Highest CD Rates in Hawaii
This last of our current series (more are to come soon) of looks at current CD rates around the nation, regionally, will take us to the sandy beaches of Hawaii. We here at Highest CD Rates Info wanted to spend a fair amount of time analyzing the beaches…I mean the best CD rates in Hawaii for you. Here are our results.
These are organized by term length and then ranked by annual percentage yield (APY) and include information on minimum deposit requirements and any special terms required.
1 Year Term Hawaii CD Rates
Once again, MetLife is at the top for this term with a 2.00% APY and a $25,000 minimum deposit requirement. Next is Central Pactific Bank at a 0.60% APY and a $500 minimum with Bank of Hawaii coming in at 0.50% APY and having a $2,500 minimum deposit requirement.
3 Year Term Highest CD Rates in Hawaii
Again, MetLife dominates with a 2.25% APY and that $25,000 minimum deposit requirement. Bank of Hawaii comes in with a 1.15% APY and a $2,500 minimum deposit. First Hawaiian Bank has a 0.95% APY and a $1,000 minimum deposit required and Central Pacific is worth mentioning at 0.90% APY with a low $500 minimum.
5 Year Term Best CD Rates in Hawaii
The highest CD rates are still at MetLife Bank with a 2.25% APY for this popular investment term, though a $25,000 minimum deposit is required. Bank of Hawaii has a 1.40% APY with a $2,500 minimum deposit required. Central Pacific and First Hawaiian Banks both have a 1.25% APY with a $500 and $1,000 minimum requirement respectively.
All banks listed are FDIC insured. The highest CD rates in Hawaii are likely to change often, so lock yours in now if you see one that appeals to you.