Best 12-Month CD Rates in Virginia this August
Summer is just about over and autumn is growing closer, which means it’s a good time to look at current Virginia CD rates. The end of the year is coming up and that’s when budgets tend to suffer the most. You can combat a similar year-end experience by saving for holidays and festivities ahead of time.
It’s a bit late to start now, so hopefully, you have been following a savings plan this year. Of course, there’s no reason why you can’t get a jump start on next year. The best strategy you can use to prepare for upcoming expenses is getting the highest possible rate on your account, and a long-term savings vehicle like a 12-month CD in state] is the perfect option. You can see a list of the highest interest rates in Virginia for a 12-month CD today below. So don’t delay–get started now while these rates are still available.
Top 12-Month CD Rates in Virginia
There are a number of CD accounts available in Virginia, but only a handful will provide interest rates that get you to your savings goals. You can get a 12-month CD with the highest rates in Virginia from the following local banks and credit unions.
- Goodyear-Danville Family Credit Uni Credit Union: 1.76%
- Mosaic Credit Union: 1.51%
- Hew Credit Union: 1.15%
- Norfolk Credit Union: 1.06%
- Virginia Heritage Bank: 1.05%
Please note these rates are accurate as of August 22, 2011, but are subject to change at any time. Further, you may be subject to additional terms and requirements. Please check with individual financial institutions to verify rates before opening an account.
