It’s rough out there for savers. The Fed is keeping rates low until the unemployment rate falls to 6.5 percent. Fortunately, there are still some better-than-average yields in California. You can shop for the best CD rates in Lake Tahoe, CA, with our research.
CDs are safe investments. They are insured up to $250,000 per depositor per bank. Of course, they aren’t very liquid. If you try to withdraw your money before the maturity date, you’ll most likely get hit with a stiff penalty. But that should be incentive to keep your hands out of the cookie jar while your interest grows. Use our research to find the highest CD rates in Lake Tahoe, CA.