Here at Peak Personal Finance, we know that many are struggling through these uncertain financial times and looking for ways to save money that aren’t too risky or unproven. Safe savings with guaranteed returns are to be found in certificates of deposit and finding the best CD rates is paramount to finding success with this type of savings. Many of you are SunTrust customers, so we thought a review of SunTrust Bank CD rates right be in order.

SunTrust has five CD rates offers which have a guaranteed, fixed rate of interest and are fully insured by the FDIC up to $250,000. These SunTrust CD rates require a $2,000 minimum opening deposit to maintain without fees and are for fixed terms from 10 months to 69 months.

For a ten month term, the annual percentage yield (APY) return is 0.50%. A special thirteen month CD requires a phone call or visit to a branch to get specific CD rates for, but today has best CD rates of 1.20% APY.

A 29 month term gives a 1.40% APY and a 49 month term gives a 2.00% APY. Best CD rates are on the 69 month term at 2.50% APY. All of these are also available as IRA CD options, so talk to a financial adviser if you wish to diversify your IRA savings into a certificate of deposit.

All SunTrust Bank certificate of deposit rates are subject to change, so if you see any SunTrust CD rates that appeal to you, lock yours in today.