The Best Deposit Account Rates in South Dakota as of April 14, 2011

Too often people put money into an account and don’t think much of it until there’s a problem. However, if you’re serious about saving money, you should spend a little time looking into deposit account interest rates at banks and credit unions near you. Not only will researching nearby offers turn up great savings and CD rates–usually, better than the national average–a local institution will ensure your financial goals are met.

If you’re determined to start or add to your nest egg, begin the process by checking local South Dakota rates. You work hard for your money, so why not make your money work for you, too?

South Dakota Banking Rates has compiled the best deposit account rates in the state. Check this list to compare the best savings and CD accounts in your area.

Highest Deposit Account Interest Rates in South Dakota

Savings accounts are the most basic and essential deposit account you can own. That’s why finding the best rate is so crucial. Below are the top savings rates in South Dakota today:

• Hb Telco Credit Union: 0.65%
• Rushmore Electric Credit Union: 0.5%
• Healthcare Plus Credit Union: 0.45%

Certificates of deposit allow you to earn a higher interest rate than a traditional savings account because you agree to keep your money on deposit for a set amount of time. South Dakota Banking Rates has found the top CD rate for various term lengths in the state:

Best South Dakota 6-Month CD Rates

Andes State Bank: 1.1%

Highest South Dakota 12-Month CD Interest Rates

Andes State Bank: 1.3%

Top 24-Month CD Rates in South Dakota

Bell Credit Union - Sioux Falls, South Dakota: 1.61%

 

Please note that these rates are accurate as of the publish date but are subject to change at any time. There may also be additional terms like balance requirements or fees that must be met in order to earn the above rates.