OKLAHOMA CITY, Okla_ Go Banking Rates continues its "Best
Rates in Every State" series by focusing on interest rates offered by local
banks and credit unions in Oklahoma. The interest rate aggregating website
compared Oklahoma's average rates on savings accounts, 6-month CDs, 1-year CDs
and 2-year CDs against national averages, and ranked the state against the rest
of the U.S. for each deposit product.
According to the rankings compiled by Go Banking Rates, using its database of
interest rates from more than 4,000 U.S. banks and credit unions, average
deposit account interest rates in Oklahoma are significantly higher than the
national average in all categories:
Account Type: National Average Rate; Oklahoma Average
Rate
- 6-Month CD: 0.31% APY; 0.47% APY
- 1-Year CD: 0.46% APY; 0.64% APY
- 2-Year CD: 0.69% APY; 0.86% APY
- Savings Account: 0.21% APY; 0.34% APY
Additionally, Oklahoma interest rates rank first when compared to the rest of
the U.S. in every category except for 2-year CD rates (which still rank highly
at #5):
- 6-Month CD: 1st
- 1-Year CD: 1st
- 2-Year CD: 5th
- Savings Account: 1st
While average interest rates in Oklahoma exceed the national average overall,
individuals interested in earning the highest deposit rates can review the
study's top 10 institutions for each rate category.
To see the full report, click
here.
About Go Banking Rates
GoBankingRates.com is a national personal finance website dedicated to
connecting readers with the best interest rates on bank products nationwide. The
Go Banking Rates team manually collects interest rate information from over
4,000 banks and credit unions, making their database the only source of
comprehensive and authentic local rate data.
GoBankingRates.com is the national flagship site within a network of more
than 1,500 banking domains, including local partner site OklahomaBankingRates.com, which
generate more than 2 million visits each month. Oklahoma Banking Rates is a
locally-focused website dedicated to connecting Oklahoma readers with the best
interest rates in the state on Certificates of Deposit, Savings Accounts, Auto
Loans, Mortgages and more.
For questions or comments, or to speak with a Go Banking Rates editor,
please contact:
Jaime Catmull, Director of Public Relations
www.GoBankingRates.com |
www.OklahomaBankingRates.com
JaimeC@GoBankingRates.com
310.297.9233
x261