Best CD Rates in Colorado | Banks & Credit Unions | November 2020

CDs are an incredibly great way to invest your money. They are very safe, and you cannot lose money off of your initial balance. They can also offer some very good returns if you know where to look. So, it is definitely worth looking into.  Lucky for you If you live in Colorado, you have access to some of the best CD rates in the country. Here are five great CD rates that you should look into if you live in Colorado.

Yampa Valley Bank Offers 1.05% Rates

  • Maturity: 48 Months
  • Minimum: $1,000
  • APR: 1.05%

Yampa Valley Bank offers some of the best CD rates in Colorado. This rate is well over 1%, which can be hard to come by. It also only requires $1,000 initial balance in order to get started. This CD is subject to an early withdrawal penalty.

600 South Lincoln Avenue, Steamboat Springs, CO 80477

Champion Bank CD Rates up to 0.90% APY

  • Maturity: 5 Years
  • Minimum: $1,000
  • APR: 0.90%

Champion Bank offers some very competitive rates on their CDs. This 5-year CD offers almost a 1% interest rate. The term is long at 5 years. So, this would be a great place to keep your money for an extended period of time. You will also need $1,000 as a minimum initial deposit.

16790 Centre Court, Parker, CO 80134

Beal Bank USA Offers 0.51% for 12-Month CD w/ $1,000 Min

  • Maturity: 12-month
  • Minimum: $1,000
  • APR: .51%

This CD has a great rate with a short-term. With only a 12-month CD you can get a rate at .51%. Typically, you will be earning a lower rate with a shorter CD term, but the advantage is you get to withdraw your money much sooner. The minimum deposit for this CD is $1,000. This would be a great CD if you are looking for somewhere to park your money short term. This CD is subject to an early withdrawal penalty.

1970 Village Center Circle, Ste 1, Las Vegas, NV 89134

America Bank of Commerce Offers Outstanding 2.37% APY CD Rate

  • Maturity: 60-month
  • Minimum: $1,000
  • APR: 2.37%

America Bank of Commerce CD offers an extremely high rate. This is partially because of the length of the CD. Usually the longer the CD the higher the rate. You will have to be willing to put down at least $1,000. This CD also has a long term at 60-months. I would highly recommend this CD if you are wanting to really make some money over the long term. This CD is subject to an early withdrawal penalty.

U.S. Highway 82 And Loop 193, Wolfforth, TX 79382

Century Savings and Loans Association – 0.85% APY CD

  • Maturity: 3-year
  • Minimum: $1,000
  • APR: .85%

Century Savings and Loans Association CD offers a great rate and is a great middle ground. This CD has a term that is very much in the middle of what most companies offer. Even though that is the case it does offer a strong rate at .85% It isn’t too long or too short. It does still require a $1,000 initial deposit. This CD is subject to an early withdrawal penalty.

233 East Main St, Trinidad, CO 81082