Certificates of deposit are popular among investors because they tend to offer higher interest rates than traditional savings accounts. However, not all CD rates are competitive with other deposit accounts.
Don’t worry if you don’t know how to find the best CD rates. Jacksonville Banking Rates exists to bring you current CD rates information from our huge database of banks and credit unions so locating the most competitive CD rates in Jacksonville is easy. 
| Featured Rate | Bank / Credit Union | Account Type | |
|---|---|---|---|
|
1.10%
As of May 14, 2012
|
 |
CIT Bank
|
CD Account |
|
1.09%
As of May 15, 2012
|
|
Ally Bank
|
CD Account |
| Highest Rates Recent Rate Changes | |||
| Best Rates (APY) | Bank / Credit Union | Account Type | |
|
1.01%
As of May 10, 2012
|
View Rate Details | EverBank | CD Account |
|
1.01%
As of May 9, 2012
|
View Rate Details | Community First Of Flo Credit Union | CD Account |
|
1.01%
As of May 1, 2012
|
View Rate Details | J. M. Associates Credit Union | CD Account |
|
0.96%
As of April 25, 2012
|
View Rate Details | Vystar Credit Union | CD Account |
|
0.90%
As of May 9, 2012
|
View Rate Details | Publix Employees Credit Union | CD Account |
|
0.81%
As of April 26, 2012
|
View Rate Details | Healthcare's Cooperative Credit Union | CD Account |
| Bank / Account Type | Rate Change | Date | |
|---|---|---|---|
| EverBank - 12 Month CD Account | 0.70% to 0.75% | May 10, 2012 | |
| Publix Employees Credit Union - 2 Year CD Account | 0.95% to 0.90% | May 9, 2012 | |
Jacksonville CD interest rates are a bargain at the moment compared to Florida state averages. There are a number of top banks and credit unions in and near the city offering great certificate of deposit yields that are really helping rates go higher.
See the best Jacksonville CD accounts from the list below.
A certificate of deposit account is a virtually risk free investment, although it may not be the best money making initiative, which is why you need to locate the highest CD rates in Jacksonville in order to grow your money. Rates have increased slightly approaching December in comparison to the week prior. Take advantage of the information we have provided, find and compare the best rates, and use it to maximize your savings.
There are a lot of factors that go into choosing the best certificate of deposit account, especially the interest rate. Whether you’re in search of a short-term six month CD, or are willing to commit to a longer investment period of one or two years in order to earn a higher rate, CD interest rates vary by location and financial institution. That’s why finding an account with the highest CD rate that also meets your savings needs and goals is crucial to making a wise investment.
Clean, sunny beaches, lots of tourist attractions, and friendly residents make Jacksonville one of the top U.S. cities to live in. It is the most populous city in Florida and 12th in the United States.
With such a vibrant population, there are plenty of banks and credit unions to serve Jacksonville residents. One way to start saving money is by opening a Certificate of Deposit.
In Jacksonville, Florida, there are many options for investing in your future. One of the safest investments is a Certificate of Deposit, or CD.
What is a CD and why do I want one?
A CD is a savings account with a fixed term that usually lasts anywhere from as short as 6 months to as long as 10 years.
The financial market has gone through lots of changes in the past few years. One example is the interest rates on Certificate of Deposits. Before the financial collapse, CDs were offered with Jacksonville interest rates as high as 5 percent.
Since 2008, it’s been difficult to find rates above 2.5 percent. CDs were a great option when those interest rates were hitting their peak. So are they still worthwhile?
You may have just begun your career at CSX Corporation or another of Jacksonville’s three Fortune 500 companies, but it’s never too early to start planning for your retirement. How you invest will be a crucial part of that planning. Before you begin, check in with Jacksonville Banking Rates. We could help you find the IRA rates, CD rates and money market rates you want.
Jacksonville 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.
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 Jacksonville Banking Rate partners if rates are falling or rising, and make the right choice to earn more money.
