Local CD Rates in Utah Leave Residents Dissapointed

Whenever we do our regular round-up of locally based bank and credit union CD rates coming from individual states, we’re always impressed at how depressingly low Utah’s are.

The top 12 month CD rate from a Utah based credit union, for example, is currently featuring yields of just half of what the top 12 month CD rates can provide nationally. This awkward trend of local rates (especially those from credit unions) lagging Read more…

Lock-in Top CD Rates with Transportation Alliance Bank

Transportation Alliance Bank, based out of Utah, is an FDIC insured bank which can accept deposits nationwide either online or over the phone. Their CD rates are currently providing some of the top annual percentage yields on the market and only come with a minimum deposit requirement of $1000.

Brief History of Transportation Alliance Bank:

A quick look into Transportation Alliance Bank’s history shows that operating as a bank may have been somewhat Read more…

Best CD Rates in Salt Lake City, Utah: Top 3

Below are the highest yielding CD (certificate of deposit) rates available to the residents of Salt Lake City, Utah. 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 Salt Lake City as well as Utah, 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 Read more…

Highest yielding money market account rates in Utah

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

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 in Read more…

Best CD rates in Utah: Top 3

Below are the highest yielding CD rates available to the residents of Utah. These come in the form of 13 month CDs, 48 month CDs, and 60 month CDs. After digging through dozens of rate pages by dozens of banks and credit unions serving the state of Utah, we found that in most cases you can receive more competitive rates offered by national institutions rather than local ones. (Compare CD rates).

Although the financial institutions we’ve listed below do the majority Read more…