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Bankrate CdPosted on February 25, 2010. Why Bankrate reports that the average year is a CD of 3.67%? they go up .67% during the summer, but all three banks that I deal with have remained the same and pay no more than 3% Many banks now need capital so they have been running specials on CDs. For example, in my area there are banks that offer 4% -4.40% for 6-7 months CDs.I'm not sure bankrate.com. But if I were you, I want a little more. There are better rates on the market. Make sure deposits are insured by the FDIC since the financial sector has gone through difficult times. They lie)))) CommentsThere are no comments.Leave a Comment | Newest My Friends |