Naperville, IL (PRWEB) October 21, 2009
SelectCDrates.com recently released their weekly survey of the best bank certificates of deposit rates. The survey ranks the top ten best bank CD rates for six month CD rates, one year CD rates, two year CD rates and five year CD rates.
Today, selectCDrates.com listed the best six month CD rate at a bank not covered by most all other web sites or print publications.
The best six month CD rate available nationally, according to selctcdrates.com comes from Atlantic Coast Bank. Atlantic Coast Bank offers a six month CD rate with a yield of 2.25%. Other services that cover bank rates list Ascencia, a division of PBI Bank, as the bank leader with the highest six month term CD.
According to selectCDrates.com, Ascencia is now the second best six month CD rate falling behind the CD interest rate promoted by Atlantic Coast Bank. The spread between these two top bank CD offers is significant to bank CD investors and savers in general. Ascencia offers a rate at 1.76% while Atlantic Coast Bank offers the same term with an interest rate of 2.25%. The average for the best six month CD rates available nationally stood at only 1.68%. While the average for all bank CD rates falls well below that figure.
Only selectCDrates.com covers enough depth in bank rate analysis to uncover these hidden yields to improve the rate of return of their readers. While other services are more concerned about paid advertising, selectCDrates.com offers objective data without paid placement of bank rates and product promotions.
SelectCDrates.com continually provides the best coverage of bank CD rates available nationally as well as by state and region. SelectCDrates.com provides bank rate data to help consumers quickly find the best bank rates to fit their needs. The bank CD rates surveyed and published include the highest California CD Rates, Texas CD rates and more.
SelectCDrates.com is the leading industry tool for selecting the best CD rates. SelectCDrates.com achieves the goal of publishing the best rate information by searching for the highest bank rates with web crawlers, telephone surveys and local market research. The staff of SelectCDrates.com provides current statistics on economics news that impacts the bank and credit markets as well as in depth articles on bank products and services.
SelectRates Media, Inc. of Naperville Illinois owns and operates http://www.selectCDrates.com. along with http://www.selectcalculators.com, http://www.selectautorates.com and http://www.bestcreditcardrates.com. SelectRates Media operates these websites to provide consumer interest rate content including bank rates, credit card rates, mortgage rates and auto loan rates to help consumers make informed personal finance choices.