San Diego CD Rates Survey for the week March 5, 2012

Written by: PrimeRateNews Staff

San Diego CD Rates Survey for the week March 5, 2012

According to a recent Primerates.com survey conducted on March 5, 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 between rates of 0.05% at Wells Fargo (www.wellsfargo.com), and 0.30% at Bank of America (www.bankofamerica.com). In the meantime, Union Bank (www.unionbank.com) is offering the highest 2-year and 5-year CD rates, with 0.50% CD and 1.50% CD 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% 1.10%
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 March 5,...

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