Best 5-Year CD Rates in Colorado, CO

You are viewing rates from banks across Colorado

Below are 5-year CD Rates from banks that are located in Colorado. Five-Year Certificates of Deposit (CD) are generally the longest term CD that most banks will offer. They tend to offer the highest rates but require the longest commitment. Five year CDs are especially popular in a declining interest rate environment as depositors can lock money in at the highest rate possible for the longest period of time. They are also popular with depositors who are willing to lock up money for five years in return for extra yield.

CO - November 29, 2024

5 Year CD National Average : 0.91% ^?

Banks	APY	MIN	MILES ^?
Beal Bank USA	3.80%	$1,000	-	Learn More
Rate History: 3.95% → 3.85% → 3.80%
george \| Feb 9, 2021 The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed. Read More Reviews (3)
Seattle Bank	3.75%	$1,000	-	Learn More
Early Withdrawal Penalty is 180 days interest. Rate History: 4.55% → 4.50% → 4.15% → 4.00% → 3.75%
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)
Capital One, National Association	3.50%	$0	-	Learn More
Rate History: 4.00% → 3.90% → 3.75% → 3.50%
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 of Hope	3.35% 0.35%	$250,000 $1,000	-	Learn More
Rate History: 3.45% → 3.65% → 3.35%
NORTY FLATZ \| Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More Reviews (1)
Ivy Bank, a division of Cambridge Savings Bank	3.25%	$0	-	Learn More Add Review
Rate History: 2.60% → 3.25%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Ivy Bank and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and c... Read More
Citizens	3.00%	$5,000	-	Learn More
Dana E. \| Mar 20, 2016 Good solid bank. Read More Reviews (1)
Gateway First Bank	2.90%	$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)
Zions Bank	2.53%	$1,000	-	Learn More Add Review
Rate History: 3.05% → 2.53%
USAA Federal Savings Bank	2.50%	$1,000	-	Learn More
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)
FirstBank	2.00%	$10,000	-	Learn More
Rate History: 2.02% → 2.00%
Carrandrewb \| Aug 5, 2022 The worst customer service during covid. I lost my wallet they were nit understanding when things were shutting down. I knew covid was going to be bad and did not want to be around people. They did nit eve... Read More Reviews (1)
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: 2.00% → 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)
High Country Bank	1.75%	$100,000	-	Learn More Add Review
BOKF, National Association	1.55%	$100,000	-	Learn More
Aku \| May 29, 2020 Dua Read More Reviews (1)
Champion Bank	1.53%	$10,000	-	Learn More Add Review
Century Savings and Loan Association	1.51%	$100,000	-	Learn More Add Review
Century Savings and Loan Association	1.41%	$10,000	-	Learn More Add Review
First Pioneer National Bank	1.41%	$100,000	-	Learn More Add Review
First National Bank, Cortez	1.38%	$100,000	-	Learn More Add Review
NBH Bank	1.35%	$10,000	-	Learn More Add Review
Gunnison Savings and Loan Association	1.26%	$10,000	-	Learn More Add Review
Park State Bank & Trust	1.26%	$500	-	Learn More Add Review
Golden Belt Bank, FSA	1.26%	$10,000	-	Learn More Add Review
Four Corners Community Bank	1.25%	$10,000	-	Learn More
Unhappy customer definitely NOT THE BANK FOR ME! \| Sep 21, 2020 I am fed up with how poorly this bank is run. I have made deposit and given a receipt with the wrong amount more than once. I have received other customer's cancelled checks. The online bank site is a mess... Read More Reviews (1)
FMS Bank	1.25%	$100,000	-	Learn More Add Review
First National Bank	1.20%	$1,000	-	Learn More Add Review
First Southwest Bank	1.20%	$10,000	-	Learn More Add Review
First National Bank, Cortez	1.20%	$10,000	-	Learn More Add Review
First Pioneer National Bank	1.16%	$10,000	-	Learn More Add Review
Equitable Savings and Loan Association	1.16%	$10,000	-	Learn More Add Review
Yampa Valley Bank	1.16%	$10,000	-	Learn More Add Review
Mountain View Bank of Commerce	1.16%	$10,000	-	Learn More Add Review
First Western Trust Bank	1.16%	$10,000	-	Learn More Add Review
Points West Community Bank	1.15%	$10,000	-	Learn More Add Review
FMS Bank	1.15%	$10,000	-	Learn More Add Review
The State Bank	1.10%	$10,000	-	Learn More Add Review
Mountain Valley Bank	1.05%	$10,000	-	Learn More Add Review
FirsTier Bank	1.01%	$10,000	-	Learn More Add Review
United Business Bank	1.01%	$10,000	-	Learn More
Small Company \| Apr 9, 2020 I would stay away from this bank. It was much better run when it was Valley Community Bank, but went into the toilet when it was bought by Bay Commercial Bank. Their online banking terms and conditions cha... Read More Reviews (1)
Farmers State Bank of Calhan	1.01%	$10,000	-	Learn More
John \| Nov 4, 2021 Not a very helpful bank. Find another ! Read More Reviews (1)
The Pueblo Bank and Trust Company	1.00%	$10,000	-	Learn More Add Review
Del Norte Bank	1.00%	$100,000	-	Learn More Add Review
CoreFirst Bank & Trust	1.00%	$10,000	-	Learn More Add Review
Points West Community Bank	1.00%	$10,000	-	Learn More Add Review
MNB BANK	1.00%	$10,000	-	Learn More Add Review
North Valley Bank	1.00%	$10,000	-	Learn More Add Review
The Dolores State Bank	1.00%	$100,000	-	Learn More Add Review
GNBank, National Association	0.95%	$10,000	-	Learn More Add Review
The Dolores State Bank	0.95%	$10,000	-	Learn More Add Review
San Luis Valley Federal Bank	0.95%	$100,000	-	Learn More Add Review
The Gunnison Bank and Trust Company	0.95%	$10,000	-	Learn More Add Review
FNB Bank	0.95%	$100,000	-	Learn More Add Review
High Country Bank	0.90%	$10,000	-	Learn More Add Review
Del Norte Bank	0.90%	$10,000	-	Learn More Add Review
Home Loan State Bank	0.90%	$10,000	-	Learn More Add Review
Integrity Bank & Trust	0.90%	$10,000	-	Learn More Add Review
Rocky Mountain Bank & Trust	0.90%	$100,000	-	Learn More Add Review
RNB STATE BANK	0.90%	$100,000	-	Learn More Add Review
Stockmens Bank	0.85%	$10,000	-	Learn More Add Review
Herring Bank	0.85%	$10,000	-	Learn More
wello50 \| Jul 1, 2021 What day of the month do you report to the credit bureaus Read More Reviews (1)
San Luis Valley Federal Bank	0.85%	$10,000	-	Learn More Add Review
Independent Bank	0.85%	$1,000	-	Learn More Add Review
Adams Bank & Trust	0.85%	$10,000	-	Learn More Add Review
Rocky Mountain Bank & Trust	0.80%	$10,000	-	Learn More Add Review
Grand Valley Bank	0.80%	$10,000	-	Learn More Add Review
Farmers Bank	0.80%	$10,000	-	Learn More
eberhard1111 \| Sep 10, 2019 215,000.00 Read More Reviews (1)
RNB STATE BANK	0.80%	$10,000	-	Learn More Add Review
Academy Bank, National Association	0.80%	$10,000	-	Learn More
Fran1 \| Feb 4, 2020 Academy was great helping me open a new account Read More Reviews (5)
FirstOak Bank	0.75%	$10,000	-	Learn More Add Review
5Star Bank	0.75%	$10,000	-	Learn More Add Review
Waypoint Bank	0.75%	$10,000	-	Learn More Add Review
The Farmers State Bank of Brush	0.75%	$10,000	-	Learn More Add Review
Redstone Bank	0.70%	$10,000	-	Learn More Add Review
Timberline Bank	0.65%	$1,000	-	Learn More Add Review
Native American Bank, National Association	0.60%	$100,000	-	Learn More Add Review
First National Bank	0.60%	$10,000	-	Learn More Add Review
Armed Forces Bank, National Association	0.60%	$10,000	-	Learn More
BENNIE BROOKS \| Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More Reviews (2)
The First National Bank of Las Animas	0.60%	$10,000	-	Learn More Add Review
Native American Bank, National Association	0.55%	$10,000	-	Learn More Add Review
Frontier Bank	0.55%	$100,000	-	Learn More Add Review
Frontier Bank	0.50%	$10,000	-	Learn More Add Review
ANB Bank	0.50%	$10,000	-	Learn More Add Review
Liberty Savings Bank, F.S.B.	0.50%	$10,000	-	Learn More Add Review
MidFirst Bank	0.50%	$1,000	-	Learn More
sharzns \| Jun 17, 2022 Midfirst doesn't seem to encourage any accounts other than checking. I have two. I've tried opening others, but they talk me out of it every single time. Read More Reviews (3)
Glacier Bank	0.50%	$10,000	-	Learn More
CatAnn \| Dec 11, 2023 only series EE currently. I have I series and have to mail them in Read More Reviews (1)
U.S. Bank National Association	0.40% 0.25%	$1,000 $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)
InBank	0.35%	$100,000	-	Learn More
Trujillo \| Nov 9, 2023 Unhappy with ATM on Southside. I.bank with wafd they closed. Told wsfd customers can get cash with card. Employees are very nosy with slanderous gossip. I'm treated like a criminal. That why I don't use i... Read More Reviews (1)
UMB Bank, National Association	0.35%	$10,000	-	Learn More
RS \| Jun 1, 2020 UMB does not honor the rate posted here! Read More Reviews (2)
InBank	0.30%	$10,000	-	Learn More
Trujillo \| Nov 9, 2023 Unhappy with ATM on Southside. I.bank with wafd they closed. Told wsfd customers can get cash with card. Employees are very nosy with slanderous gossip. I'm treated like a criminal. That why I don't use i... Read More Reviews (1)
First-Citizens Bank & Trust Company	0.15%	$500	-	Learn More
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
First National Bank of Omaha	0.12%	$500	-	Learn More Add Review
KeyBank National Association	0.05%	$2,500	-	Learn More
Rate History: 0.03% → 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)
FNB Bank	0.05%	$10,000	-	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)
Evergreen National Bank	0.01%	$10,000	-	Learn More Add Review
Citywide Banks	0.01%	$10,000	-	Learn More Add Review

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

Five Year CDs - Branch Banks 2024

Five-year CDs are the big kahuna of the CD world. While banks may offer six-year, seven-year, or even 10-year CDs, the five-year is the longest of the most commonly offered terms. The 5-year CD is therefore often the highest offer at your local bank. Therefore, the temptation for those looking for yield is to open one, deposit money, and forget about it for five years. This could be a mistake. In rising rate environments a five-year CD may not be a good investment.

Safety

Like every other CD term, five year CDs from FDIC insured banks are protected up to FDIC limits (generally $250,000 per account holder per bank). If your deposit is over the FDIC limit then you may not receive the uninsured money in case of a bank failure.

Inflation

The principle threat to a a five year CD is inflation. If the CD is opened in a low rate environment, and rates and inflation subsequently rise, then inflation will erode the value of the certificate of deposit over its five years. For example, if a depositor opened a five year CD in year 1 with a yield of 2.05% APY and inflation at 1.5%, then the real return is .55 percentage points. But if inflation rises the next year to 2.5% and stays there for the next four years, then the CD in real terms is losing money every year: 2.05% - 2.5% = -.45%.

While it is impossible for anyone to predict too far into the future, savers should be cognizant of the economic environment before locking up money for a five year time-period. Our rate analysis page provides some insight into where we think rates will go.

On the other hand, if rates are falling and will continue to do so for some time due to an economic recession then it makes sense to lock in a higher rate with a five year CD. Savers who opened five year CDs in 2008 immediately after the financial crisis were able to lock in rates in the 6% range, a great move considering two years later a five year CD paid below 3%.

Interest

Five-year CDs currently pay about 1.00% more in interest than a one year CD. In general, CDs of this duration are best opened as part of a laddered CD portfolio or if the depositor thinks that rates will either stagnate or drop over the next couple of years.

Opening a Five Year CD

Opening a five year CD in a branch is relatively easy and similar to every other CD term. Most banks require the customer be a resident of the United States and most branch-based banks ask that the account be opened in the bank. Funding can be performed by transferring money that is already located at that bank or by check or ACH transfer from another bank. The CD can be opened that day and the rate locked.

With longer term CDs, savers should make sure they put a record of the CD in a safe place and that if they move, they forward their new address to the bank. In cases where the bank cannot find the CD holder, the bank may hand the funds over to a state authority as a lost deposit, and it will require onerous paperwork to reclaim the money.

ADVANTAGES AND DISADVANTAGES OF FIVE YEAR CDs

Advantages of five year CDs

5 year CDs provide the highest rate of the common CD terms.
The return is fixed for five years, which is an advantage in a flat or falling rate environment.

Disadvantages of five year CDs

The money is locked away for five years and cannot be withdrawn without a substantial penalty.
In a rising rate environment, inflation will reduce the value of the money in the CD over time.
Branch CDs require the saver to visit a branch and be subjected to cross-sell pitches and other marketing tactics.

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 Colorado

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

Colorado CD Rates – 5-Year

PRODUCT INFORMATION

Five Year CDs - Branch Banks 2024

Safety

Inflation

Interest

Opening a Five Year CD

ADVANTAGES AND DISADVANTAGES OF FIVE YEAR CDs

Advantages of five year CDs

Disadvantages of five year CDs

SAVINGS & CD CALCULATOR

CD Products by State

CD Products by City in Colorado

Download a Free eBook