Best 2-Year CD Rates in Arkansas, AR

You are viewing rates from banks across Arkansas

Below are two-year Certificates of Deposit (CD) rates from banks in Arkansas. Two-year CDs generally offer a higher rate than 1-year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

AR - November 14, 2024

2 Year CD National Average : 0.66% ^?

Banks	APY	MIN	MILES ^?
Seattle Bank	4.05%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 4.75% → 4.75% → 4.40% → 4.30% → 4.05%
Rob H. \| Nov 21, 2023 A real pain in the *** process to try and get approved! They were unable to match my drivers license photo with my live image after several times trying! Went to limelight bank instead and got approved in ... Read More Reviews (2)
Bank of Whittier, National Association	3.87%	$1,000	-	Learn More Add Review
Banesco USA	3.75%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 0.55% → 0.50% → 3.80% → 3.75%
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)
Citizens	3.75%	$5,000	-	Learn More
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (1)
Capital One, National Association	3.70%	$0	-	Learn More
Rate History: 4.40% → 4.30% → 4.20% → 4.00% → 3.70%
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)
Arvest Bank	3.55% 3.49%	$95,000 $10,000	-	Learn More Add Review
Rate History: 4.63% → 4.30% → 3.55%
Gateway First Bank	3.35%	$500	-	Learn More
JohnC \| Oct 11, 2020 You probably thought - as did I - that you were looking at a site that belongs to and was the responsibility of Gateway First. After all it includes their headings, selected financial statements, many pag... Read More Reviews (3)
Blue Foundry Bank	3.25%	$1,000	-	Learn More Add Review
Rate History: 3.50% → 3.25%
Intrust Bank, National Association	3.00%	$500	-	Learn More Add Review
Rate History: 4.25% → 4.00% → 3.50% → 3.00%
Bank of Little Rock	2.78%	$500	-	Learn More Add Review
USAA Federal Savings Bank	2.60%	$1,000	-	Learn More
Rate History: 5.00% → 4.40% → 4.00% → 3.85% → 2.60%
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	2.00%	$0	-	Learn More
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
BOKF, National Association	1.55%	$100,000	-	Learn More
Rate History: 3.05% → 1.55%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Bodcaw Bank	1.36%	$10,000	-	Learn More Add Review
Commerce Community Bank	1.30%	$1,000	-	Learn More Add Review
Bank of England	1.25%	$10,000	-	Learn More Add Review
Texana Bank, National Association	1.15%	$10,000	-	Learn More
Steve \| Mar 19, 2021 ... Read More Reviews (2)
Gateway Bank	1.12%	$10,000	-	Learn More Add Review
First State Bank of DeQueen	1.00%	$10,000	-	Learn More Add Review
First Financial Bank	1.00%	$10,000	-	Learn More Add Review
Merchants and Farmers Bank	1.00%	$100,000	-	Learn More Add Review
Riverside Bank	1.00%	$10,000	-	Learn More Add Review
Signature Bank of Arkansas	1.00%	$10,000	-	Learn More
diane@dianemahan.com \| Oct 23, 2017 How o purchases the special 10% CD rate? Read More Reviews (1)
TD Bank, National Association	1.00%	$10,000	-	Learn More
Rate History: 4.00% → 1.00% → 4.00% → 1.00%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Signature Bank of Arkansas	0.95%	$10,000	-	Learn More
diane@dianemahan.com \| Oct 23, 2017 How o purchases the special 10% CD rate? Read More Reviews (1)
RiverBank	0.90%	$10,000	-	Learn More Add Review
Armstrong Bank	0.90%	$100,000	-	Learn More
Jennifer King \| Aug 1, 2019 Who is the owner now this day. Read More Reviews (1)
Legacy National Bank	0.90%	$10,000	-	Learn More Add Review
Commercial Bank & Trust Company	0.80%	$10,000	-	Learn More Add Review
Bank of Lake Village	0.80%	$10,000	-	Learn More Add Review
Stone Bank	0.80%	$10,000	-	Learn More Add Review
Grand Savings Bank	0.80%	$500	-	Learn More Add Review
United Bank	0.75%	$10,000	-	Learn More Add Review
Farmers Bank & Trust Company	0.75%	$10,000	-	Learn More Add Review
Equity Bank	0.75%	$1,000	-	Learn More Add Review
Southern Bank	0.75%	$100,000	-	Learn More Add Review
First State Bank	0.75%	$10,000	-	Learn More Add Review
The Peoples Bank	0.75%	$10,000	-	Learn More
Marsha Sarkela \| Mar 2, 2021 This is NOT CORRECT. Read More Reviews (2)
Merchants and Farmers Bank	0.75%	$500	-	Learn More Add Review
Fidelity Bank	0.75%	$10,000	-	Learn More Add Review
Bank of Salem	0.75%	$10,000	-	Learn More Add Review
Merchants & Planters' Bank	0.75%	$10,000	-	Learn More Add Review
Firstar Bank	0.75%	$100,000	-	Learn More Add Review
Bank of Cave City	0.75%	$10,000	-	Learn More Add Review
Commercial National Bank of Texarkana	0.75%	$10,000	-	Learn More Add Review
Focus Bank	0.70%	$10,000	-	Learn More Add Review
Armstrong Bank	0.70%	$10,000	-	Learn More
Jennifer King \| Aug 1, 2019 Who is the owner now this day. Read More Reviews (1)
First Security Bank	0.70%	$10,000	-	Learn More
Landcdale@gmail.com \| May 3, 2023 Do you cash ee saving bonds Read More Reviews (1)
Southern Bank	0.70%	$10,000	-	Learn More Add Review
First Financial Bank	0.70%	$10,000	-	Learn More Add Review
Cross County Bank	0.70%	$100,000	-	Learn More Add Review
Cross County Bank	0.65%	$10,000	-	Learn More Add Review
First Arkansas Bank and Trust	0.65%	$500	-	Learn More
Jane Voshell \| Aug 4, 2023 Our Mastercard was transferred to this bank 10 yrs ago. One account--two cards. Fraud on EACH card began occurring in April 2023. Their fraud group cancelled each compromised card and issued new ones each... Read More Reviews (1)
Connect Bank	0.65%	$10,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.65%	$100,000	-	Learn More Add Review
First National Bank of North Arkansas	0.60%	$10,000	-	Learn More Add Review
Union Bank & Trust Company	0.60%	$10,000	-	Learn More Add Review
Firstar Bank	0.60%	$1,000	-	Learn More Add Review
First National Bank of Eastern Arkansas	0.60%	$100,000	-	Learn More Add Review
FBT Bank & Mortgage	0.60%	$10,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.60%	$10,000	-	Learn More Add Review
Anstaff Bank	0.55%	$10,000	-	Learn More
Farmer Jay \| Sep 14, 2023 My wife and I wanted to purchase a tractor for 25000.00. The equipment company sent us to Anstaff Bank for financing and instructed us to speak with Bailey Booperhamer. When we walked in, he immediately sa... Read More Reviews (3)
Generations Bank	0.55%	$1,000	-	Learn More Add Review
First National Bank	0.55%	$1,000	-	Learn More
Jeflofgren \| May 4, 2021 Very knowledgeable people Read More Reviews (1)
The Farmers & Merchants Bank	0.55%	$100,000	-	Learn More Add Review
Today's Bank	0.55%	$10,000	-	Learn More Add Review
Relyance Bank, National Association	0.50%	$100,000	-	Learn More Add Review
Partners Bank	0.50%	$10,000	-	Learn More Add Review
First Western Bank	0.50%	$10,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.50%	$10,000	-	Learn More Add Review
First National Bank of Eastern Arkansas	0.50%	$10,000	-	Learn More Add Review
FNBC Bank	0.50%	$500	-	Learn More Add Review
The Union Bank of Mena	0.50%	$10,000	-	Learn More Add Review
Armor Bank	0.50%	$10,000	-	Learn More Add Review
Smackover State Bank	0.50%	$10,000	-	Learn More Add Review
Chambers Bank	0.50%	$10,000	-	Learn More
Lindsy \| Nov 6, 2016 Chambers Bank is the best bank by far! The branch in Mena still has the small town friendly atmosphere. Quick service and they know you by name. Read More Reviews (1)
Priority Bank	0.50%	$10,000	-	Learn More
SR \| Dec 2, 2020 Only gave it one star because we had to. We were referred to Priority Bank by Rausch and Coleman homes as we purchased a house from them. That is the only reason we even started a home mortgage with them. ... Read More Reviews (1)
The Citizens Bank	0.45%	$10,000	-	Learn More Add Review
Petit Jean State Bank	0.45%	$10,000	-	Learn More Add Review
First Community Bank	0.45%	$10,000	-	Learn More Add Review
Citizens' Bank & Trust Co.	0.45%	$10,000	-	Learn More Add Review
Piggott State Bank	0.45%	$10,000	-	Learn More Add Review
First State Bank	0.45%	$1,000	-	Learn More Add Review
Cornerstone Bank	0.40%	$10,000	-	Learn More
Countrygirl \| Mar 1, 2021 Rates on here are not accurate. Read More Reviews (1)
Relyance Bank, National Association	0.40%	$10,000	-	Learn More Add Review
Eagle Bank and Trust Company	0.40%	$10,000	-	Learn More Add Review
Farmers Bank	0.40%	$100,000	-	Learn More Add Review
The First National Bank of Izard County	0.40%	$10,000	-	Learn More Add Review
Great Southern Bank	0.40%	$250	-	Learn More Add Review
Southern Bancorp Bank	0.35%	$500	-	Learn More Add Review
The First National Bank of Lawrence County at Walnut Ridge	0.35%	$10,000	-	Learn More Add Review
The Malvern National Bank	0.35%	$10,000	-	Learn More
Bobby jean \| Jun 15, 2019 My aunt was treated horrible by okd gray headed teller with glasses at malvern national bank down town and this big fat black man with a too little shirt on and jeans sagging and tammie. This bank is raci... Read More Reviews (1)
The First National Bank of Fort Smith	0.35%	$5,000	-	Learn More Add Review
Farmers Bank	0.35%	$10,000	-	Learn More Add Review
Centennial Bank	0.35%	$10,000	-	Learn More
Asj \| Nov 15, 2020 Do they? Read More Reviews (1)
ENCORE BANK	0.30%	$10,000	-	Learn More Add Review
Bank OZK	0.20%	$1,000	-	Learn More
HB \| Sep 12, 2023 Can not cash a check at the branch on Chenal, because I did not have an appointment for the lobby. Could not use the Window service, it closes at 2pm on a Friday. I have a business account and am finding... Read More Reviews (11)
First Horizon Bank	0.10%	$1,000	-	Learn More
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
KeyBank National Association	0.05%	$2,500	-	Learn More
Rate History: 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)
Regions Bank	0.05% 0.01%	$2,501 $2,500	-	Learn More Add Review
Rate History: 0.03% → 0.05%
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)
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.

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PRODUCT INFORMATION

Two Year CDs - Branch Banks 2024

Two year CDs, also know as 24 month CDs are an intermediate term product that commits a depositor to keeping their money in the bank for 24 months in return for a fixed rate of return during that period. All two year CDs shown on BestCashCow are FDIC insured.

While two year CDs commit a person to locking their money in for double the time of a 12 month CD, the rate is not double. As a result, a depositor should think about whether the extra rate is worth the extra time commitment.

In general, if rates are rising, it makes sense not to lock up money for an extended period of time.

If rates are falling, then it makes sense to put money into a longer-term instrument to lock-in a higher rate.

Many find opening CDs at local bank is often easier than online. In a branch, a depositor can sign CD documents and initiate a CD in person, and can often get it done faster than mailing a check or initiating a wire transfer in order to get their money to an online bank. Many also appreciate the opportunity to interact face to face with a real human being as opposed to by phone or instant messaging.

The advantages of a two year branch CD are:

A higher rate than 12 month CDs in return for leaving the money in the bank longer.
A fixed rate during the 24 month period.
A generally higher rate for the same term than what can be found in a branch-based bank.
FDIC insurance.
Convenience of opening and managing the CD online.

The disadvantages of a two year branch CDs are:

Rates are generally lower than on the top online savings and CD accounts.
Money is tied up for two years. Removing it early results in significant penalties.
Opening online can often take several days. Problems must be handled online or via the phone as there is no branch.

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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Arkansas CD Rates – 2-Year

PRODUCT INFORMATION

Two Year CDs - Branch Banks 2024

The advantages of a two year branch CD are:

The disadvantages of a two year branch CDs are:

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