Best 6-Month CD Rates in Arkansas, AR

You are viewing rates from banks across Arkansas

Below are the best six-month CD Rates from banks with branches in Arkansas. Six-month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

AR - November 14, 2024

6 Month CD National Average : 0.41% ^?

Banks	APY	MIN	MILES ^?
Arvest Bank	4.80% 4.75%	$95,000 $10,000	-	Learn More Add Review
Rate History: 4.60% → 5.05% → 4.80%
Simmons Bank	4.80%	$5,000	-	Learn More
Rate History: 5.20% → 4.80%
mam \| Sep 19, 2019 No Specials are being offered. These rates are wrong. Read More Reviews (4)
Bask Bank, a division of Texas Capital Bank	4.70%	$1,000	-	Learn More Add Review
Early Withdrawal Penalty is 90 days interest. Rate History: 5.30% → 5.10% → 5.00% → 4.80% → 4.70%
smithy1968 \| Apr 20, 2024 Save your tears for another day. Very frustrating. 1-star. Read More
Regions Bank	4.50%	$2,500	-	Learn More Add Review
Rate History: 0.01% → 4.50%
My e-Banc, a division of Bradesco BAC Florida Bank	4.50%	$5,000	-	Learn More Add Review
Rate History: 5.30% → 5.40% → 5.20% → 5.05% → 4.50%
Matty H \| Sep 22, 2023 Terrible bank. Terrible service. Not equipped to service customers outside Florida. Plays games with your taxes by issuing 1090s whenever. Really shouldn't be on this list or your radar. Avoid. Read More
TD Bank, National Association	4.50% 1.00%	$10,001 $10,000	-	Learn More
Rate History: 5.00% → 4.50%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Banesco USA	4.50%	$1,000	-	Learn More
Early Withdrawal Penalty is 90 days interest. Rate History: 5.10% → 5.25% → 5.20% → 5.00% → 4.50%
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)
Hingham Institution for Savings	4.30%	$1,000	-	Learn More Add Review
Rate History: 4.85% → 4.80% → 4.50% → 4.39% → 4.30%
Intrust Bank, National Association	4.25%	$500	-	Learn More Add Review
Rate History: 4.25% → 5.10% → 4.25%
Capital One, National Association	4.20%	$0	-	Learn More
Rate History: 4.30% → 4.35% → 4.25% → 4.20%
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 Little Rock	4.00%	$500	-	Learn More Add Review
Bank of America, National Association	4.00%	$10,000	-	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)
Citibank, National Association	3.50%	$500	-	Learn More
Rate History: 0.05% → 4.75% → 4.65% → 3.75% → 3.50%
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)
USAA Federal Savings Bank	3.45%	$1,000	-	Learn More
Rate History: 5.25% → 4.65% → 4.55% → 3.45%
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)
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)
Bank of Whittier, National Association	3.33%	$1,000	-	Learn More Add Review
BOKF, National Association	2.45%	$100,000	-	Learn More
Rate History: 0.15% → 2.55% → 2.45%
Aku \| May 29, 2020 Dua Read More Reviews (1)
Wells Fargo Bank, National Association	2.01% 2.00%	$100,000 $25,000	-	Learn More
Rate History: 2.50% → 2.51% → 2.01%
Thy King \| Feb 6, 2023 after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More Reviews (7)
JPMorgan Chase Bank, National Association	1.50%	$10,000	-	Learn More
Rate History: 3.00% → 2.00% → 1.50%
Hayley7788d@outlook.com \| Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More Reviews (18)
Bank of England	1.25%	$100,000	-	Learn More Add Review
First Arkansas Bank and Trust	1.00%	$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)
Bank of England	0.75%	$10,000	-	Learn More Add Review
Signature Bank of Arkansas	0.65%	$10,000	-	Learn More
diane@dianemahan.com \| Oct 23, 2017 How o purchases the special 10% CD rate? Read More Reviews (1)
Armstrong Bank	0.65%	$100,000	-	Learn More
Jennifer King \| Aug 1, 2019 Who is the owner now this day. Read More Reviews (1)
Legacy National Bank	0.60%	$10,000	-	Learn More Add Review
Bodcaw Bank	0.55%	$10,000	-	Learn More Add Review
Gateway Bank	0.50%	$10,000	-	Learn More Add Review
RiverBank	0.50%	$10,000	-	Learn More Add Review
Merchants and Farmers Bank	0.50%	$100,000	-	Learn More Add Review
Bank of Salem	0.50%	$10,000	-	Learn More Add Review
Fidelity Bank	0.50%	$10,000	-	Learn More Add Review
First Financial Bank	0.50%	$10,000	-	Learn More Add Review
United Bank	0.50%	$10,000	-	Learn More Add Review
Partners Bank	0.50%	$10,000	-	Learn More Add Review
Commerce Community Bank	0.50%	$1,000	-	Learn More Add Review
Riverside Bank	0.50%	$10,000	-	Learn More Add Review
First Security Bank	0.50%	$10,000	-	Learn More
Landcdale@gmail.com \| May 3, 2023 Do you cash ee saving bonds Read More Reviews (1)
Bank of Lake Village	0.50%	$10,000	-	Learn More Add Review
Signature Bank of Arkansas	0.50%	$10,000	-	Learn More
diane@dianemahan.com \| Oct 23, 2017 How o purchases the special 10% CD rate? Read More Reviews (1)
Focus Bank	0.45%	$10,000	-	Learn More Add Review
First National Bank of Eastern Arkansas	0.45%	$100,000	-	Learn More Add Review
Firstar Bank	0.45%	$100,000	-	Learn More Add Review
Southern Bank	0.45%	$100,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.45%	$100,000	-	Learn More Add Review
First Financial Bank	0.40%	$100,000	-	Learn More Add Review
Southern Bank	0.40%	$10,000	-	Learn More Add Review
Cross County Bank	0.40%	$100,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.40%	$10,000	-	Learn More Add Review
Grand Savings Bank	0.40%	$1,000	-	Learn More Add Review
First National Bank	0.40%	$1,000	-	Learn More
Jeflofgren \| May 4, 2021 Very knowledgeable people Read More Reviews (1)
Armor Bank	0.35%	$10,000	-	Learn More Add Review
Generations Bank	0.35%	$1,000	-	Learn More Add Review
First Financial Bank	0.35%	$10,000	-	Learn More Add Review
Cross County Bank	0.35%	$10,000	-	Learn More Add Review
Union Bank & Trust Company	0.35%	$10,000	-	Learn More Add Review
Relyance Bank, National Association	0.35%	$100,000	-	Learn More Add Review
Smackover State Bank	0.35%	$10,000	-	Learn More Add Review
First State Bank of DeQueen	0.35%	$10,000	-	Learn More Add Review
First National Bank of Eastern Arkansas	0.35%	$10,000	-	Learn More Add Review
Great Southern Bank	0.30%	$250	-	Learn More Add Review
Armstrong Bank	0.30%	$10,000	-	Learn More
Jennifer King \| Aug 1, 2019 Who is the owner now this day. Read More Reviews (1)
The Peoples Bank	0.30%	$10,000	-	Learn More
Marsha Sarkela \| Mar 2, 2021 This is NOT CORRECT. Read More Reviews (2)
Firstar Bank	0.30%	$1,000	-	Learn More Add Review
First National Bank of North Arkansas	0.30%	$10,000	-	Learn More Add Review
Merchants and Farmers Bank	0.30%	$500	-	Learn More Add Review
First State Bank	0.30%	$1,000	-	Learn More Add Review
Priority Bank	0.30%	$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)
Today's Bank	0.29%	$10,000	-	Learn More Add Review
Commercial Bank & Trust Company	0.25%	$10,000	-	Learn More Add Review
The First National Bank of Izard County	0.25%	$10,000	-	Learn More Add Review
Farmers Bank	0.25%	$100,000	-	Learn More Add Review
Texana Bank, National Association	0.25%	$10,000	-	Learn More
Steve \| Mar 19, 2021 ... Read More Reviews (2)
FNBC Bank	0.25%	$500	-	Learn More Add Review
Bank of Cave City	0.25%	$10,000	-	Learn More Add Review
Relyance Bank, National Association	0.25%	$10,000	-	Learn More Add Review
Commercial National Bank of Texarkana	0.25%	$10,000	-	Learn More Add Review
Connect Bank	0.25%	$10,000	-	Learn More Add Review
McGehee Bank	0.25%	$10,000	-	Learn More Add Review
Farmers Bank & Trust Company	0.25%	$10,000	-	Learn More Add Review
Merchants & Planters' Bank	0.25%	$10,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.25%	$10,000	-	Learn More Add Review
First State Bank	0.25%	$10,000	-	Learn More Add Review
Piggott State Bank	0.20%	$10,000	-	Learn More Add Review
Anstaff Bank	0.20%	$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)
Farmers Bank	0.20%	$10,000	-	Learn More Add Review
Citizens' Bank & Trust Co.	0.20%	$10,000	-	Learn More Add Review
The First National Bank of Fort Smith	0.20%	$5,000	-	Learn More Add Review
Cornerstone Bank	0.20%	$10,000	-	Learn More
Countrygirl \| Mar 1, 2021 Rates on here are not accurate. Read More Reviews (1)
Southern Bancorp Bank	0.20%	$500	-	Learn More Add Review
The Malvern National Bank	0.20%	$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)
Chambers Bank	0.20%	$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)
Petit Jean State Bank	0.20%	$10,000	-	Learn More Add Review
FSNB, National Association	0.20%	$10,000	-	Learn More Add Review
FBT Bank & Mortgage	0.20%	$10,000	-	Learn More Add Review
First Community Bank	0.20%	$10,000	-	Learn More Add Review
The First National Bank of Lawrence County at Walnut Ridge	0.20%	$10,000	-	Learn More Add Review
The Citizens Bank	0.20%	$10,000	-	Learn More Add Review
First Western Bank	0.20%	$10,000	-	Learn More Add Review
The Farmers & Merchants Bank	0.20%	$10,000	-	Learn More Add Review
Equity Bank	0.15%	$1,000	-	Learn More Add Review
Eagle Bank and Trust Company	0.15%	$10,000	-	Learn More Add Review
The Union Bank of Mena	0.15%	$10,000	-	Learn More Add Review
Stone Bank	0.10%	$10,000	-	Learn More Add Review
First Horizon Bank	0.10%	$1,000	-	Learn More
D R Lineberger \| Dec 30, 2018 Garden14 Read More Reviews (1)
Centennial Bank	0.10%	$10,000	-	Learn More
Asj \| Nov 15, 2020 Do they? Read More Reviews (1)
ENCORE BANK	0.05%	$10,000	-	Learn More Add Review
KeyBank National Association	0.05%	$2,500	-	Learn More
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)
Bank OZK	0.05%	$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)
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)

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

6 Month Branch Certificates of Deposit 2024

Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. With a six month CD, depositors agree to leave their money in the account for six months in return for a fixed rate of interest over this period. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

In general, almost all brick-and-mortar banks provide CDs to their consumers. Opening one involves taking a trip to the branch although some banks allow CDs to be opened via the phone or online. In general, local banks discourage depositors from out-of-state to open accounts, although this is not a hard rule and if you see an attractive rate from a bank in another state, it is worth investigating the account opening policy. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

The advantages of six month CDs opened via a traditional bank are:

Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
CDs provide a predictable, set rate of return.
Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of six month CDs are:

Six month CDs currently pay interest rates significantly below many online and branch-based savings and money market accounts.
The deposited money is committed for six months.
Six month CDs from traditional banks often pay less interest than from online banks.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

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 – 6-Month

PRODUCT INFORMATION

6 Month Branch Certificates of Deposit 2024

The advantages of six month CDs opened via a traditional bank are:

The disadvantages of six month CDs are:

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