Plenty of 5 Year CD’s in South Carolina Yielding Above 2.0% APY

It’s been a downright free fall to our current sub-two-percent levels on 5 year CD’s this year. However, in our most recent survey of CD rates in South Carolina we found a number of local institutions still keeping their heads above the 2.0% APY mark.

This time last year, 5 year deposits were still pumping out 3.0% returns if you knew where to look, but Ben Bernanke’s announcement of long term bond Read more…

6 month CD promotion yielding twice the national average

We were forwarded a 6 month jumbo CD offer from a credit union out of South Carolina called Premier Federal Credit Union which comes with an interest rate that demolishes the current national average for six month CDs. Currently, with a minimum deposit of $50,000, you can lock in a six month promotional CD yielding 1.30% APY. To put this offer in perspective, the national average for these products sits at Read more…

South Carolina money market accounts. Who offers the best rates?

Below are the highest yielding money market account rates serving citizens of the state of South Carolina.

If you are strictly after the best interest rate then you have a variety of options that will provide you with similar yields. The question you need to ask yourself is, “what type of minimum balance can I keep?” Most money market accounts provide a given interest rate based on a certain account balance. The more money you are able to keep Read more…

15 month CD “special” rate through Enterprise Bank of South Carolina

Enterprise Bank of South Carolina has two pretty substantial offers on their promotional CD (certificate of deposit) products.

As of August 10, 2009, Enterprise Bank is offering a 15 month promotional CD yielding 2.50% APY as well as a 27 month promotional CD yielding 3.25% APY. The national average for 12 month CDs sits at roughly 1.70% APY and the national average for 24 month CDs sits at roughly 2.05% APY (to put these promotional products in perspective).

Surprisingly enough they do Read more…

27 month CD yielding 3.75% APY: Enterprise Bank of South Carolina

Here is a pretty sweet savings rate for anyone on the hunt for 2 year CD’s in the southeast. Currently Enterprise Bank of South Carolina has a promotional 27month certificate of deposit which is yielding 3.75% APY with a minimum deposit of $500. We recently noted this as one of the best CD rates in South Carolina.

After visiting their rates page, we noticed that their rates, in general, haven’t been updated since January of 2009 and the disclaimer on this Read more…