Types of Investment Income

The most difficult, and important, decision to make when investing your hard-earned money is which type of investment account should you choose. Certificate of deposits mature at a fixed rate on a fixed length of time, so you know what you’re getting up front. Mutual Funds may give a higher return, but are risky because they rely on the success of the stock market and the choices of the firm doing the investing on your behalf. Be sure to do your research on Evansville Banking Rates before you decide.

Common types of investment income accounts:

  • Certificate of Deposits (CDs)

  • IRAs
  • Savings Bonds
  • Stock and Mutual Funds
  • Money Market Accounts (MMAs)

No matter what type of investment you decide to make, or even if you’re just seeking more information to help you make the right decision, Evansville Banking Rates can help make that decision easier.

Submit your information today to learn more and see available rates for CD rates and investments.

Current Evansville CD Rates News

03/10/10

US banks' loan losses will drag into 2011 -Moody's

Moody's latest report on the US banking sector maintains the credit rating agency's forecast that the banks it rates are facing $536 billion of loan ...

03/09/10

OTS lifts order on First Marblehead's bank unit

First Marblehead Corp. said Tuesday the Office of Thrift Supervision lifted a cease and desist order that forced its banking subsidiary to stop originating ...

 

Best Evansville CD Account Rates

Featured RateBank / Credit UnionAccount Type
2.05%
As of February 8, 2010

View Rate Details
Discover Bank
Discover Bank
CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)Bank / Credit UnionAccount Type
2.05%
As of October 22, 2009
View Rate Details Peoples Trust and Savings Bank India CD Account
2.00%
As of February 8, 2010
View Rate Details Integra Bank National Association CD Account
1.90%
As of February 15, 2010
View Rate Details Labor Management Credit Union CD Account
1.31%
As of February 8, 2010
View Rate Details Evansville Credit Union CD Account
1.26%
As of February 26, 2010
View Rate Details Dynamic Healthcare Employees Credit Union CD Account
Bank / Account TypeRate ChangeDate
  Green River Area Credit Union - 6 Month CD Account 1.00% to 1.00% Mar 3, 2010
  First National Bank of Muhlenberg County, Kentucky - 6 Month CD Account 0.90% to 0.75% Mar 2, 2010
  Commonwealth Community Bank, Inc. - 6 Month CD Account 0.90% to 0.75% Mar 1, 2010
  Dynamic Healthcare Employees Credit Union - 6 Month CD Account 1.26% to 1.26% Feb 26, 2010
  The Lynnville National Bank - 6 Month CD Account 0.60% to 0.60% Feb 25, 2010
 

Evansville CD Rates and Interest Income Investments

After years of working the system, you finally landed a full-time bartender position on the Casino Azta riverboat casino. The money is great, the hours work with your circadian rhythms and you even find you have some money left over after paying your bills. You know from working in a gambling environment that the only way to ensure a return on your hard earned cash is not a couple of rounds at the black jack table, but investing your money into accounts with high investment rates.

Best CD Rates

Investment opportunities come in all shapes and sizes and should be decided based on your personal preferrence. More conservative investors may be happy with a moderate rate of return off of the current CD rates available because of the security that investment provides. For more information explore Evansville Banking Rates.

Best CD Rates, IRAs and Investments in Evansville

Evansville Banking Rates want to help you earn money, save money and put yourself in the best position for your own financial situation. If you have a savings account that you do not need for the rest of this year, it may be a good idea to invest into a 6-12 month CD and take advantage of the higher interest rates. You can earn up to 1% or more in a CD versus a savings account with a $5000 CD over 10 years; that can be over $500-$1000 more in interest payments with the higher CD rate.

Many local Evansville credit unions offer competitive CD rates, money market accounts and IRAs, as do the larger national banks. If you want to get the highest interest rates, be sure to thoroughly research banks with the best offers before you make your decision. Evansville Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

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