National averages on CDs fell in our latest survey. The current one-year CD rate is now paying a low 0.29 percent. But there are some institutions still paying better-than-average rates. Make sure to check for yields at credit unions and online banks. Use our research to quickly find CD rates in Mobile, AL, and open a CD today.
There’s no doubt that traditional CDs are safe investments. They are insured up to $250,000 per depositor by the FDIC at banks. At credit unions, the NCUA insures them up to the same amount. Make sure to shop thoroughly for CD rates in Mobile, AL, and in other areas of Alabama, to find the best rate.