Short-term interest rates are low throughout the country. The average national 6-month CD rate is currently at 0.14 percent. That makes it important to shop thoroughly for the highest CD rates in Durham, NC.
CDs are insured up to $250,000 per depositor by the Federal Deposit Insurance Corp. (FDIC), making them a safe place to stash your cash in North Carolina. At credit unions, they are insured up to the same amount by the National Credit Union Association (NCUA).
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