N.C. has among nation's highest savings rates

Interest rates certainly aren't great, but if you're storing money at a North Carolina bank or credit union, you're doing better than most.

So says a new report from Go Banking Rates, which tracks rates paid on savings accounts and CDs around the country. It says that North Carolina's average rates are third highest in the nation on short-term rates, though the ranking drops as the terms get longer.

Here's the charts they pulled together:

Deposit Account National Averages
Account Type	Average Rate
6-Month CD	0.31% APY
1-Year CD	0.46% APY
2-Year CD	0.69% APY
Savings Account	0.21% APY

Average North Carolina Interest Rates
Account Type	Average Rate
6-Month CD	0.42% APY
1-Year CD	0.54% APY
2-Year CD	0.73% APY
Savings Account	0.29% APY

Why is this? Go Banking Rates posits that the state's high unemployment rate has spurred people to keep money in more liquid accounts, raising demand for short term CDs.