You can still find some better-than-average CD rates in Indianapolis, IN. The national average one-year CD rate is currently at 0.3 percent. But several credit unions and online banks are offering better yields. You’ll just have to do some shopping around in order to find them.
CDs are safe investments. They are insured up to $250,000 per depositor. But they aren’t the most liquid vehicles. Most institutions will hit you with a stiff penalty for withdrawing your money before the maturity date. Use our research to find CD rates in Indianapolis, IN, and in other areas of Indiana.