Oklahoma

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Midwest City, Oklahoma CD Rates

You are viewing rates from banks across Midwest City

 

Below are the best one-year CD Rates from banks in Midwest City, Oklahoma. One year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates are generally comparable to or a little higher than their savings and money market counterparts.

Midwest City, OK - November 19, 2024

1 Year CD National Average : 0.55% ?

Banks APY MIN MILES ?

Rate History: 5.51% → 5.46% → 5.10% → 5.00% → 4.90%

| Jan 16, 2019

12 mo now pays 2.80% apr Read More

Rate History: 5.00% → 4.75%

Rate History: 5.10% → 4.80% → 4.30%

| 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

Rate History: 5.25% → 5.35% → 4.80% → 5.10% → 4.25%

Rate History: 1.00% → 4.75% → 4.25%

| Feb 25, 2016

What's your phone number? Read More

4.25%

$1,000

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Rate History: 4.60% → 4.25% → 4.05% → 3.80%

| 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

Rate History: 3.51% → 0.03% → 3.75% → 4.25% → 3.75%

| 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

Rate History: 3.00% → 2.00% → 3.50% → 3.25%

| 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 rate 0.85% was NOT offered. Read More

0.85%

$100,000

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0.85%

$10,000

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0.85%

$100,000

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0.85%

$10,000

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| Mar 24, 2022

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

0.85%

$10,000

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0.80%

$100,000

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| Jan 12, 2016

Very good bank all the way around glad I found them Read More

0.80%

$10,000

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0.75%

$10,000

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| Aug 1, 2019

Who is the owner now this day. Read More

0.75%

$10,000

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| Nov 7, 2018

now pays 1.46% Read More

0.75%

$100,000

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0.75%

$100,000

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0.75%

$10,000

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0.75%

$10,000

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0.70%

$10,000

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0.70%

$1,000

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0.70%

$1,000

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0.70%

$1,000

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0.70%

$1,000

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0.70%

$10,000

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0.70%

$10,000

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0.70%

$10,000

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0.70%

$100,000

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0.70%

$10,000

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0.70%

$10,000

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0.70%

$100,000

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0.67%

$10,000

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0.65%

$10,000

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0.65%

$10,000

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0.65%

$10,000

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0.65%

$10,000

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| Jan 12, 2016

Very good bank all the way around glad I found them Read More

0.61%

$10,000

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0.60%

$100,000

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0.60%

$1,000

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0.60%

$100,000

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| Aug 1, 2019

Who is the owner now this day. Read More

| Jul 30, 2021

I have banked here for years and will continue to.I have never had any problems and the staff is always respectful,polite,helpful and knowlegable.Thankyou Read More

0.60%

$100,000

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0.60%

$10,000

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0.60%

$10,000

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0.60%

$10,000

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| Feb 17, 2022

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

0.60%

$100,000

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0.60%

$10,000

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0.60%

$10,000

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0.60%

$100,000

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0.55%

$100,000

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0.55%

$100,000

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| 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

0.55%

$10,000

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0.55%

$100,000

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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

| Aug 23, 2021

11 years or so ago, when I first opened an account, it was a nice community oriented bank you could go to for help. Now they only seem to want to help themselves and the already wealthy get wealthier. Read More

0.55%

$10,000

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0.50%

$1,000

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0.50%

$1,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$100,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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| Aug 25, 2022

My family and I have used American Heritage Bank for years, I have had auto loans with them always paid them off, I have one right now, however during this pandemic I got behind a little I got caught up, b... Read More

0.50%

$10,000

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0.50%

$10,000

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0.50%

$100,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$10,000

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0.50%

$100,000

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0.45%

$10,000

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0.45%

$10,000

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0.45%

$1,000

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0.45%

$100,000

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0.45%

$100,000

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0.45%

$100,000

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0.45%

$1,000

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0.45%

$100,000

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0.45%

$10,000

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0.45%

$10,000

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| Jan 16, 2023

Great small town bank. Read More

0.45%

$10,000

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0.45%

$10,000

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| Jul 1, 2021

What day of the month do you report to the credit bureaus Read More

0.40%

$10,000

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0.40%

$1,000

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0.40%

$10,000

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0.40%

$10,000

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0.40%

$10,000

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0.40%

$1,000

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0.40%

$10,000

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0.40%

$10,000

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0.40%

$100,000

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0.40%

$10,000

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| Apr 22, 2022

I am considering finding another bank to do business with Read More

0.40%

$10,000

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0.40%

$10,000

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0.40%

$100,000

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| Dec 30, 2019

Disappointing. My family has been working through McClain bank for a number of services over the years. We've overlooked many mistakes that have been made, but are not going to overlook the terrible custom... Read More

0.40%

$10,000

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| Nov 13, 2021

Won't choose this bank ever Read More

0.38%

$10,000

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0.35%

$10,000

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0.35%

$10,000

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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

0.35%

$10,000

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| 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

0.35%

$1,000

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0.35%

$10,000

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| Apr 22, 2022

I am considering finding another bank to do business with Read More

0.35%

$10,000

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0.35%

$10,000

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0.35%

$10,000

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0.35%

$10,000

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0.35%

$1,000

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0.35%

$100,000

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| Nov 19, 2023

The people at MCNB are nothing but idiotic childish nuts, especially that woman who runs the Valliant branch. She is unprofessional and is a jerk, and not only a jerk, a fruitcake who is suffering from a m... Read More

0.32%

$10,000

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0.30%

$250

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0.30%

$100,000

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| Jan 12, 2023

so really, I know that 0 real shits are given but the chance at persuading even a single person would make this worth my while and granted everyone's experience is not the same. I've been doing business ... Read More

0.30%

$10,000

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0.30%

$10,000

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| Jun 1, 2020

UMB does not honor the rate posted here! Read More

| Feb 17, 2022

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

0.30%

$10,000

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0.30%

$10,000

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0.30%

$1,000

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0.30%

$10,000

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0.30%

$10,000

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0.30%

$10,000

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0.30%

$100,000

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0.30%

$1,000

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0.30%

$10,000

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| Nov 19, 2023

The people at MCNB are nothing but idiotic childish nuts, especially that woman who runs the Valliant branch. She is unprofessional and is a jerk, and not only a jerk, a fruitcake who is suffering from a m... Read More

0.25%

$1,000

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0.25%

$10,000

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0.25%

$10,000

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0.25%

$10,000

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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

0.25%

$10,000

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0.25%

$10,000

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0.25%

$10,000

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0.25%

$10,000

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0.20%

$10,000

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0.20%

$10,000

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| Dec 30, 2019

Disappointing. My family has been working through McClain bank for a number of services over the years. We've overlooked many mistakes that have been made, but are not going to overlook the terrible custom... Read More

0.20%

$10,000

-

Learn More

| Jan 20, 2024

I recently had the pleasure of banking with Old Glory, and I must say it's a refreshing experience to find a financial institution that aligns with American values. The commitment to upholding Judeo-Christ... Read More

| May 29, 2020

Dua Read More

| 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

| 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

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0.15%

$10,000

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0.15%

$10,000

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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

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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

0.01%

$100,000

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0.00%

$10,000

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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

Certificates of Deposit - Branch Banks 2024

A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

CD Terms

The time period in which money is held in a certificate of deposit is called the term. Terms can run for any period of time but in general, banks use the following terms: 3 months, 6 months, 12 months, 18 months, 24 months, 36 months, 48 months, and 60 months. Terms can either be described in months or years. The term that is right for each individual depends on their goals, the rate they which to earn, and their future plans for the money. In general, if rates are going up, savers should avoid putting the money into a long-term CD. If rates are going down, then the opposite is true, and savers should try and lock into a good rate for an extended period of time. In stable rate environments, CDs that are over 12 months in length can enable depositors to pick up a slight premium over savings accounts.

CD Risk

Almost all banks provide CDs to their consumers and they have been a mainstay of savers and retirement accounts for years. If FDIC insured, the CD represents a safe place to put money that will generate a predictable return.

Inflation is the main risk of a CD. Inflation can often run higher than the inflation adjusted return on a CD, thus eroding the value of the money stored in the CD over time. This is especially true for longer-term CDs opened in low interest rate environments.

How Interest is Paid

The method of distributing the interest earned on a CD varies by bank. Some banks pay interest monthly, other semi-annually, and others at the maturity of the CD. One advantage of a branch-based bank is that a depositor can walk into the bank and receive their interest that day in the form of a check. Online banks tend to use electronic funds transfer or check via mail.

Interest Rate

Since the financial crisis in 2008, CDs have become less popular because the yields they offer have dropped precipitously, making it difficult for retirees and savers to generate sufficient income. But investors looking for a place to stash some cash might still find CDs an attractive place for some of their savings. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

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.

ADVANTAGES AND DISADVANTAGES

The advantages of a Certificate of Deposit from a branch 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 branch-based CDs are:

  • The deposited money is committed for a certain period of time and can only be withdrawn with substantial penalties.
  • One year CDs from branch banks often pay less interest than from online banks. Please see those rates here.

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