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 Florence 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, Florence 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 Florence CD Rates News

03/09/10

LA wants to quit or alter two bank deals

Many municipalities have used swap deals in recent years to protect themselves from rising interest rates on floating-rate bonds. ...

03/09/10

Baltic Trading's IPO Raises $228 Million in Pricing at Low End

The ships will compete for cargoes in the spot market rather than seeking longer-term deals at fixed- charter rates, according to its filing. ...

 

Best Florence CD Account Rates

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

View Rate Details
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CD Account
Highest Rates Recent Rate Changes
Best Rates (APY)Bank / Credit UnionAccount Type
1.75%
As of February 8, 2010
View Rate Details S C I Credit Union CD Account
1.65%
As of February 23, 2010
View Rate Details Safe Credit Union South Carolina CD Account
1.50%
As of March 5, 2010
View Rate Details Nucor Employee's Credit Union CD Account
1.50%
As of February 28, 2010
View Rate Details Dixies Credit Union CD Account
1.25%
As of February 8, 2010
View Rate Details Palmetto First Credit Union CD Account
Bank / Account TypeRate ChangeDate
  Nucor Employee's Credit Union - 6 Month CD Account 1.50% to 1.50% Mar 5, 2010
  Dixies Credit Union - 6 Month CD Account 1.50% to 1.50% Feb 28, 2010
  Safe Credit Union South Carolina - 12 Month CD Account 1.75% to 1.65% Feb 23, 2010
  Mutual Savings Bank - Hartsville, South Carolina - 6 Month CD Account 0.35% to 0.25% Feb 8, 2010
  -   Palmetto First Credit Union - 6 Month CD Account     N/A to 1.25% Feb 8, 2010
 

Florence CD Rates and Interest Income Investments

As a reporter for the Times Daily you have plenty of stress involved with your job. Although journalism is the only career you ever imagined for yourself, the deadlines, pressure and risk of making mistakes is getting to be too much and fantasies of retirement are feeding your head like a stock ticker tape. Only by banking some of your income into tools with high investment rates will you have the money you need to kick back when the time arrives.

Best CD Rates

Florence Banking Rates makes the task of comparing financial tools easy as pie and by using us you can find information regarding a whole slew of investment options. From great money market rates, to high interest CDs to general information regarding economic trends, you can find it all.

Best CD Rates, IRAs and Investments in Florence

Florence 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 Florence 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. Florence Banking Rates has relationships with many banks to maximize the potential of finding the best rates.

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