Some institutions – like credit unions and online banks – are offering some good deals on CDs. But you’ll need to do some shopping around in order to find them. The average one-year CD rate dropped to 0.3 percent in our latest survey. You can use our research to find the best CD rates in Baltimore, MD, and in other areas of Maryland.
Look for the FDIC to insure your CD at banks. The NCUA insures your money at a credit union. But don’t forget to compare all aspects of a CD before you purchase. That means taking a look at APY, fees and minimum deposit amounts. Use our survey to find CD rates in Baltimore, MD.