Best CD Rates Today June 2011 with a 1 year term

Best CD rates Today June 2011 with a 1 year term that is presently being openly advertised is an APR of 1.27%. This is from the new AloStar back that has taken over the deposits of the now defunct Nexity Bank. The minimum deposit amount required to obtain this APY is $ 1,000 and the interest is compounded daily.

The online bank E-Loan has a 1 year CD that is earning an APY of 1.26% APY. The minimum deposit required to obtain this CD rate is $ 10,000. The interest on this certificate of deposits is compounded daily.

The next in line of the best CD rates for investing your money with a term of 1 year is from Aurora Bank. This 1 year CD is earning an APY of 1.21% with a minimum deposit of $ 1,000. If you have $ 100,000 to deposit on a certificate of deposit then you can earn 1.23% APY. These bank CD rates and their interests are also compounded daily.

Fourth in the list of best CD rates in June for a 1 year term is from Ally Bank. This is the old GMAC financial institution that has been near or at the top of great rates on all of their financial products since they distanced themselves from the auto maker.

They are currently offering a 1 year high yield CD with an APY of 1.20%. This certificate of deposit does not a minimum deposit amount, but the fact remains the same. Unless you make a deposit, you cannot receive a return in an investment. This CD rate also has its interest compounded daily.

Other financial institutions that are offering an APY of 1.20% on a 1 year CD include the Discover Bank and the Colorado Federal Savings Bank.

This Best CD Rates Today June 2011 with a 1 year term list was accurate as of June 27, 2011 but all rates are subject to change without notice.

We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.  Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.

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To know more about the Citibank CD Rates, best cd rates USA, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit – http://bestcdratesinusa.wordpress.com

Article Source : http://www.bestcdratestoday.com/capital-one-purchasing-ing-and-its-effect-on-cd-rates/

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