Oklahoma

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Edmond, Oklahoma CD Rates – 6-Month

You are viewing rates from banks across Edmond

 

Below are the best six-month CD Rates from banks with branches in Edmond, Oklahoma . 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.

Edmond, OK - November 19, 2024

6 Month CD National Average : 0.41% ?

Banks APY MIN MILES ?

Rate History: 4.60% → 5.05% → 4.80%

Rate History: 5.30% → 5.20% → 5.05% → 4.95% → 4.52%

| Jan 16, 2019

12 mo now pays 2.80% apr Read More

Rate History: 1.00% → 4.75% → 4.50%

| Feb 25, 2016

What's your phone number? Read More

Rate History: 4.25% → 5.10% → 4.25%

Rate History: 4.75% → 4.40% → 4.25% → 4.00%

| 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

| 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

3.10%

$1,000

-

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Rate History: 0.15% → 2.55% → 2.45%

| May 29, 2020

Dua Read More

Rate History: 3.00% → 2.00% → 1.50%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

| Mar 24, 2022

I visited this bank yesterday, 3/23 and this advertised rate was not offered. Read More

0.55%

$100,000

11.65

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0.51%

$1,000

12.26

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| Mar 24, 2022

I visited this bank yesterday, 3/23 and this rate 0.85% was NOT offered. Read More

0.50%

$10,000

22.01

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0.50%

$10,000

9.37

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| Nov 23, 2019

Recently applied for a loan. I was denied. Got the letter stating why, it has things checked like foreclosure and garnishment. I know I never had either. I get a copy of my report. Doesn't show any ... Read More

| Jun 27, 2022

It took 4 times contacting this back to get a simple stop payment done. It end up costing over $100 because of their inability to take care of it after the first contact. Read More

| Feb 17, 2022

Worst bank ever. Buying everyone and screwing them up. Read More

0.45%

$10,000

6.33

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0.45%

$10,000

12.77

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0.40%

$10,000

6.27

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0.40%

$10,000

7.08

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0.40%

$100,000

5.89

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0.35%

$1,000

17.98

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0.35%

$100,000

16.10

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0.35%

$10,000

5.73

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0.35%

$10,000

15.98

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0.30%

$10,000

7.40

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0.30%

$10,000

5.89

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0.30%

$10,000

20.22

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0.30%

$1,000

17.98

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| 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

0.25%

$10,000

17.91

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| Dec 1, 2022

I have banked at First Fidelity since 1991 I think. Their banking staff has always been so helpful. I had a person years ago take one of my blank check and cashed it for 250.00. I caught it right away ... Read More

| Sep 30, 2015

Stephenville,Tx branch is very professional, helpful and possibly the best bank I have encountered. If you move to this region, consider this institution. You will be pleasantly satisfied. I in no way... Read More

0.25%

$10,000

11.19

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| Jun 1, 2020

UMB does not honor the rate posted here! Read More

| Nov 7, 2018

now pays 1.46% Read More

| Feb 17, 2022

Worst bank ever. Buying everyone and screwing them up. Read More

| Dec 1, 2021

I have been with bancfirst and love the inperson bank employees. However, online service is more then terrible, it is negligent. I attended an event that encluded troubled kids. On my way home, I stop t... Read More

0.25%

$1,000

17.98

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0.20%

$1,000

17.98

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0.20%

$10,000

16.10

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0.20%

$10,000

11.45

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0.20%

$10,000

24.19

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| Dec 1, 2021

I have been with bancfirst and love the inperson bank employees. However, online service is more then terrible, it is negligent. I attended an event that encluded troubled kids. On my way home, I stop t... Read More

0.15%

$10,000

11.65

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| Dec 1, 2021

I have been with bancfirst and love the inperson bank employees. However, online service is more then terrible, it is negligent. I attended an event that encluded troubled kids. On my way home, I stop t... Read More

0.10%

$10,000

16.07

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0.10%

$10,000

11.25

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0.05%

$10,000

9.95

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| 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

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

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

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.

SAVINGS & CD CALCULATOR

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