Top 9-Month CD Yields

Looking for 9 Month CD Rates.  Stop looking now. 

Top 9 month CD Rates are actually difficult to locate. The 9-month term is considered an odd term Certificates of Deposit and not many banks or credit unions offer it.  frequently, those that do, have a lower 9-month rate than the 6-month.

However, here are a couple deals that I tracked down.

Discover Bank — 1.50% APY (Yes, this is the bank for the Discover Credit Card). 3-stars.

Ally Bank — 1.55% APY (and they don’t have any annoying small print or disclaimers or so they claim).  2-star Rating.

Christian Community Credit Union — 2.25% APY (Wow!  They call it the Kingdom Builder Certificate, I like it.)  3-stars.  But, please note.  They are not federally insured by the NCUA.  They carry private ASI insurance.

Umbrella Bank — 1.85% APY.  1-star.  They may need an Umbrella.  Looks like a storm is headed their way.

So that is a pretty good round-up.  I would probably skip Umbrella Bank.  Before depositing in Christian Community do some research on ASI.  Your investments’s protection is based on the insurance company’s health.  They might also have restrictions on membership such as having to be a Christian.

For ease, Ally Bank and Discover are probably the best bets, but keep in mind that on-line set-ups usually require you to answer a set of questions that only you should know.  I’ve read some horror stories lately, where the information the banks were working from was incorrect. 

9 month CD rates may be a good way to go.  There is just no way to know when the Fed is going to raise interest rates.

Let me know if you find some hot CD deals.

Check-out CD Rates MA or On-line CD Rates

This entry was posted on Wednesday, September 30th, 2009 at 4:19 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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