A majority of institutions throughout the country are posting only dismal yields for the conscientious investor, but there are still some better-than-average rates out there. If you're shopping for CD rates in Auburn-Phenix City, AL, use our research to find the best CD rates in your area of Alabama.
Certificates of deposit are insured by the FDIC up to $250,000 per depositor, but if you're worried about the risk of rate hikes, you might want to consider building a CD ladder. A CD ladder provides liquidity and can hedge the risk of future rate hikes. Search for decent CD rates in Auburn-Phenix City, AL, and in cities across the nation.
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