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.

Dayton Banking Rates compiles rates data from a database of over 3,000 banks and credit unions to bring you current CD rate information and help you find the best accounts.

CD rates can vary greatly depending on the term and location of the account. Don’t settle on the first rate you’re offered; researching the rates from all the banks and credit unions in your area will likely result in finding competitive offers you never knew existed.

Finding the highest CD rates in Dayton isn’t easy, but locating the best rates will get you that much closer to your savings goals.

Dayton Banking Rates compiles rates data from a database of over 3,000 banks and credit unions to bring you the most up-to-date CD rate information and help you find the best accounts.

The best certificate of deposit rates are easy to find if you know what you’re looking for!  Keep in mind the main two factors when shopping around for a high certificate of deposit rate: the duration of the investment, and the amount of money invested.  Generally, the more money you invest and the longer the term duration, the higher interest rate you’ll receive.

Choosing a bank or credit union to open a certificate of deposit with is a relatively simple choice!  There are a few factors to consider, but the most important is finding the best rate of interest on your investment.  That’s why finding an account with the highest CD rate that also meets your savings needs and goals is crucial to making a wise investment.

There are a lot of factors that go into choosing the best certificate of deposit account, especially the interest rate. Whether you’re in search of a short-term six month CD, or are willing to commit to a longer investment period of one or two years in order to earn a higher rate, CD interest rates vary by location and financial institution. That’s why finding an account with the highest CD rate that also meets your savings needs and goals is crucial to making a wise investment.

Dayton’s nickname is the “Gem City.” Most people here might have a gem or two, but the majority have their money tied up in investments, like CDs and money markets. Dayton Banking Rates could help you find the CD rates and money market rates that everyone’s looking for.

The most difficult, and important, decision to make when investing your hard-earned money is which type of investment account should you choose. Certificate of deposits mature at a fixed rate on a fixed length of time, so you know what you’re getting up front. Mutual Funds may give a higher return, but are risky because they rely on the success of the stock market and the choices of the firm doing the investing on your behalf. Be sure to do your research on Dayton Banking Rates before you decide.

Dayton 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.

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 Dayton Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.