Highest CD Rates in Arizona
This time, in our local look at highest CD rates, we here at Highest CD Rates Info are looking at one of the most competitive certificate of deposit areas in the nation. Arizona CD rates are almost always very competitive. We’ll rank them by term and then annual percentage yield (APY).
1 Year Term Best CD Rates in Arizona
Both AmTrust and Washington Federal have 2.00% APY offers with a $1,000 minimum deposit required for this term. Next is IronStone Bank with a 1.50% APY and a $500 minimum deposit followed by M&I Bank and Wachovia Bank at 0.80% APY and a $1,000 minimum depsoit requirement.
3 Year Term Highest CD Rates in Arizona
Current CD rates for this term show Washington Federal at 2.75% APY with their $1,000 minimum. IronStone and AmTrust Bank are next at 2.50% APY with a $500 and $1,000 minimum deposit requirement (respectively). Finally, Bank of America has a 1.75% APY with a $1,000 minimum requirement for this term.
5 Year Arizona CD Rates
The best CD rates in Arizona for this term are at IronStone Bank and Washington Federal, both with a competitive 3.25% APY and a $500 and $1,000 minimum deposit requirement (respectively). Much lower are current CD rates from Bank of America at 1.85% APY ($1,000 minimum) and Irwin Union Bank at 1.76% APY and a $500 minimum deposit requirement.
6 Month Term Best CD Rates in Arizona
For this popular short term, the highest CD rates in Arizona are at Washington Federal with a 1.90% APY offer and a $1,000 minimum deposit requirement. AmTrust then has a 1.60% APY with a $1,000 minimum and IronStone Bank has a 1.00% APY with a $500 minimum deposit required.
All banks listed are FDIC insured.