Why is finding the best CD rate in Sacramento so important? If you don’t need to access your money for a while, depositing in a CD could yield you higher interest rates.
Sacramento Banking Rates is a comprehensive free resource for people like you who are searching for the best CD rates in Sacramento. We do the comparison shopping among financial institutions so you don’t have to. 
| 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 | |
|
1.00%
As of May 7, 2012
|
View Rate Details | Chevron Federal Credit Union | CD Account |
|
1.00%
As of April 26, 2012
|
View Rate Details | Seacoast Commerce Bank | CD Account |
|
0.75%
As of May 14, 2012
|
View Rate Details | Mc Clatchy Employees Credit Union | CD Account |
|
0.75%
As of May 2, 2012
|
View Rate Details | Kaiperm Diablo Federal Credit Union | CD Account |
|
0.75%
As of May 1, 2012
|
View Rate Details | USE Credit Union San Diego | CD Account |
|
0.60%
As of May 3, 2012
|
View Rate Details | Community Business Bank Sacramento | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| The Golden 1 Credit Union - 2 Year CD Account | 0.45% to 0.41% | May 16, 2012 | |
| Sacramento Credit Union - 2 Year CD Account | 0.41% to 0.39% | May 15, 2012 | |
| Heritage Community Credit Union - 12 Month CD Account | 0.25% to 0.20% | May 14, 2012 | |
| Safe Credit Union Sacramento, CA - 2 Year CD Account | 0.55% to 0.45% | May 11, 2012 | |
| S A F E Credit Union - 2 Year CD Account | 0.55% to 0.45% | May 4, 2012 | |
| Antioch Community Credit Union - 12 Month CD Account | 0.10% to 0.05% | May 3, 2012 | |
Opening a certificate of deposit is a great way to use your savings to make a little interest. They are safe, guaranteed, and can provide high CD rates. When looking to invest in a CD, it is important to know that the duration of your deposit, and the amount of money deposited both play a key role in the interest rate you’ll receive. Also, try to keep in mind that CD rates very by region, so it’s important to know the average CD rate in your area.
After the holiday season is over, if you are lucky enough to have some extra money that you will not need to touch for 6 months or longer, a great way to invest safely is through a certificate of deposit account. Depending on the investment period you decide on, rates will vary. Generally, a longer time period will yield higher rates. The most important factor for you to consider when looking at CD accounts as an investment option is the interest rate. Finding an institution with the highest CD rate will help you grow your money faster.
Investing in a certificate of deposit is an easy way to collect high interest rates on your money. Schools Financial Credit Union is making it even easier by offering an incredible 7% APY on CD accounts. This particular savings account interest rate is one of the best available today.
If you work for the State of California you might be getting a yearly bonus big enough to invest. You’ll probably pay off a lot of bills with it, but you could also have some left over to invest. If that’s the case this year, Sacramento Banking Rates could help you find CD rates that will expand your investment, providing you with a stronger financial picture.
Sacramento 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.
