Best CD Rates in San Diego, CA: Top 3

October 7th, 2009 Posted in bank CD rates

Below are the highest yielding CD (certificate of deposit) rates available to the residents of San Diego, California. The institutions we will cover all include the following cities in Southern California: Coronado, National City, Chula Vista, La Jolla, El Cajon, Santee, Lemon Grove, Winter Garden, and Imperial Beach. These come in the form of 6 month CDs, 12 month CDs and 24 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving the city of San Diego as well as southern California, we found that for the most part, you will be able to receive slightly better rates with national institutions than with local ones.

Keep in mind interest rates are time-sensitive in nature, so you will want to refer to the date of this article for accuracy. To get the most CD current rates from national banks, compare CD rates nationwide.

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best 6 month CD rates in San Diego, CA:

Hanmi Bank has a six month CD yielding 1.86% APY with a minimum deposit of $1,000 required.
First Bank (San Diego branch) has a 6 month CD as well as a 9 month CD yielding 1.65% APY with a minimum deposit of $1,000 required.
La Jolla Bank FSB has a 6 month CD yielding 1.65% APY with a minimum deposit of $10,000 required.

Best 12 month CD rates in San Diego, CA:

Metro United Bank has a 12 month CD yielding 2.0% APY with a minimum deposit of $5,000 required.
Pacific Trust Bank (San Diego branch) has a 13 month promotional CD yielding 2.0% APY with a minimum deposit of $5,000 required.
San Diego National Bank out of La Jolla has a 12 month CD yielding 2.0% APY with a minimum deposit of $1,000 required.

Best 24 month CD rates in San Diego, CA:

Hudson City Bank has a 24 month CD yielding 2.50% APY with a minimum deposit of $5,000 required. This is a national institution and can accept deposits from any state.
La Jolla Bank has a 24 month CD yielding 2.30% APY with a minimum deposit of $10,000 required.
Imperial Capital Bank has a 24 month CD yielding 2.26% APY with a minimum deposit of $2,000 required.

All of the above institutions are federally insured by either the FDIC or NCUA. If you live in the city of San Diego, CA and know of a better interest rate offered through your local bank or credit union, please share by leaving a comment.

This entry was posted on Wednesday, October 7th, 2009 at 12:14 pm and is filed under bank CD rates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Best CD Rates in San Diego, CA: Top 3”

Lynsey Consalvo Says:

February 26th, 2010 at 9:39 am

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