Indianapolis, IN CD Rates and Interest Income Investments

You have worked hard to save your money, now it’s time to make your money work hard for you. Investing your money is the easiest way to make your net worth grow, even while you sleep. Depending on the amount of funds you have to invest and your investment goals, you will want to research the different options carefully.

Get Best CD Rates

Indianapolis Banking Rates can make that research easier. We will assess your individual needs to connect you with Indianapolis banks and investment brokers providing the highest rates of return based on your financial goals.

Current Indianapolis CD Rates News

03/09/10

Fed tells Florida bank to raise capital or find buyer

Within 30 days, Horizon Bank also must submit an acceptable plan and timetable to the Federal Reserve Bank of Atlanta for conforming interest rates paid on ...

03/09/10

OTS lifts order on First Marblehead's bank unit

Private student loans aren't guaranteed by the government and carry higher interest rates. As the recession worsened, more customers have fallen behind ...

 

Best Indianapolis CD Account Rates

Featured RateBank / Credit UnionAccount Type
2.05%
As of February 8, 2010

View Rate Details
Discover Bank
Discover Bank
CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)Bank / Credit UnionAccount Type
1.90%
As of October 22, 2009
View Rate Details Tri-County Bank CD Account
1.30%
As of February 8, 2010
View Rate Details Northpark Community Credit Union CD Account
1.25%
As of February 23, 2010
View Rate Details Community Bank India CD Account
1.25%
As of February 8, 2010
View Rate Details Horizon One Credit Union CD Account
1.25%
As of February 8, 2010
View Rate Details The National Bank of Indianapolis CD Account
Bank / Account TypeRate ChangeDate
  Link Credit Union - 6 Month CD Account 0.23% to 0.50% Mar 4, 2010
  Lampco Credit Union - 6 Month CD Account 0.80% to 0.80% Mar 4, 2010
  Lafayette Savings Bank, FSB - 6 Month CD Account 1.15% to 1.05% Mar 4, 2010
  Kokomo Heritage Credit Union - 6 Month CD Account 1.00% to 0.75% Mar 4, 2010
  Hoosier Heartland State Bank - 6 Month CD Account 1.00% to 1.00% Mar 4, 2010
 

Best CD Rates, IRAs and Investments in Indianapolis

Indianapolis Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Indianapolis credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Indianapolis Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

CD Rates When Interest Rates are Falling in Indianapolis, IN

A clear advantage of investing in CD’s is that CD Rates are fixed, meaning you lock in an interest rate for the entire term of the CD, and it does not change. When interest rates are dropping, your CD stays at a higher rate. If you money is in a savings account, or interest paying checking account, your interest rate will drop daily, if rate are falling. Learn from Indianapolis Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.

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Serving the Following Indianapolis Zip Codes:

Terre HauteSouth BendKokomo
Fort WayneAndersonCarmel
Evansville
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