Pittsburgh CD Rates vs. National CD Rates
If you’ve made a choice to start investing in Pittsburgh CD accounts, you’ve made a good decision. However, you might be confused as to why some people would prefer to search for certificates of deposit at a local level vs. a national lever. The reason is because often times, local banks and credit unions in Pittsburgh can offer you better rates than some of the bigger banks. This is not always true, but it can be if you search for local rates hard enough.
Local banks, known for their friendliness and customer service, often times do not have the heavy marketing costs associated with their local business. As such, they are able to offer better rates to customers, meaning you should be able to make much more.
No matter how you choose to bank however, consider the maximum yield of the CD account above all, including introductory APYs. Making the most out of your deposit should be your number one priority.
