, IN: 
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
1.10%
As of May 14, 2012
|
 |
CIT Bank
|
CD Account |
|
1.09%
As of May 15, 2012
|
|
Ally Bank
|
CD Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.15%
As of May 16, 2012
|
View Rate Details | Communitywide Credit Union | CD Account |
|
1.00%
As of May 11, 2012
|
View Rate Details | The Campbell & Fetter Bank | CD Account |
|
1.00%
As of April 27, 2012
|
View Rate Details | First Bank Indiana | CD Account |
|
1.00%
As of April 27, 2012
|
View Rate Details | South Bend Firefighters Credit Union | CD Account |
|
0.65%
As of May 15, 2012
|
View Rate Details | First Federal Savings Bank | CD Account |
|
0.65%
As of May 14, 2012
|
View Rate Details | Taper Lock Credit Union | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| Indiana Lakes Federal Credit Union - 12 Month CD Account | 0.40% to 0.35% | May 11, 2012 | |
| Chiphone Credit Union - 12 Month CD Account | 0.15% to 0.10% | May 4, 2012 | |
| United Federal Credit Union - 6 Month CD Account | 0.35% to 0.25% | May 3, 2012 | |
| First Trust Credit Union - 6 Month CD Account | 0.35% to 0.25% | Apr 30, 2012 | |
| 1st Source Bank - 2 Year CD Account | 0.45% to 0.40% | Apr 26, 2012 | |
When you think about your financial future, do you think long term or short term? Do you look ahead to retirement or wonder how you’re going to make rent next week?
Instead of thinking about one of those two extremes, why not look ahead a year or two? You can achieve a lot with a smart investment–like a 24-month CD. Buying a new car, putting a down payment on a house, those are the big financial dreams that can be yours.
If you’re in search of the best 12-month CD rates available today, you should begin by comparing the rates from local financial institutions near you. Generally, community-oriented banks and credit unions are in a better position to offer more competitive interest rates on deposit accounts.
Too often people put money into an account and don’t think much of it until there’s a problem. However, if you’re serious about saving money, you should spend a little time looking into deposit account interest rates at banks and credit unions near you. Not only will researching nearby offers turn up great savings and CD rates–usually, better than the national average–a local institution will ensure your financial goals are met.
Given the volatility of the stock market, many people are turning to safer methods of saving money. One such method is investing in CDs. If you find a great CD rate in South Bend, you can save quite a bit of money and help you and your family achieve your financial goals.
Now that we’re in a new month, it’s a good time to take a look at current interest rates in South Bend.
South Bend Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate.
If you live in South Bend, IN and are interested in opening a 2 Year CD account, there are a few factors you’ll need to examine before choosing the best account for you. Things like the minimum balance required and term length of your CD are important, but the interest rate offered is likely your top concern.
Longer term lengths generally yield higher CD rates, which is probably why you’re interested in a 24-month CD. That doesn’t necessarily mean every 2 year CD rate is good, however. South Bend Banking Rates can help familiarize you with the rates available in South Bend and find the rates that are truly competitive for the area.
When it comes to choosing the best CD account in South Bend, IN, there are several factors to consider like term length, minimum deposit and most importantly, the interest rate. If you’ve decided on a 12-month CD, it’s important you figure out what the appropriate interest rate for that term length should be in your location.
How can you determine whether a CD rate is really a good one? It takes a bit of research, but South Bend Banking Rates exists to bring you all the information you need to find out.
To start, begin with the average rate for your location. South Bend Banking Rates compiles rates data from within a 50-mile radius of South Bend and the following is a breakdown of that information to help you locate the best rates near you.
Certificates of deposit are a popular choice with investors because they usually offer higher interest rates than regular savings accounts. Of course, not all CD rates are just as good as other deposit accounts.
Don’t worry if you don’t know how to find the best CD rates–South Bend Banking Rates exists to bring you current CD rates information from our huge database of banks and credit unions so locating the most competitive CD rates in South Bend is easy. South Bend Banking Rates is a comprehensive free resource for people like you who are searching for the best CD rates in South Bend. We do the comparison shopping among financial institutions so you don’t have to.
