Best 18-Month CD Rates in Homewood, Alabama, AL

You are viewing rates from banks across Homewood

Below are eighteen-month Certificates of Deposit (CD) rates from banks in Homewood, Alabama . Eighteen Month CDs offer a bit more yield than 1 year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

Homewood, AL - December 22, 2024

18 Month CD National Average : 0.58% ^?

Banks	APY	MIN	MILES ^?
EvaBank	5.13%	$1,000	-	Learn More Add Review
Farmers and Merchants Bank	4.22%	$1,000	-	Learn More Add Review
Rate History: 4.00% → 4.16% → 4.62% → 4.22%
Bank Independent	3.02%	$1,000	-	Learn More Add Review
Rate History: 4.02% → 4.51% → 4.01% → 2.51% → 3.02%
The Hometown Bank of Alabama	1.00%	$10,000	-	Learn More
OldCrone \| Mar 16, 2023 The branch manager is unavailable and doesnt care what goes on as long as he is not bothered. The tellers are rude and referr to customers who ask for help as " special needs customers". Read More Reviews (1)
The Citizens Bank	1.00%	$10,000	-	Learn More Add Review
22nd State Bank	0.85%	$10,000	-	Learn More Add Review
FirstState Bank	0.76%	$500	-	Learn More Add Review
Millennial Bank	0.75%	$10,000	-	Learn More Add Review
Metro Bank	0.75%	$10,000	-	Learn More Add Review
Liberty Bank	0.75%	$10,000	-	Learn More Add Review
Alamerica Bank	0.71%	$10,000	-	Learn More Add Review
ServisFirst Bank	0.71%	$10,000	-	Learn More Add Review
NobleBank & Trust	0.70%	$10,000	-	Learn More
kdm0030 \| Jan 13, 2023 Disappointed! Wellsfargo is not great but better than Noble. Read More Reviews (1)
First Southern State Bank	0.65%	$10,000	-	Learn More Add Review
Citizens Bank & Trust	0.65%	$10,000	-	Learn More Add Review
First State Bank of DeKalb County	0.60%	$10,000	-	Learn More Add Review
First Federal Bank, A FSB	0.60%	$500	-	Learn More Add Review
First Jackson Bank, Inc.	0.60%	$1,000	-	Learn More Add Review
Citizens Bank & Trust, Inc.	0.60%	$500	-	Learn More Add Review
The Southern Bank Company	0.55%	$10,000	-	Learn More Add Review
Central State Bank	0.55%	$10,000	-	Learn More
Bob Kuehner \| Apr 23, 2020 If you're not with Central State Bank and you're in business... why the heck not? I've been with CSB since 2007. In that time they've provided top tier service and a down home feel. My most recent exper... Read More Reviews (1)
The Commercial Bank Of Ozark	0.53%	$10,000	-	Learn More Add Review
First Bank of Boaz	0.50%	$10,000	-	Learn More Add Review
The Samson Banking Company, Inc.	0.50%	$10,000	-	Learn More Add Review
Merchants & Marine Bank	0.50%	$10,000	-	Learn More Add Review
SouthPoint Bank	0.50%	$10,000	-	Learn More Add Review
Pinnacle Bank	0.50%	$10,000	-	Learn More Add Review
PeoplesSouth Bank	0.45%	$10,000	-	Learn More Add Review
Robertson Banking Company	0.45%	$10,000	-	Learn More Add Review
Trustmark National Bank	0.45%	$10,000	-	Learn More
trbf15 \| Nov 4, 2020 Transfer cds to checking. Trustmark Madison ok, Not, 6 figures deposit lost for 6 days they say due to scanner error. Then when we go to branch office mgr. all huffy tht error upset because of their mist... Read More Reviews (1)
CCB Community Bank	0.45%	$500	-	Learn More Add Review
HNB First Bank	0.45%	$10,000	-	Learn More Add Review
First Fidelity Bank	0.45%	$10,000	-	Learn More Add Review
Liberty Bank and Trust Company	0.43%	$10,000	-	Learn More Add Review
First Community Bank of Cullman	0.40%	$500	-	Learn More Add Review
First Southern Bank	0.40%	$10,000	-	Learn More Add Review
Southern States Bank	0.40%	$10,000	-	Learn More Add Review
First Community Bank of Central Alabama	0.40%	$10,000	-	Learn More Add Review
MidSouth Bank	0.40%	$10,000	-	Learn More
Chadpatt \| Jun 14, 2021 I have banked with Midsouth for 4 years. I deposited a check that was for $6,000. I explained at the time of the deposit that I needed the mo ur available for my sons surgery that was in a few days. They t... Read More Reviews (1)
AmeriFirst Bank	0.35%	$10,000	-	Learn More Add Review
CB&S Bank, Inc.	0.35%	$10,000	-	Learn More
Terry \| Jun 7, 2018 Fabulous bank Read More Reviews (1)
Peoples Bank of Alabama	0.35%	$10,000	-	Learn More Add Review
Community Spirit Bank	0.35%	$10,000	-	Learn More Add Review
Renasant Bank	0.35%	$10,000	-	Learn More
rand \| Mar 25, 2019 CDs shown are not offered in Knoxville area Read More Reviews (1)
Armed Forces Bank, National Association	0.35%	$10,000	-	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
FirstBank	0.35%	$10,000	-	Learn More Add Review
Metro City Bank	0.33%	$1,000	-	Learn More
thedon \| Mar 29, 2020 have been waiting 8 weeks - yes 8 weeks for a closing date from this bank ..... they keep giving flimsy excuses requesting insignificant and unnecessary paperwork from us ( the seller ) the buyers who know... Read More Reviews (1)
First Bank of Alabama	0.31%	$10,000	-	Learn More Add Review
The First, A National Banking Association	0.30%	$10,000	-	Learn More Add Review
Citizens Trust Bank	0.30%	$10,000	-	Learn More Add Review
Commonwealth National Bank	0.30%	$10,000	-	Learn More Add Review
First National Bank of Pulaski	0.30%	$10,000	-	Learn More
Tim, In Pulaski TN \| Aug 10, 2022 1st National Bank of Tennessee is not, in my opinion, a mobile friendly bank. Be aware that they do not have a 1-800 number on their cards. So, if it happens to be a weekend and you're out of town trying... Read More Reviews (1)
AuburnBank	0.30%	$500	-	Learn More Add Review
Bryant Bank	0.30%	$100,000	-	Learn More Add Review
First Cahawba Bank	0.30%	$10,000	-	Learn More Add Review
BankFirst Financial Services	0.25%	$10,000	-	Learn More Add Review
Sweet Water State Bank	0.25%	$10,000	-	Learn More Add Review
Oakworth Capital Bank	0.25%	$10,000	-	Learn More Add Review
The First National Bank of Hartford	0.25%	$10,000	-	Learn More Add Review
Century Bank	0.25%	$10,000	-	Learn More Add Review
Centennial Bank	0.20%	$10,000	-	Learn More
Asj \| Nov 15, 2020 Do they? Read More Reviews (1)
Bryant Bank	0.20%	$10,000	-	Learn More Add Review
Community Bank of Mississippi	0.20%	$10,000	-	Learn More Add Review
Ameris Bank	0.20%	$10,000	-	Learn More
COLETTE B \| May 30, 2022 I HAVE TO AGREE WITH THE OTHER REVIEWERS. THIS BANK HAS THE WORST CUSTOMER SERVICE OF ALL TIME. I HAD NO CHOICE BUT TO GO HERE... IF THERE'S ANY WAY YOU CAN AVOID, IT IS HIGHLY RECOMMENDED. LET ME GIVE ... Read More Reviews (4)
Phenix-Girard Bank	0.17%	$10,000	-	Learn More
username \| Nov 5, 2021 only if you are a customer Read More Reviews (5)
Citizens' Bank, Inc.	0.15%	$1,000	-	Learn More Add Review
Bank of Brewton	0.15%	$10,000	-	Learn More Add Review
Synovus Bank	0.15%	$10,000	-	Learn More
deb \| Jun 11, 2015 Synovus no longer offers this rate as of 5/8/2015---I called and asked Read More Reviews (1)
Troy Bank & Trust Company	0.11%	$10,000	-	Learn More Add Review
Friend Bank	0.10%	$10,000	-	Learn More Add Review
Regions Bank	0.03% 0.01%	$2,501 $2,500	-	Learn More Add Review
PNC Bank, National Association	0.03%	$25,000	-	Learn More
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

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PRODUCT INFORMATION

18 Month CDs - Branch Banks 2024

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
A fixed rate during the 18 month period.
FDIC insurance.
Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

Rates are generally lower than on the top online savings and CD accounts.
Money is tied up for 18 months. Removing it early results in significant penalties.
Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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Homewood, Alabama CD Rates – 18-Month

PRODUCT INFORMATION

18 Month CDs - Branch Banks 2024

The advantages of an eighteen month CD are:

The disadvantages of an eighteen month branch CDs are:

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