Rate constants for radiative decay, radiationless decay, and intersystem crossing are reported for a series of excited states formed by reaction of cyanoanthracene acceptors with alkylbenzenes as donors in several solvents of moderate to low polarity. The excited states have widely varying degrees of charge transfer, from essentially pure electron transfer states to pure locally excited states. The data illustrate the fundamental factors that control the contrasting relative efficiencies of radiative and radiationless processes in electron transfer compared to locally excited states. The radiationless decay rate constants can be described quantitatively as a function of the extent of charge transfer using weighted contributions from a locally excited decay mechanism and a pure electron-transfer type mechanism. The factors that control the rate constants for radiationless decay in excited states with intermediate charge-transfer character are discussed.