The Sanibel Captiva Bank CD rates are at the moment the best brief term investments in the country. This is not also significantly a surprise considering that they are located in Florida, which has the greatest concentration of retirees in the nation.
Companies make a living of providing what their target or core audience desires. Retirees need a safe investment that creates some earnings although nonetheless not getting locked away for a extended period of time. This is the benefit of investing in brief term CDs. At Sanibel Captiva Community Bank, they know this.
The present CD prices from Sanibel contain a 3 month CD that is earning an APY of .95%. The six to 18 month CD is earning an APY of 1.00%. These are the ideal return on investments in the nation for this protected and secure style of investment.
Quick term investments are perfect of the retirement community because they are earning interest and permit access to the principal inside a short time span if the income is necessary. This is also a fantastic instance of how a community bank fills the demands of those that use their facility greater than the national banks. Currently, Chase CD rates for the 6 month CD is at .25%. This is only 1/4th the return on investment of the Sanibel Captiva Bank and their CD prices.
There are two items in frequent among these two financial institutions. At each establishments, the deposits are protected by the FDIC and the minimum deposits are set at $ 1,000. The minimum deposit if fixed so that non significant buyers do not enter and the organizing the bank has created does not go for a toss.
The Sanibel Captiva Bank CD prices are the very best short term investments in the nation so far in 2011. These rates were posted on January 20, 2011, but are subject to change without having notice.
We strive to bring you the most recent and most precise data possible from the home sites of the monetary institutions we name. Constantly don’t forget, the bigger the danger, the larger the reward or loss. Invest with caution.
Author publishes articles often regarding investment and economic subjects. To help you comprehend much more about Citibank CD Prices,ideal bank rates, greatest cd rates USA, PNC CD Rates, highest cd prices, Chase CD Rates, from Author pay a check out to — http://bestcdratesinformation.typepad.com
Source: New feed