Based on the latest information regarding Certificate of Deposit (CD) rates in Maryland, here are some of the best options for November 2024:

1. Amerant Bank

• Rate: 5.00% APY
• Term: 6-month CD
• Overview: Amerant offers one of the highest rates for a short-term CD, making it an attractive option.

2. Seattle Bank

• Rate: 4.30% APY
• Minimum Deposit: $1,000
• Overview: This bank provides competitive rates for their CDs, with a reasonable minimum investment.

3. FedChoice Federal Credit Union

• Rate: 4.65% APY (for an 18-month term)
• Minimum Deposit: $500
• Overview: Although this is slightly longer than your specified term, the rate is still favorable for a longer investment.

4. M C Bank & Trust Company

• Rate: 5.09% APY
• Overview: Currently offers one of the best overall rates, though it’s important to check specific availability in Maryland.

5. First Western Bank

• Rate: 5.05% APY
• Overview: Another strong option for CD rates, but details about terms and availability should be confirmed.

Additional Resources:

• Bankrate offers comprehensive comparisons of bank CD rates and can guide you further in finding the best option.
  • Best CD Rates of November 2024 - Bankrate
  • Best Cash Cow - Maryland CD Rates 2024

When choosing a CD, remember to consider factors such as early withdrawal penalties and the minimum deposit required to open an account. It's also advisable to contact the banks directly or visit their websites for the most current and detailed information before making a commitment.

Sources

Best CD Rates Of November 2024 - Up to 5.00% - BankrateBest CD Rates in Maryland, MD - November 3, 2024 - BestCashCow16 Best 18-Month CD Rates for November 2024: Up to 4.65%Best CD Rates of November 2024 - Up to 5.09% APY - MarketWatch16 Best 1-Year CD Rates for November 2024 (Up to 4.43%)CDs | MD Certificate of Deposit Rates | Point Breeze Credit UnionBest Jumbo CD Rates For November 2024 - Bankrate

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