Kentucky Banking Rates

Why just put your money in any Kentucky bank account when you could actually earn money while saving? There are so many options today, you can have your pick of the best bank accounts and rates. While shopping around for the account that best suits your needs, it’s important that you consider a few key factors, including: Interest rates, banking fees and minimum deposit amounts.

Now that we’re in a new month, it’s a good time to take a look at current interest rates in Kentucky.

Kentucky Banking Rates has compiled a list of the best interest rates in the city for savings accounts and certificates of deposit. Find out if your accounts measure up or if it’s time to open a new one with a better rate.

CD rates in have remained relatively steady over the past month, but there has been some movement. For anyone searching for the best CD rates today, below is a list of the top offers from banks and credit unions in , Kentucky:

Highest 6-Month CD Rates

• Bank of Lexington, Inc.: 1.85%
• Springfield State Bank: 1.78%
• Bluegrass Community Bank: 1.76%

• Bluegrass Community Bank: 2.27%
• The Cecilian Bank: 2.25%
• Bluegrass Community Credit Union: 2.17%

• The Lincoln National Bank of Hodgenville: 2.8%
• Bluegrass Community Bank: 2.63%
• King Southern Bank: 2.5%

If you live in the state of Kentucky and are thinking about opening a 2 Year CD account, there are certain account characteristics you’ll need to consider before choosing the best account for you. Things like the minimum balance required and term length of your CD are important, but the interest rate you’ll earn is at the top of the list.

Longer term lengths generally yield higher CD rates, which is why a 24-month CD is a great investment option. That doesn’t necessarily mean every 2 year CD rate is good, however. Kentucky Banking Rates can help familiarize you with the rates available in state and find the rates that are truly competitive for the area.

If youre visiting Kentuckys Cumberland Falls and want to make the Bluegrass State your home, or your family has lived here for generations, Kentucky Banking Rates wants to help you realize your financial goals. We will do the digging and searching to find you the best rate to meet your needs. Some rates include:

Kentucky Banking Rates will provide you with the information and tools you need to make a sound decision with your finances. Our trusted network of financial advisers wants to share their knowledge with you. We want you to feel secure in your financial options.

Before you open an account, dont forget to get your free credit report.

Kentucky Banking Rates works with Credit Card companies who spend a great deal of money to help protect against anyone trying to steal your credit card. Credit Card Fraud is unfortunately a wide-spread problem, and the best companies continue to improve their security to protect you. As they continue to work hard with our customers and the credit bureaus to prevent and reduce credit card fraud and save money, the lower credit card rates for consumers will go. Be sure to protect your identity and monitor your credit card activity to prevent identity theft, and catch it early in the event that it happens to you.

One of the best ways to grow your savings in \{City/State\}, beyond getting the best interest rates from your bank, is to set-up an automatic savings plan. You can work with your bank to automatically take any amount from a checking account or a pay check that is direct deposited or from other accounts and add to your savings account each month. This way, you know your savings account is growing every month no matter what with the automatic amount plus the interest payments from your bank based on the bank rate.