CD rates have moved pretty far south, but don't get too discouraged. CD rates in Minneapolis, MN, actually jumped up a bit this week. Some institutions are still posting yields well above the national average to attract deposits. If you're looking to keep your investment close to home, look for better-than-average CD rates in your area of Minnesota.
Yields may have shown some promise this week, but it's still vital to shop diligently for the best CD rates around. Certificates of deposit are low-risk investments backed by the FDIC, but consider a CD ladder to take advantage of higher yields that may show up in the future. To find CD rates in Minneapolis, MN, check out research from Bankrate.com.
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