San Diego CD Rates Survey for the week July 16, 2012

Written by: Primerates Staff

According to a recent Primerates.com survey conducted on July 16, 2012 of San Diego CD rates offered by the area banks & credit unions, San Diego’s largest financial institutions offered short-term savers 6-month CD’s with rates between 0.05% at Wells Fargo (www.wellsfargo.com), and 0.30% at Bank of America (www.bankofamerica.com). Meanwhile, the highest 2-year and 5-year CDs were offered by Union Bank (www.unionbank.com), with rates of 0.50% and 1.50% respectively.

CD’s are typically insured up to $250,000 by the FDIC. As CD’s mature, banks typically re-price the rates on deposits. Make sure that you track when your CD’s mature so that you can roll them over into new CD’s and keep your money working as hard as possible.

 

Banks 6 month 1 year 2 year 3 year 4 year 5 year
Wells Fargo 0.05% 0.05% NA NA NA NA
Bank of America 0.30% 0.35% 0.40% 0.60% 0.85% 1.00%
Union Bank 0.20% 0.30% 0.50% 0.60% 1.01% 1.50%
JPMorgan Chase 0.15% 0.20% 0.30% 0.35% 0.35% 0.75%
U.S. Bank 0.05% 0.10% 0.40% 0.55% 0.80% 1.15%
Citibank 0.15% 0.25% 0.30% 0.50% 0.75% 1.01%
Comerica Bank 0.10% 0.15% 0.30% 0.40% 0.65% 0.90%
Pacific Trust Bank 0.20% 0.30% 0.50% 0.65% 0.90% 1.20%

 

Rates from banks, thrifts and credit union were posted on their websites on the date indicated for a $10,000 certificates of deposit meeting the specific holding requirement. Data is believed accurate at time of collection, can change without notice, and will vary. Contact a specific institution for current rates.


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San Diego CD Rates Survey for the week July 16,...

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