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Georgia Savings Account Rates Rank 15th in the Country, According to GoBankingRates.com Report
New www.GoBankingRates.com report investigates interest rates in Georgia and finds that while the state ranks 15th overall for savings account rates, they fall below the national average for 6-month and 2-year CD rates.
“The results uncover a balance of sorts among Georgia CD rates and savings account rates,” shares Jennifer Calonia, the study’s chief reporter. “Georgia’s 0.24% APY savings rate average helped the state rank 15th in the nation and above the national average for savings account rates; on the other hand, its CD rates were far less impressive with 6-month CDs and 2-year CDs falling below national averages.”
The Go Banking Rates’ report also names the top 10 financial institutions for savings accounts, 6-month, 1-year and 2-year CDs to help Georgia residents locate the best banks and credit unions in the state. Furthermore, the investigation contains information on which local banks and Georgia credit unions offer yield rates higher than 1%.
To see the full report, click here: http://www.gobankingrates.com/
The next installment of Go Banking Rates’ “Best Interest Rates in Every State” series will assess rate data from the state of North Carolina, and is scheduled to launch on Thursday, January 17, 2013 on GoBankingRates.com.
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 GeorgiaBankingRates.com, which generate more than 2 million visits each month. Georgia Banking Rates is a locally-focused website dedicated to connecting Georgia readers with the best interest rates in the state on Certificates of Deposits, Savings Accounts, Auto Loans, Mortgages and more.
For questions or comments, please contact:
Jaime Catmull, Director of Public Relations
www.GoBankingRates.com | www.GeorgiaBankingRates.com