Best Lubbock, TX Bank Account Rates – April 11, 2011
With so many banking account options today, you can have your pick of the best available rates in Lubbock. Smart investors ensure that their bank account works for them, earning interest while they save. If you currently have money in a savings account, ask yourself, “Is this bank earning me the right amount of interest?”
If not, shopping around for the best rate is easy with Lubbock Banking Rates. Using our comprehensive database, Lubbock Banking Rates is able to bring you a list of the most competitive rates in TX from local banks and credit unions. We do all of the hard work so you don’t have to.
Average Lubbock, TX Certificate of Deposit Rates
Currently, among the 1 6-month CD accounts available, the average 6 month CD rate is 0.75% APY, while out of 1 12 month CDs the average is 1% APY and 24 month CDs average 1.26% APY with 1 accounts available. Look for financial institutions offering rates that exceed these averages to decide where the best CD rates are.
Best 6-Month CD Rate
Plains Capital Bank: 0.75% APYHighest 12-Month CD Rate
Plains Capital Bank: 1% APY
Top 24-Month CD Rate
Plains Capital Bank: 1.26% APY
Top Savings Interest Rates in Lubbock, TX
When it comes to saving money, your bank account’s interest rate is one of the most important things to consider. The average savings rate in TX is currently 0.56% APY, but banks and credit unions near you are offering better rates.
Below is a list of the current top savings rates in Lubbock, TX
- Lubbock Teachers Credit Union: 1.01%
- Plains Capital Bank: 0.1%
