CD Rates in Sacramento, CA

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Find below our list of the Best CD Rates in Sacramento, California. If you’re looking for the CD rates in California. We’ve updated this page on December 5th, 2022.
Are Sacramento CD Rates Expected to Rise in 2023?
Sacramento CD Rates expectation is that they will slightly rise in the beginning of 2023 as the Fed will continue to raise interest rates. The expectation is that they will fall during summer or later in 2023, as the Fed eases the interest rates.
Best 6-Month CD Rates

Bank or Credit Union Name: Department of Commerce Federal Credit Union
Minimum Amount: $500
APY / Rate: 4.29%
Pros:
- High yield rate
- Low minimum balance required
- CD options available from 6-60 months
- No monthly fees
- Relationship reward benefits additional .25% based on number of products
- NCUA insured
Rules:
- No funds can be added during the term of them CD
- Premature withdrawal incurs a penalty
- Interest is accrued daily and credited to account on monthly basis
- 10 days grace period to make changes in the CD without Penalty

Bank or Credit Union Name: Merrick Bank
Minimum Amount: $25000
APY / Rate: 4.30%
Pros:
- Highest APY rate on 6 month CD
- Excellent customer service
- CD can be opened with Primary account or joint account
- No hidden charges
- FDIC insured investment
Rules:
- Minimum balance requirement is $25000 which must be deposited in one transaction.
- Interest is compounded daily and credited monthly to the account
- A penalty is charged on early withdrawal
- To roll over a CD, there is a grace period of 10 calendar days
Best 12-Month CD Rates

Bank or Credit Union Name: M.Y. Safra Bank
Minimum Amount: $500
APY / Rate: 4.41%
Pros:
- Monthly compounding interest
- Low minimum balance required
- Interest is calculated on deposit until maturity
- FDIC insured savings
Rules:
- Interest is compounded monthly and credited in account at months end
- A penalty is charged on early withdrawal

Bank or Credit Union Name: North American Savings Bank
Minimum Amount: $5000
APY / Rate: 4.29%
Pros:
- Available nationwide
- No hidden fees of maintenance charges
- Free financial and management tools
- FDIC Insured
Rules:
- Fixed interest rate with interest accrued daily and added to the account at the end of month
- Six months interest is charged as penalty on early withdrawal
Best 2-Year CD Rates

Bank or Credit Union Name: KS State Bank
Minimum Amount: $100,000
APY / Rate: 4.73%
Pros:
- Top tier CD rates
- No hidden charges
- Fixed interest rate with monthly compounding
- FDIC insured
- 24-hour telephone banking support
Rules:
- Fixed interest rate compounding monthly
- Unlimited deposits of $100 or more allowed before maturity
- Advance maturity notice sent

Bank or Credit Union Name: Bread Savings
Minimum Amount:$1500
APY / Rate: 4.50%
Pros:
- No hidden fees
- Free online statement and maintenance
- Maximum deposit limit of $1 million per account and $10 million limit per custom
- FDIC insured
Rules:
- Interest is accrued and compounded daily and credited and posted to the account monthly
- 10 days grace period to auto renew or cash out the matured CD
- Penalty on early withdrawals
Best 3-Year CD Rates

Bank or Credit Union Name: CFG Bank
Minimum Amount: $500
APY / Rate: 4.60%
Pros:
- High yield credit deposit option
- Low minimum balance
- No monthly fee
- Interest remains on deposits
Rules:
- Interest is accrued daily and credited to account on monthly basis
- Early withdrawal of interest incurs penalty
- Grace period to auto roll or withdraw on maturity

Bank or Credit Union Name: M.Y. Safra Bank
Minimum Amount: $500
APY / Rate: 4.48%
Pros:
- Top-tier APY rate
- Low minimum balance
- Interest is calculated on deposit until maturity
- FDIC insured
Rules:
- Interest is calculated monthly, compounded and added to the account
- There is a penalty on premature withdrawal
Best 5-Year CD Rates

Bank or Credit Union Name: Bread Savings
Minimum Amount: $1500
APY / Rate: 4.75%
Pros:
- Hassle free account opening
- Competitive rates
- No hidden fees
- Free monthly maintenance
Rules:
- Interest is accrued and compounded daily
- CD is auto renewed on maturity after 10 days of grace period
- Penalty imposed on early withdrawal

Bank or Credit Union Name: Department of Commerce Federal Credit Union
Minimum Amount: $500
APY / Rate: 4.70%
Pros:
- High rate of interest
- Low minimum balance
- No monthly fees
- Relationship reward benefits additional .25% based on number of products
- NCUA insured
Rules:
- Adding funds during the term of CD is not allowed
- Premature withdrawal has a penalty
- Interest is accrued daily and credited to account on monthly basis
- 10 days grace period to make changes in the CD without Penalty
Additional Bank CD Rates in Sacramento
Umpqua CD Rates, from Umpqua Bank is a regional bank with many locations in the greater Sacramento area. Locations include Chico, Sacramento, Roseville, Auburn, and more.