Top CD Rates in Kansas City: First Week of January, 2011
The start of the New Year is a great time to get your savings in order. A certificate of deposit account can help you do that by requiring you to leave your money untouched for a given period of time, while earning a higher rate than your average savings account.
Locating the best CD rates in Kansas City can be difficult, so we have taken the time to sort through our large database of banks and credit unions to provide you with the financial institution(s) offering the most competitive rates. Take a look and maximize your savings!
Top Kansas City CD Rates
Currently, the average 6 month CD rate in Kansas City is 0.66%, while 12 month CDs are 0.97% and 24 month CDs average 1.31%. Look for financial institutions offering rates that exceed these averages to decide where the best CD rates are.
Kansas City Banks and Credit Unions with Top CD Rates
So where should you start your search for the best CD rates? The following are the local banks and credit unions with the highest rates in all of Kansas City:
Highest CD Rates in Kansas City – 6 Month CD
Out of all the banks and credit unions in Kansas City, Viking Savings Bank has the highest 6 month CD rate by far at 0.90% APY.
Best Kansas City CD Rates – 12 Month CD
Competitive 1-year CD rates are a bit harder to find, but luckily First Financial Bank in Winnebago is presently offering the highest rate in Kansas City at 1.10% APY.
Highest Kansas City CD Rates – 24 Month CD
The financial institution with the best 24-month CD rate in Kansas City right now is First Commercial Bank. They’re currently offering 1.55% APY.
Saving money is important, but so is finding an account that will help grow your savings with a great interest rate. CD rates vary greatly by term and financial institution, so know that Kansas City Banking Rates will always have current rates information to help you nail down the best CD account for you.
Take a look at our Kansas City bank directory if you’d like contact information for any of the above banks, as well additional financial institutions in your area.