Hot Springs Banking Rates > CD Rates

Hot Springs CD Rates and Interest Income Investments

After years of working as a licensed food vendor in Hot Springs, you have amassed a tidy sum of savings. Your biggest paychecks occur when you work the annual event circuit both in town and in neighboring villages.

The Big Barbecue Cook-off during spring and fall are your biggest money makers and after you reap the bounties of your work from those events, you always make sure to bank the profits in instruments that have the current high investment rates in town.

Your portfolio consists of a mix of interest bearing CDs and the built in diversity of a high rate bearing money market account. With that kitty of money to your name, you are able to live your life out of the box and enjoy everything Hot Springs has to offer.

Current Hot Springs CD Rates News

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Best Hot Springs CD Account Rates

Featured Rate		Bank / Credit Union	Account Type
2.05% As of February 8, 2010	View Rate Details	Discover Bank	CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)		Bank / Credit Union	Account Type
2.27% As of February 24, 2010	View Rate Details	Combined Health Care Credit Union	CD Account
2.25% As of November 5, 2009	View Rate Details	Summit Bank - Arkansas	CD Account
1.75% As of February 24, 2010	View Rate Details	Diamond Lakes Credit Union	CD Account
1.75% As of November 5, 2009	View Rate Details	Garland County Educators Credit Union	CD Account
1.50% As of January 12, 2010	View Rate Details	Hot Springs Credit Union	CD Account

Bank / Account Type		Rate Change	Date
	Diamond Lakes Credit Union - 6 Month CD Account	1.75% to 1.75%	Feb 24, 2010
	Combined Health Care Credit Union - 6 Month CD Account	2.27% to 2.27%	Feb 24, 2010
	Bank of Prescott - 6 Month CD Account	1.51% to 1.35%	Feb 15, 2010
-	Eagle Bank and Trust Company - 6 Month CD Account	N/A to 1.27%	Feb 8, 2010
-	Baptist Health Credit Union - 6 Month CD Account	N/A to 1.25%	Feb 8, 2010

See All CD Account Rates

Best CD Rates, IRAs and Investments in Hot Springs

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

CD Rates When Interest Rates are Falling in Hot Springs, AR

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 Hot Springs Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.