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Investors Face Disappointing Rates for Short-Term Savings Investments.

By Mary-Beth McLaughlin, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News

Oct. 22--In today's low-interest rate climate, local investors looking to make at least some money when they invest $1,000 for the short-term have several options.

A nonscientific survey of smaller banks, credit unions, and brokerages in the area found rates on short-term certificates of deposit averaging about 1.4 percent. Other choices for investors can produce higher returns but at higher risk.

"All the rates are terrible from the savings standpoint. From

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