Highest CD Rates in Mississippi
We’re continuing our look at local and regional certificate of deposit rates here at Highest CD Rates Info. Today, we’re going to look at the current CD rates available in Mississippi. We’ll show you the best CD rates in Mississippi right now, where to get them, and how to take advantage of them.
As usual, the rates will be grouped by term and then ranked by annual percentage yield (APY) with the highest CD rates first. Other information such as minimum deposit requirement will also be included.
1 Year Term Highest CD Rates in Mississippi
MetLife Bank has the highest CD rates right now at 2.00% APY for this term with a $25,000 minimum deposit requirement. Discover has a 1.95% APY with a $2,500 minimum deposit requried and Bancorp South Bank has a 1.65% APY with a $5,000 minimum required. Peoples Bank has 1.55% APY and Hancock Bank has a 1.50% APY and both have a $1,000 minimum deposit requirement.
3 Year Term Mississippi CD Rates
For this term, current CD rates are highest at Discover Bank with a 2.75% APY and a $2,500 minimum deposit requirement. Hancock Bank has a 2.26% APY with a $1,000 minimum deposit. Bankcorp South Bank and MetLife Bank both have a 2.25% APY offer with a $5,000 and $25,000 minimum deposit required, respectively.
5 Year Term Best CD Rates in Mississippi
This popular investment term has Mississippi CD rates highest at Discover Bank, which blows others out of the water with a 3.35% APY and a $2,500 minimum deposit requirement. The closest in line is Trustmark National with a 2.75% APY and a $1,000 minimum deposit while Bancorp South Bank has a 2.65% APY and a $5,000 minimum deposit required. Peoples Bank is worth mentioning at 2.60% APY as well, with a $1,000 minimum.
All banks listed are FDIC insured. Rates change often, so if any of these highest CD rates in Mississippi appeal to you, lock yours in now.