Gainesville Banking Rates > CD Rates

Types of Investment Income

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 Gainesville Banking Rates before you decide.

Common types of investment income accounts:

Certificate of Deposits (CDs)
IRAs
Savings Bonds
Stock and Mutual Funds
Money Market Accounts (MMAs)

No matter what type of investment you decide to make, or even if you’re just seeking more information to help you make the right decision, Gainesville Banking Rates can help make that decision easier.

Submit your information today to learn more and see available rates for CD rates and investments.

Current Gainesville CD Rates News

03/09/10

LA wants to quit or alter two bank deals

Many municipalities have used swap deals in recent years to protect themselves from rising interest rates on floating-rate bonds. ...

03/09/10

Baltic Trading's IPO Raises $228 Million in Pricing at Low End

The ships will compete for cargoes in the spot market rather than seeking longer-term deals at fixed- charter rates, according to its filing. ...

Best Gainesville CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
2.05% As of February 8, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account Type
1.40% As of February 24, 2010	View Rate Details	Community Bank of Florida	CD Account
1.40% As of November 5, 2009	View Rate Details	First Avenue National Bank	CD Account
1.30% As of February 15, 2010	View Rate Details	Alarion Bank	CD Account
1.25% As of February 25, 2010	View Rate Details	First Federal Bank of North Florida	CD Account
1.25% As of November 5, 2009	View Rate Details	First Coast Community Credit Union	CD Account

	Rate Change	Date
Independent National Bank - 6 Month CD Account	0.50% to 0.50%	Mar 4, 2010
Florida Citizens Bank - 6 Month CD Account	1.25% to 0.75%	Mar 2, 2010
Campus Usa Credit Union - 6 Month CD Account	0.55% to 0.35%	Mar 1, 2010
Drummond Community Bank - 6 Month CD Account	1.01% to 0.75%	Feb 28, 2010
First Federal Bank of Florida - 6 Month CD Account	0.40% to 0.40%	Feb 26, 2010

See All CD Account Rates

Gainesville, FL CD Rates and Interest Income Investments

You have worked hard to save your money, now it’s time to make your money work hard for you. Investing your money is the easiest way to make your net worth grow, even while you sleep. Depending on the amount of funds you have to invest and your investment goals, you will want to research the different options carefully.

Get Best CD Rates

Gainesville Banking Rates can make that research easier. We will assess your individual needs to connect you with Gainesville banks and investment brokers providing the highest rates of return based on your financial goals.

Best CD Rates, IRAs and Investments in Gainesville

Gainesville 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.

Many local Gainesville credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Gainesville Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Gainesville, FL

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

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Recent CD Rates Articles from Go Banking Rates

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