Lock in High Returns Today: Alliance Bank CD Rates Compared & Explained

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Lock in High Returns Today: Alliance Bank CD Rates Compared & Explained

Earning a decent return on your savings can feel impossible in today's economic climate. According to the Federal Deposit Insurance Corporation (FDIC), the national average interest rate for a one-year certificate of deposit (CD) is a meager 0.24% [FDIC national interest rates]. This means your money might not even keep pace with inflation!

Here at Alliance Bank, we understand the importance of growing your hard-earned cash. That's why we offer a variety of Alliance Bank CD rates that are significantly higher than the national average. See for yourself in the tables below that compare our rates against the national average for various CD terms.

Alliance Bank CD Rates vs. National Average

Term	Alliance Bank CD Rate	National Average Rate
12 Months	1.95% APY	0.24% APY
24 Months	1.84% APY	0.10% APY
36 Months	1.96% APY	0.12% APY

Source: FDIC national interest rates, July 2024.

As you can see, Alliance Bank CD rates offer a significant advantage over the national average. This means more money back for you when your CD matures!

High-Yield Options for Every Savings Goal

Alliance Bank offers a range of CD terms to perfectly match your savings goals. Whether you're saving for a dream vacation, a child's education, or a secure retirement, we have a CD option for you. Take a look at our different CD terms and rates in the table below:

Term	Minimum Deposit	Alliance Bank CD Rate
12 Months	$500	1.84% APY
18 Months	$500	Not Offered
24 Months	$1,000	1.84% APY
36 Months	$1,000	1.95% APY
48 Months	$1,000	1.84% APY

Please note: Rates effective as of July 17, 2024.

Success Stories: Putting Alliance Bank CD Rates to Work

Many of our customers have achieved their financial goals thanks to the competitive Alliance Bank CD rates. Here's what a few of them have to say:

"Since opening a CD with Alliance Bank, I've finally been able to save for a down payment on my dream home. The competitive rates and flexible terms made it so much easier!" - Sarah M., Customer since 2022.
"Alliance Bank CDs have been a safe and reliable way for me to grow my retirement savings. The peace of mind I get knowing my money is FDIC-insured is invaluable." - John L., Customer since 2019.

Don't Wait! Secure Your High-Yield CD Today

Alliance Bank CD rates are a smart way to watch your savings grow. With rates significantly higher than the national average and a variety of terms to choose from, there's a CD option that's perfect for you. Don't miss out on this opportunity to lock in a great return on your investment. Visit your local Alliance Bank branch or contact us today to open your CD and start earning more on your money!