Highest CD Rates in Louisiana
As we progress through the states, looking at regional certificate of deposit rates, we here at Highest CD Rates Info are interested in finding the best CD rates in Louisiana. The current CD rates there are growing as the economic recovery commences in the state.
As usual, we’ll go through popular terms and sort results by annual percentage yield (APY) and include any information like minimum deposits and such that are needed.
1 Year Term Highest CD Rates in Louisiana
For this term, Fidelity Homestead Savings Bank has the best APY at 1.75% with a $1,000 minimum deposit requirement. Whitney National Bank comes in at 1.00% APY with a $1,000 minimum and Chase Bank comes in at a (paltry) 0.20% APY with the same $1,000 minimum requirement.
3 Year Term Louisiana CD Rates
The rates for this term are a little better with Fidelity Homestead Savings Bank having a 3.00% APY with that $1,000 minimum requirement. Whitney National Bank has a 1.50% APY with a $1,000 minimum and Chase Bank brings it up with a 0.75% APY and the same $1,000 minimum.
5 Year Term Best CD Rates in Louisiana
Fidelity Homestead Savings Bank has a 3.25% APY offer for this popular long term and requires only a $1,000 minimum deposit. No other bank offers anything above 2.0% APY here, so a national bank is probably a better bet for this term otherwise. Current CD rates are averaging about 2.95% APY for this term, so the highest CD rates outside of Fidelity are not in Louisiana.
6 Month Term Highest CD Rates in Louisiana
For this popular short term, the highest CD rates right now are at Fidelity Homestead Savings at 1.50% APY with their $1,000 minimum deposit requirement. Whitney National Bank has a 1.00% APY with the same $1,000 requirement.
All banks listed are FDIC insured, of course. If any of these best CD rates in Louisiana appeal to you, make sure to lock yours in today. Current CD rates change often and quickly to match the market.