Banks and Credit Unions with Highest 12-Month CD Rates in Ocala, FL: April 2011

If you’re in search of the best 12-month CD rates available today, you should begin by comparing the rates from local financial institutions near you. Generally, community-oriented banks and credit unions are in a better position to offer more competitive interest rates on deposit accounts.

Ocala Banking Rates makes it easy to locate the best 12-month CD rates in Ocala because we compile interest rates from financial institutions withing a 50-mile radius of the city, providing you with the most current rates information possible. Below, you’ll find a breakdown of the rates from banks and credit unions in and around Ocala that are offering 1-year CDs.

Average 1 Year CD Rates in Ocala

There are currently 11 one-year CD accounts available in the city that Ocala Banking Rates collects rates data from–the average rate among them is 0.68% APY.

Here’s how individual bank and credit unions’ rates stack up against each other:

Banks & Credit Unions with the Highest One Year CD Rates

• Florida Citizens Bank: 1.05%
• First Green Bank: 1%
• Vystar Credit Union: 0.96%

Lowest Ocala 12-Month CD Rates

• Martin Credit Union: 0.05%
• Campus Usa Credit Union: 0.2%
• Independent National Bank: 0.4%

So what can you do with this information? As a general rule, you can compare a CD rate offer against the Ocala average to gauge how competitive it is. Rates that are around the same as the average or higher are considered good for your area.

Please note these rates are accurate as of the publish date but are subject to change at any time. You can see up-to-date rates information for 6, 12 and 24 month certificates of deposit by visiting the Ocala CD Rates page.