Charleston, South Carolina CD Rates
Posted on September 28th, 2010
From the oldest city in South Carolina, the Charleston, South Carolina CD rates may not be growing on Sabal Palmettos, but knowing which institution to invest you money in definitely will. South Carolina has been slammed by the recession and people of Charleston are considering investing some of their savings where it will remain safe but still earn.
The First Federal Savings and Loan of Charleston is the largest bank in the area by assets. Their Traditional CDs range in terms of 3 months to 5 years. They require a minimum deposit of $1000 to obtain APY. The 1 Year CD has an interest rate of 0.40% with an APY of 0.40%.
The 2 Year CD has an interest rate of 1.05% with an APY of 1.05%. The 3 Year CD has an interest rate of 1.60% with an APY of 1.60%. The 5 Year CD has an interest rate of 2.25% with an APY of 2.25%.
Community First Bank currently has a 4 month CD Special and an 18 month CD Special. These CDs require a minimum deposit of $1000. The 4 Month CD Special has an interest rate of 1.14% with an APY of 1.15%. The 18 Month CD Special has an interest rate of 1.34% with an APY of 1.35%. Their regular CDs, on the other hand, require $500 minimum deposit.
Their 3 Month, 6 Month, and 9 Month CDs each have an interest rate of 0.75% with an APY of 0.75%. The 12 Month CD has an interest rate of 0.85% with an APY of 0.85%. The 18 Month CD has an interest rate of 0.90% with an APY of 0.90%.
The 24 Month CD has an interest rate of 1.24% with an APY of 1.25%. The 60 Month CD has an interest rate of 2.47% with an APY of 2.50%.
These CD rates may change without notice so be sure to check with these institutions about their current rates. You may also want to check Bank of South Carolina, Harbor National Bank, Atlantic Bank and Trust, and Carolina Federal Savings Bank for Charleston, South Carolina CD rates.
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