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North Carolina Ranks Third in Nation for Highest 6-Month CD Rates and Savings Account Rates

GoBankingRates.com’s recent installment of its “Best Interest Rates in Every State” series investigates how North Carolina interest rates are fairing compared to the national average, finding that North Carolina rates beat the national average.

North Carolina Savings Account Rates
PRLog - Jan. 22, 2013 - EL SEGUNDO, Calif. -- www.GoBankingRates.com, the Web’s leading local interest rate aggregating resource, releases its latest report for their“Best Interest Rates in Every State” series. The report compares North Carolina interest rates against average U.S. deposit rates today, in an effort to direct consumers to the highest yield rates in their area. Findings from the report reveal that North Carolina ranks third in the nation for highest 6-Month CD Rates and savings account rates, and exceeds the national average for 1-year and 2-year CD rates.

Overall, North Carolina interest rates exceeds national average interest rates in all banking categories analyzed in the Go Banking Rates study including 6-month CD rates, 1-year CD rates, 2-year CD rates and savings account rates.

North Carolina deposit rates are as follows: 6-month CD rates (0.42% APY), 1-year CD rates (0.54% APY), 2-year CD rates (0.73% APY) and savings account rates (0.29% APY). Comparatively, national deposit rate averages fell below North Carolina rates at 0.31% APY, 0.46% APY, 0.69% APY and 0.21% APY, respectively.

The Go Banking Rates report identifies the top financial institutions offering the best interest rates on CD and savings account products in the state and reveals the main branch locations of the local North Carolina banks and credit unions featured in the report.

To see the full report, click here. (http://www.gobankingrates.com/savings-account/best-intere...)

About Go Banking Rates

GoBankingRates.com is a national personal finance website dedicated to connecting readers with the best interest rates on bank products nationwide. The Go Banking Rates team manually collects interest rate information from over 4,000 banks and credit unions, making their database the only source of comprehensive and authentic local rate data.

GoBankingRates.com is the national flagship site within a network of more than 1,500 banking domains, including local partner site NorthCarolinaBankingRates.com, which generate more than 2 million visits each month. North Carolina Banking Rates is a locally-focused website dedicated to connecting North Carolina readers with the best interest rates in the state on Certificates of Deposits, Savings Accounts, Auto Loans, Mortgages and more.

For questions or comments, or to schedule an interview with a Go Banking Rates editor, please contact:

Jaime Catmull, Director of Public Relations
www.GoBankingRates.com | www.NorthCarolinaBankingRates.com
310.297.9233 x261

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Source:Go Banking Rates
Location:El Segundo - California - United States
Tags:savings accounts, savings rates, cd rates, north carolina, bank rates
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