Arvest Bank currently offers residents Missouri, Arkansas, Oklahoma, and Kansas an assortment of productive CD rates. This includes their current top CD rate, which offers a 0.45% APY over the course of  2-year account. To qualify for this kind of account, a member must be able to make a $95,000 (95k) minimum deposit.

At the same time, Arvest Bank also offers several other worthwhile CD rates with differing deposit periods and minimum deposits. For example, a 2-year CD with a minimum deposit of between $10,000 and $49,999 is eligible for a 0.30% APY. Meanwhile, a 6-month CD with a $50,000 to $94,000 minimum deposit can qualify for a 0.25% APY.

Rates effective as of July 29, 2020

Currently, all of the APY rates are below the national average for their CD length. However, as a tradeoff, they do allow for accrued interest to be withdrawn before the account reaches maturity. They also offer fairly straightforward domestic wire transfer fees at $10 and $25 for inbound and outbound transfers, respectively.

terms and conditions

Arvest Bank also offers a variety of checking and Money Market accounts to qualified members. With a minimum balance of $50, Arvest allows checking members to earn a 0.05% APY, for example. Meanwhile, this bank’s best APY rate on a Money Market account stands at 0.25% APY for $5,000,000 minimum deposit.


Arvest Bank makes the majority of its accounts available to personal and business members in Missouri, Kansas, Oklahoma, and Arkansas. Specifically, Arvest allows citizens of those states to begin the account approval process online or at one of their following branches:

Branches in Missouri

Anderson, Aurora, Belton, Branson, Branson West, Carthage, Cassville, Gladstone, Hollister, Independence, Joplin, Kansas City, Kimberling City, Lamar, Lebanon, Lees Summit, Lockwood, Marshfield, Monett, Mountain Grove, Neosho, Nevada, Nixa, Noel, Shell Knob, Springfield, Webb City, West Plains

Branches in Oklahoma

Ada, Bartlesville, Broken Arrow, Broken Bow, Catoosa, Chickasha, Choctaw, Coweta, Del City, Dewey, Duncan, Edmond, Elgin, Eufaula, Grove, Idabel, Jay, Jenks, Kansas, Lawton, Miami, Midwest City, Moore, Muskogee, Norman, Nowata, Oklahoma City, Okmulgee, Owasso, Poteau, Pryor, Sallisaw, Sand Springs, Sapulpa, Shawnee, Stillwater, Stilwell, Tahlequah, Tulsa, Vinita, Wagoner, Walters, Westville, Yukon

Branches in Kansas

Leawood, Lenexa, Ottawa, Pittsburg, Caney, Mission, Overland Park, Gardner

Branches in Arkansas

Alma, Ashdown, Bella Vista, Benton, Bentonville, Berryville, Bryant, Bull Shoals, Cabot, Centerton, Clarksville, Conway, De Queen, Dierks, Eureka Springs, Farmington, Fayetteville, Flippin, Fort Smith, Gentry, Glenwood, Gravette, Greenwood, Harrison, Hot Springs, Huntsville, Jacksonville, Jonesboro, Lead Hill, Lincoln, Little Rock, Lonoke, Lowell, Manila, Mena, Monette, Morrilton, Mount Ida, Mountain Home, Nashville, North Little Rock, Paris, Pea Ridge, Prairie Grove, Rogers, Russellville, Sherwood, Siloam Springs, Springdale, Tontitown, Van Buren, Waldron, West Fork, Yellville

Bank Overview

Founded in 1871, Arvest Bank is among the oldest banking institutions in Arkansas. With its headquarters in Fayetteville, this bank is today the 3rd largest in the state of Arkansas. Based upon its current assets, it is also the 90th largest bank in the entire United States. Across its 280 locations in 4 states, this bank has grown to over 6,000 employees as of early 2020.

When it comes to ratings, Arvest Bank currently maintains an overall “A.” This breaks down to several smaller ratings, including an “A+” rating for Deposit Growth. This bank’s Capitalization and Texas Ratio of 4.86% are also strong enough to earn an “A” rating. Arvest’s Texas Ratio Trend has been downward lately, causing it to earn only a “C+” rating in that category.