Rhode Island CD Rates and Interest Income Investments

Newport is home to some of the most magnificent mansions in the United States. It was the seaside playground for many of America’s wealthiest families, like the Vanderbilts and the Morgans. If you invest your money wisely, maybe someday you’ll be as rich as they are. Start by investing in certificates of deposit. Rhode Island Banking Rates could help you find the best CD rates out there.

Best CD Rates

If you’re like most people, you work hard, coming home at 7 or even later. Rhode Island Banking Rates could spare you the boring search for the best CD rates so that you can relax when you get home. Best of all, we do it for free.

Current Rhode Island CD Rates News

03/09/10

Baltic Trading's IPO Raises $228 Million in Pricing at Low End

The ships will compete for cargoes in the spot market rather than seeking longer-term deals at fixed- charter rates, according to its filing. ...

03/09/10

Strike up 'Pomp and Circumstance': Graduation rate takes 3 percent jump

State and city officials attributed the rise in graduation rates to better programming for students to keep them engaged in the classroom, ...

 

Best Rhode Island 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
2.05%
As of February 15, 2010
View Rate Details Providence Postal Credit Union CD Account
2.00%
As of February 23, 2010
View Rate Details Greenwood Credit Union CD Account
2.00%
As of February 15, 2010
View Rate Details Alliance Blackstone Valley Credit Union CD Account
2.00%
As of November 24, 2009
View Rate Details Cranston Municipal Employees Credit Union CD Account
2.00%
As of October 22, 2009
View Rate Details Coastway Credit Union CD Account
Bank / Account TypeRate ChangeDate
  Pawtucket Credit Union - 2 Year CD Account 2.05% to 1.75% Mar 5, 2010
  Newport Federal Savings Bank - 6 Month CD Account 0.65% to 0.65% Mar 5, 2010
  Newport Federal Savings Bank - 12 Month CD Account 1.01% to 1.01% Mar 5, 2010
  Newport Federal Savings Bank - 2 Year CD Account 1.25% to 1.50% Mar 5, 2010
  Pawtucket Credit Union - 6 Month CD Account 1.00% to 1.00% Mar 5, 2010
 

Best CD Rates, IRAs and Investments in Rhode Island

Rhode Island 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 Rhode Island 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. Rhode Island Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

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