Welcome to our comprehensive guide, designed explicitly for Delaware (DE) residents, known as “The First State” for its rich history. This guide aims to help you grow your money through informed decision-making about your savings and investment options. Although small, Delaware boasts an array of banks, credit unions, and online platforms that offer competitive savings and investment products. We’ll be highlighting the best certificate of deposit interest rates, bringing you up-to-date with the current interest rates for savings accounts, and examining the top money market savings rates available. Furthermore, we’ll investigate the fixed annuity rates to help you secure your financial future. Our detailed analysis and emphasis on the most favorable interest rates make your path to increased wealth and financial security more apparent than ever. Let’s get started on this financial exploration together!
The Best CD Rates in Delaware:
CDs, or Certificates of Deposit, are a popular investment option for those who want a guaranteed return on their money. In Delaware, many financial institutions are offering competitive CD rates.
3-Month CD Rates
Banks and credit unions have the highest CD rates for three months.
| Best 3-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Ponce Bank | 5.30% APY | 3 Months | $1.00 |
| Oklahoma State Bank | 5.35% APY | 3 Months | $1.00 |
| Western Alliance Bank | 5.21% APY | 3 Months | $1.00 |
6-Month CD Rates
The following banks and credit unions have the highest CD rates for six months.
| Best 6-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Western Alliance Bank | 5.41% APY | 6 Months | $1.00 |
| Oklahoma State Bank | 5.40% APY | 6 Months | $1.00 |
| Generations Bank | 5.41% APY | 6 Months | $1.00 |
1-Year CD Rates
The following banks and credit unions have the highest CD rates for 12 months.
| Best 12-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Western Alliance Bank | 5.51% APY | 12 Months | $1.00 |
| Bread Savings | 5.60% APY | 12 Months | $1,500.00 |
| Connexus Credit Union | 5.50% APY | 12 Months | $1.00 |
2-Year CD Rates
Banks and credit unions have the highest CD rates for 24 months.
| Best 2-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Connexus Credit Union | 4.95% APY | 24 Months | $1.00 |
| Idabel National Bank | 4.90% APY | 24 Months | $1.00 |
| Bread Savings | 5.15% APY | 24 Months | $1,500.00 |
3-Year CD Rates
Banks and credit unions have the highest CD rates for 36 months.
| Best 3-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Valley Bank | 5.60% APY | 36 Months | $500.00 |
| Bread Savings | 4.85% APY | 36 Months | $1,500.00 |
| The State Exchange Bank | 4.70% APY | 36 Months | $1.00 |
4-Year CD Rates
The following banks and credit unions have the highest CD rates for 48 months.
| Best 4-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.65% APY | 48 Months | $1,500.00 |
| The State Exchange Bank | 4.50% APY | 48 Months | $1.00 |
| Barclays | 4.45% APY | 48 Months | $0.00 |
5-Year CD Rates
Banks and credit unions have the highest CD rates for 60 months.
| Best 5-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.65% APY | 60 Months | $1,500.00 |
| Barclays | 4.50% APY | 60 Months | $0.00 |
| The State Exchange Bank | 4.35% APY | 60 Months | $1.00 |
The Best Fixed Annuity Rates in Delaware:
Fixed annuities are another popular investment option for those looking for a guaranteed return on their money. In Delaware, many financial institutions are offering competitive fixed annuity rates. Here are some of the best options available:
Disclaimer: Products are subject to state availability. Please inquire below for details.
Next Steps
In conclusion, investing your hard-earned money can be a challenging task. Achieving financial stability isn’t easy, but it can be possible with the help of suitable investment options. To those considering saving for their future in Delaware, we’ve researched the top CD and fixed annuity rates, so you don’t have to. Whether you’re looking for a short-term or long-term option that meets your goals and provides an excellent rate of return on investment, you can trust us to get you there.
If you’re ready to plunge into financial investing, contact us today for a quote! Doing so will put you one step closer to investing in your future and alleviate some of the stress of finding the right option. With our help, you can confidently make sound investments and protect your peace of mind for years.
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