Highest CD Rates in Gulf Shores, AL: 24-Month Term
You may already be aware that certificates of deposit generally pay out higher interest rates than traditional savings accounts, but did you know that the longer the CD, the higher the rate? Financial institutions like customers to keep their money on deposit for as long as possible, so they’ll reward long-term account holders with better interest rates. That means if you’re looking for the best Gulf Shores CD rates, 24-month (2-year) CD accounts are sure to offer the highest rates.
Today’s 2-Year CD Rates in Gulf Shores
To get a better idea of what currently available, here’s a look at the highest, lowest and average 24-month CD rates in Gulf Shores right now:
Number of Accounts Available: 13
Highest Rate: 1.75% APY
Lowest Rate: 1.15% APY
Average Rate: 1.45% APY
Local Banks and Credit Unions with the Best 24-Month CD Rates
The following are the local Gulf Shores financial institutions that are currently offering the highest 24-month CD interest rates:
- Azalea City Credit Union: 1.75%
- New Horizons Credit Union - Mobile, Alabama: 1.61%
- Navigator Credit Union: 1.6%
- Shoreline Credit Union - Mobile, Alabama: 1.56%
- The Infirmary Credit Union: 1.55%
These rates are accurate as of 5/13/11 but are subject to change at any time. To view current 24-month CD rates, visit our Gulf Shores 2-Year CD Rates page.
