Best 5-Year CD Rates in Overland Park, Kansas, KS

You are viewing rates from banks across Overland Park

Below are 5-year CD Rates from banks that are located in Overland Park, { Kansas}. 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.

Overland Park, KS - December 22, 2024

5 Year CD National Average : 0.92% ^?

Banks	APY	MIN	MILES ^?
First Bank	4.02%	$500	-	Learn More Add Review
KS StateBank	3.75%	$500	-	Learn More
Rate History: 4.06% → 4.75% → 4.16% → 3.90% → 3.75%
HonestReview \| Apr 19, 2023 This bank was honest and I had no problems with them in person. Not everyone was equally competent but they got help. Read More Reviews (3)
Emprise Bank	3.50%	$1,000	-	Learn More Add Review
First Federal Bank of Kansas City	3.50%	$1,000	-	Learn More Add Review
Rate History: 2.02% → 3.50%
RCB Bank	2.75%	$1,000	-	Learn More
Holly cannady \| Oct 13, 2020 Been banking with RCB for 20 years now after today this will probably be my last year I was in a car wreck and my car was a total loss insurance set me a check. When up to the bank to try to catch it so I ... Read More Reviews (1)
Argentine Federal Savings	2.59%	$1,000	-	Learn More Add Review
Rate History: 1.67% → 2.69% → 2.59%
Intrust Bank, National Association	2.50%	$500	-	Learn More Add Review
Rate History: 4.25% → 3.50% → 3.00% → 2.50%
Capitol Federal Savings Bank	2.50%	$1,000	-	Learn More
Rate History: 3.50% → 2.50% → 3.50% → 2.50%
JtAlmond \| Jun 21, 2022 The new rates have eclipsed shat i currently hold with this bank. Read More Reviews (1)
Security Bank of Kansas City	2.02%	$500	-	Learn More
Rate History: 1.26% → 2.02%
ccass \| Sep 13, 2021 On September 13th, 2021. I called “SBOK” to verify if the account number matches the business name that is on the check I’ve received. I spoke with a supervisor named Brenda Jones. Brenda informed me... Read More Reviews (1)
NINNESCAH VALLEY BANK	1.66%	$100,000	-	Learn More Add Review
BOKF, National Association	1.55%	$100,000	-	Learn More
Aku \| May 29, 2020 Dua Read More Reviews (1)
Citizens Bank	1.51%	$500	-	Learn More Add Review
The State Bank of Bern	1.51%	$10,000	-	Learn More Add Review
New Century Bank	1.51%	$10,000	-	Learn More Add Review
ESB Financial	1.51%	$10,000	-	Learn More Add Review
Southwind Bank	1.50%	$500	-	Learn More Add Review
Great American Bank	1.50%	$1,000	-	Learn More Add Review
First National Bank of Kansas	1.50%	$10,000	-	Learn More Add Review
The Security State Bank	1.50%	$10,000	-	Learn More Add Review
Union State Bank	1.50%	$10,000	-	Learn More Add Review
NINNESCAH VALLEY BANK	1.46%	$10,000	-	Learn More Add Review
Swedish-American State Bank	1.46%	$10,000	-	Learn More Add Review
Patriots Bank	1.41%	$500	-	Learn More Add Review
Country Club Bank	1.41%	$50,000	-	Learn More
Watson1895 \| Feb 9, 2019 Can I order new checks online? Read More Reviews (1)
The Lyon County State Bank	1.41%	$500	-	Learn More Add Review
Home Bank and Trust Company	1.40%	$10,000	-	Learn More Add Review
Garden Plain State Bank	1.38%	$10,000	-	Learn More Add Review
The First National Bank of Spearville	1.36%	$100,000	-	Learn More Add Review
The Stock Exchange Bank, Caldwell, Kansas	1.36%	$10,000	-	Learn More Add Review
BMO Bank National Association	1.35%	$1,000	-	Learn More
Rate History: 0.25% → 1.35% → 4.00% → 1.35%
Beenthere \| Jan 29, 2024 Tried to enter information on line to open a 5 year CD, multiple time and wasn't accepted. Talked to a live person who was of no help at all. My credit score is over 800 and I have plenty of money in oth... Read More Reviews (9)
Impact Bank	1.35%	$10,000	-	Learn More Add Review
Mutual Savings Association	1.35%	$10,000	-	Learn More Add Review
The First State Bank of Healy	1.35%	$100,000	-	Learn More Add Review
The Farmers State Bank of Bucklin, Kansas	1.35%	$10,000	-	Learn More Add Review
Mid-America Bank	1.35%	$10,000	-	Learn More Add Review
ESB Financial	1.31%	$10,000	-	Learn More Add Review
Country Club Bank	1.31%	$10,000	-	Learn More
Watson1895 \| Feb 9, 2019 Can I order new checks online? Read More Reviews (1)
Citizens Federal Savings Bank	1.30%	$10,000	-	Learn More Add Review
Ford County State Bank	1.30%	$10,000	-	Learn More Add Review
Kaw Valley State Bank	1.30%	$10,000	-	Learn More Add Review
Southwest National Bank	1.30%	$10,000	-	Learn More Add Review
The Lyndon State Bank	1.27%	$10,000	-	Learn More Add Review
Astra Bank	1.26%	$500	-	Learn More Add Review
Golden Belt Bank, FSA	1.26%	$10,000	-	Learn More Add Review
Elk State Bank	1.26%	$10,000	-	Learn More Add Review
The Community Bank	1.26%	$100,000	-	Learn More Add Review
The Kansas State Bank Overbrook Kansas	1.26%	$10,000	-	Learn More Add Review
Kaw Valley Bank	1.26%	$100,000	-	Learn More Add Review
Farmers and Merchants Bank of Mound City, Kansas	1.26%	$1,000	-	Learn More Add Review
The Farmers State Bank of Blue Mound	1.25%	$10,000	-	Learn More Add Review
The Farmers State Bank of Westmoreland	1.25%	$10,000	-	Learn More Add Review
The Citizens National Bank	1.25%	$10,000	-	Learn More Add Review
The First State Bank of Healy	1.25%	$10,000	-	Learn More Add Review
Flint Hills Bank	1.25%	$100,000	-	Learn More Add Review
Alliance Bank	1.25%	$10,000	-	Learn More Add Review
The Halstead Bank	1.25%	$10,000	-	Learn More Add Review
Andover State Bank	1.25%	$10,000	-	Learn More Add Review
Chisholm Trail State Bank	1.22%	$1,000	-	Learn More Add Review
The First National Bank of Spearville	1.21%	$1,000	-	Learn More Add Review
Lyons Federal Bank	1.21%	$100,000	-	Learn More Add Review
The State Exchange Bank	1.21%	$10,000	-	Learn More Add Review
Heritage Bank	1.21%	$10,000	-	Learn More Add Review
The Denison State Bank	1.20%	$10,000	-	Learn More Add Review
Legacy Bank	1.20%	$10,000	-	Learn More Add Review
The First National Bank of Hutchinson	1.18%	$5,000	-	Learn More Add Review
First Commerce Bank	1.16%	$10,000	-	Learn More Add Review
Lyons Federal Bank	1.16%	$10,000	-	Learn More Add Review
Grant County Bank	1.15%	$100,000	-	Learn More Add Review
Farmers and Drovers Bank	1.15%	$10,000	-	Learn More Add Review
Flint Hills Bank	1.15%	$10,000	-	Learn More Add Review
The Citizens State Bank	1.15%	$1,000	-	Learn More Add Review
Vintage Bank Kansas	1.15%	$100,000	-	Learn More Add Review
Bank of Commerce and Trust Company	1.15%	$50,000	-	Learn More Add Review
BancCentral, National Association	1.15%	$100,000	-	Learn More Add Review
Kaw Valley Bank	1.11%	$10,000	-	Learn More Add Review
Community Bank of Wichita, Inc.	1.11%	$10,000	-	Learn More Add Review
The Farmers State Bank	1.10%	$50,000	-	Learn More Add Review
State Bank of Downs	1.10%	$10,000	-	Learn More Add Review
Community National Bank	1.10%	$100,000	-	Learn More Add Review
The Farmers State Bank	1.10%	$10,000	-	Learn More Add Review
Grant County Bank	1.10%	$1	-	Learn More Add Review
The Farmers State Bank	1.10%	$500	-	Learn More Add Review
Exchange Bank	1.10%	$10,000	-	Learn More Add Review
The Citizens State Bank	1.09%	$100,000	-	Learn More Add Review
SJN Bank of Kansas	1.05%	$50	-	Learn More Add Review
First Heritage Bank	1.05%	$100,000	-	Learn More Add Review
Farmers Bank & Trust	1.05%	$10,000	-	Learn More Add Review
Bank of Greeley	1.05%	$3,000	-	Learn More Add Review
Prescott State Bank	1.05%	$10,000	-	Learn More Add Review
Kanza Bank	1.05%	$10,000	-	Learn More Add Review
BancCentral, National Association	1.05%	$10,000	-	Learn More Add Review
Community National Bank & Trust	1.05%	$1,000	-	Learn More Add Review
The Fowler State Bank	1.01%	$100,000	-	Learn More Add Review
The Citizens State Bank	1.00%	$5,000	-	Learn More Add Review
The Farmers State Bank	1.00%	$500	-	Learn More Add Review
The Peoples State Bank	1.00%	$10,000	-	Learn More Add Review
Conway Bank	1.00%	$10,000	-	Learn More Add Review
First National Bank and Trust	1.00%	$10,000	-	Learn More Add Review
The Citizens National Bank	1.00%	$10,000	-	Learn More Add Review
The Community Bank	1.00%	$10,000	-	Learn More Add Review
Peoples Bank and Trust Company	1.00%	$10,000	-	Learn More Add Review
The First Security Bank	1.00%	$10,000	-	Learn More Add Review
CoreFirst Bank & Trust	1.00%	$10,000	-	Learn More Add Review
Labette Bank	1.00%	$10,000	-	Learn More Add Review
Fidelity Bank, National Association	1.00%	$500	-	Learn More Add Review
TriCentury Bank	1.00%	$10,000	-	Learn More
Jjjohnston7 \| Jun 25, 2021 TriCentury is great! They were there for me when my credit was not great, and I haven’t left because of their great customer service. Read More Reviews (2)
Vintage Bank Kansas	1.00%	$10,000	-	Learn More Add Review
The Valley State Bank	1.00%	$10,000	-	Learn More Add Review
American Bank of Baxter Springs	1.00%	$1,000	-	Learn More Add Review
The Citizens State Bank	0.99%	$10,000	-	Learn More Add Review
The Bank of Tescott	0.97%	$10,000	-	Learn More Add Review
GNBank, National Association	0.95%	$10,000	-	Learn More Add Review
FNB Bank	0.95%	$100,000	-	Learn More Add Review
Union State Bank	0.95%	$10,000	-	Learn More Add Review
FNB Washington	0.95%	$10,000	-	Learn More Add Review
First Heritage Bank	0.95%	$10,000	-	Learn More Add Review
Johnson State Bank	0.95%	$100,000	-	Learn More Add Review
Prairie Bank of Kansas	0.95%	$10,000	-	Learn More Add Review
Citizens State Bank and Trust Co., Ellsworth, Kansas	0.90%	$500	-	Learn More Add Review
The Fowler State Bank	0.90%	$10,000	-	Learn More Add Review
The Bennington State Bank	0.90%	$10,000	-	Learn More Add Review
Community Bank	0.90%	$10,000	-	Learn More Add Review
Alva State Bank & Trust Company	0.90%	$100,000	-	Learn More Add Review
Liberty Bank and Trust Company	0.90%	$10,000	-	Learn More Add Review
SOLUTIONS NORTH BANK	0.85%	$1,000	-	Learn More Add Review
Adams Bank & Trust	0.85%	$10,000	-	Learn More Add Review
The Wilson State Bank	0.85%	$1,000	-	Learn More Add Review
United Bank & Trust	0.85%	$10,000	-	Learn More Add Review
The Plains State Bank	0.85%	$10,000	-	Learn More Add Review
The Tampa State Bank	0.85%	$10,000	-	Learn More Add Review
The Exchange State Bank of St. Paul, Kansas	0.85%	$10,000	-	Learn More Add Review
The Riley State Bank of Riley, Kansas	0.80%	$500	-	Learn More Add Review
Farmers & Merchants Bank of Colby	0.80%	$10,000	-	Learn More Add Review
The Farmers State Bank	0.80%	$10,000	-	Learn More Add Review
First Bank Kansas	0.80%	$10,000	-	Learn More Add Review
First State Bank and Trust	0.80%	$10,000	-	Learn More Add Review
Johnson State Bank	0.80%	$10,000	-	Learn More Add Review
NBH 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)
Alva State Bank & Trust Company	0.80%	$10,000	-	Learn More Add Review
The Kearny County Bank	0.75%	$50,000	-	Learn More Add Review
The Citizens National Bank	0.75%	$10,000	-	Learn More Add Review
Community National Bank	0.75%	$10,000	-	Learn More Add Review
The First National Bank of Syracuse	0.75%	$10,000	-	Learn More Add Review
The Kansas State Bank	0.75%	$500	-	Learn More Add Review
CrossFirst Bank	0.75%	$10,000	-	Learn More
gsander \| Nov 7, 2018 now pays 1.46% Read More Reviews (1)
Citizens Bank of Kansas	0.75%	$5,000	-	Learn More Add Review
FirstOak Bank	0.75%	$10,000	-	Learn More Add Review
Goppert State Service Bank	0.70%	$10,000	-	Learn More Add Review
Great Southern Bank	0.65%	$250	-	Learn More Add Review
The First National Bank of Louisburg	0.65%	$500	-	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)
Landmark National Bank	0.60%	$10,000	-	Learn More Add Review
The Kearny County Bank	0.60%	$10,000	-	Learn More Add Review
The City National Bank and Trust Company of Lawton, Oklahoma	0.60%	$10,000	-	Learn More Add Review
Bank of Prairie Village	0.56%	$10,000	-	Learn More Add Review
Bank of Labor	0.55%	$10,000	-	Learn More
ksucat \| Nov 9, 2018 The online banking system for this bank is beyond ridiculous. I have tried on numerous occasions to get help and as soon as I get one issue resolved, sure enough another pops up. From passwords being lock... Read More Reviews (1)
Cornerstone Bank	0.53%	$10,000	-	Learn More Add Review
The First National Bank of Hope	0.50%	$100,000	-	Learn More Add Review
Union State Bank	0.50%	$10,000	-	Learn More Add Review
ANB Bank	0.50%	$10,000	-	Learn More Add Review
NBKC Bank	0.50%	$1	-	Learn More Add Review
The First National Bank of Hope	0.45%	$10,000	-	Learn More Add Review
Fidelity State Bank and Trust Company	0.40%	$1,000	-	Learn More Add Review
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)
Peoples State Bank	0.39%	$10,000	-	Learn More
kccode1 \| Jun 9, 2019 They don't have this rate anymore. 5 year rate is only 3.11 Read More Reviews (2)
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)
Central National Bank	0.30%	$50,000	-	Learn More Add Review
Commerce Bank	0.30%	$10,000	-	Learn More Add Review
Equity Bank	0.25%	$1,000	-	Learn More Add Review
Central National Bank	0.20%	$10,000	-	Learn More Add Review
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
FNB Bank	0.05%	$10,000	-	Learn More Add Review
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

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

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Overland Park, Kansas 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

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