Best 18-Month CD Rates in Alabama, AL

You are viewing rates from banks across Alabama

Below are eighteen-month Certificates of Deposit (CD) rates from banks in 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.

AL - November 27, 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%
Banesco USA	3.90%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 0.50% → 4.50% → 4.30% → 4.20% → 3.90%
Dkplan \| Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More Reviews (8)
Capital One, National Association	3.80%	$0	-	Learn More
Rate History: 4.50% → 4.45% → 4.25% → 3.90% → 3.80%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (14)
Bank Independent	3.02%	$1,000	-	Learn More Add Review
Rate History: 4.02% → 4.51% → 4.01% → 2.51% → 3.02%
USAA Federal Savings Bank	2.80%	$1,000	-	Learn More
Rate History: 5.25% → 4.65% → 4.20% → 4.05% → 2.80%
RYAN S \| Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More Reviews (2)
Citibank, National Association	2.45%	$0	-	Learn More
Rate History: 2.50% → 2.00% → 3.75% → 2.45%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (11)
JPMorgan Chase Bank, National Association	2.00%	$10,000	-	Learn More
Rate History: 3.00% → 2.50% → 2.00%
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (18)
Hingham Institution for Savings	1.75%	$1,000	-	Learn More Add Review
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
TD Bank, National Association	1.00%	$10,000	-	Learn More
Rate History: 4.50% → 1.00% → 4.00% → 1.00%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
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
Investar Bank, National Association	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
South State Bank, National Association	0.50%	$500	-	Learn More
Justice \| Jul 22, 2021 This is a criminal lender and the worst bank. They merged with CenterState Bank.. They have made our lives miserable with a wrongful, fraudulent foreclosure. We will be starting a Website with all of the ... Read More Reviews (2)
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
KeyBank National Association	0.05%	$10,000	-	Learn More
Rate History: 4.75% → 0.01% → 0.05%
Seeko \| Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More Reviews (2)
U.S. Bank National Association	0.05%	$500	-	Learn More
Ugg \| Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More Reviews (2)
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)
Bank of America, National Association	0.03%	$100,000	-	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (7)

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

See rates for Online Banks →

See rates for Credit Unions →

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

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.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.

Use or Change these Amounts And Rates

Cash Savings

Product:

Average Rate:

Best Rate:

Years at Rate:

Tax Rate:

CD Products by State

CD Products by City in Alabama

CD Resources

Download a Free eBook

Bank On It:
The No Risk Way To Boost Your Savings

Download

BestCashCow
Guide To Credit Card Travel Rewards

Download

65 Questions to Ask before Choosing a CD

Download

The Insider's Guide
to
Mortgages

Download

Plan and Optimize Your Finances

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:

SAVINGS & CD CALCULATOR

CD Products by State

CD Products by City in Alabama

Download a Free eBook