It seems like deposit rates are just getting worse and worse, which makes finding a competitive Eugene CD rate seem near impossible. Luckily, there are still banks and credit unions in the area that are offering great CD rates if you know where to find them. 
Compare the Best Local Rates
Eugene 2 Year CD
With over 16 financial institutions in Eugene OR alone, it's not always an easy task to locate the most competitive offers available near you. Eugene Banking Rates is a comprehensive resource for finding the best interest rates in your area, including the highest CD rates. The average 2 year CD rate in Eugene OR is currently 0.87%, including rates from a total of 8 accounts. Below is an up-to-date list of the top five 24 month CD rates in your area.
Banks and Credit Unions with the Best Two-Year CD Rates in Eugene OR- Food Industries Credit Union: 1.1%
- Central Willamette Community Credit Union: 1.1%
- Oregonians Credit Union: 1.01%
- Register Guard Employees Credit Union: 0.9%
- Northwest Community Credit Union Oregon: 0.85%
For more information regarding the above banks and rates, or to view the best CD rates for additional term lengths, visit Eugene OR CD Rates.
The month of August is just about over, which means Eugene CD rates will likely change up as banks and credit unions adjust their interest rates going into September. Getting the best CD rates isn’t usually an easy task in today’s economy, but Eugene Banking Rates exists to help you pinpoint the best offers right away.
Since CD Rates in Eugene fluctuate on a regular basis, it’s essential you stay up-to-date on what banks and credit unions near you are offering. Even if you’re not planning to open a new account, you should ensure the one you do have is still providing a competitive interest rate by researching current rates in your city consistently.
Having a solid understanding of the interest rates available from banks and credit unions near you is very important if you expect to hold high-earning accounts. Eugene Banking Rates has compiled a list of the average CD rates in Eugene by term, so you can gauge the competitiveness of your own accounts or have a benchmark for comparison if you are interested in opening a new CD.
As the second quarter of 2011 comes close to an end, it presents a perfect chance to take another look at how CD rates are doing right now. We recently examined Eugene CD rates for 6 and 12 month terms in the month of June, so let’s do the same for 24-month (2-year) CD rates as well.
You may already be aware that certificates of deposit generally pay out higher interest rates than traditional savings accounts, but did you know that the longer the CD, the higher the rate? Financial institutions like customers to keep their money on deposit for as long as possible, so they’ll reward long-term account holders with better interest rates. That means if you’re looking for the best Eugene CD rates, 24-month (2-year) CD accounts are sure to offer the highest rates.
When you think about your financial future, do you think long term or short term? Do you look ahead to retirement or wonder how you’re going to make rent next week?
Instead of thinking about one of those two extremes, why not look ahead a year or two? You can achieve a lot with a smart investment–like a 24-month CD. Buying a new car, putting a down payment on a house, those are the big financial dreams that can be yours.
If you live in Eugene, OR and are interested in opening a 2 Year CD account, there are a few factors you’ll need to examine 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 offered is likely your top concern.
