Best 6-Month CD Rates in Milwaukee, Wisconsin

4.0
Our Rating

Bank or Credit Union Name: Superior Choice Credit Union

Minimum Amount: $500

APY / Rate: 5.65% APY

Pros:

  • A 7-month term deposit with Superior Choice Credit Union is eligible for a high APY of 5.65%.
  • The $500 minimum deposit required to open an account is quite low when compared to other high-yield to savings options.
  • Anyone who has $5 or more in a savings account and to pays a $8 membership fee to the nonprofit American Consumer Council is eligible to join Superior Choice Credit Union.

Rules:

  • The account can be closed at any moment, although early withdrawals are subject to a six-month interest charge.
  • There is no option to shorten or extend the deposit’s term once the account has been set up; it is automatically set at 7 months.
4.0
Our Rating

Bank or Credit Union Name: NASA Federal Credit Union

Minimum Amount: $10,000

APY / Rate: 5.65% APY

Pros:

  • The NASA Federal Credit Union’s optimal APY is 5.6% for deposits that must be $10,000 or more.
  • Several kinds of financial services and products, such as loans, credit cards, checking, and savings accounts, are offered by the credit union.
  • The NASA Federal Credit Union is a well-known organization with a history of helping persons working in the aerospace industry.

Rules:

  • The minimum deposit needed to earn the claimed APY is $10,000, and then the 5.65% APY is only available for a 12-month term deposit. Early withdrawal from the account is permitted, but there is a penalty of 180 days of dividends on the amount removed.
  • Only those connected to NASA, the National Space Society, or other exclusive organizations, or who reside in certain areas of Maryland, Virginia, or Washington, D.C. and work, worship, or attend school there, are eligible to join NASA Federal Credit Union.
4.0
Our Rating

Bank or Credit Union Name: Bellco Credit Union

Minimum Amount: $500

APY / Rate: 5.50% APY

Pros:

  • For a 6-month term deposit, Bellco Credit Union provides a success APY of 5.50%.
  • When compared to other high-yield savings options, the $500 minimum deposit needed to create an account is somewhat modest.
  • Anyone who contributes $10 to the Bellco Foundation, pays the $5 one-time application cost, and maintains a minimum balance of $25 in a Bellco savings account is eligible to join Bellco Credit Union.

Rules:

  • Only a 6-month term deposit qualifies for the claimed APY of 5.50%.
  • A 3-month interest penalty applies to early withdrawals from the account, which are permitted.
4.0
Our Rating

Bank or Credit Union Name: Mountain America Credit Union

Minimum Amount: $500

APY / Rate: 5.50% APY

Pros:

  • For a 6-month term deposit, Mountain America Credit Union offers a competitive APY of 5.50%.
  • Compared to other high-yield savings choices, the $500 minimum deposit needed to create an account is very low.
  • Anyone can become a member of Mountain America Credit Union by becoming a $5 member of the nonprofit American Consumer Council and keeping a minimum of $5 in a savings account.

Rules:

  • Only a 6-month term deposit qualifies for the claimed APY of 5.50%.
  • There is a 3-month interest penalty for early withdrawals from the account, which is permitted.
4.0
Our Rating

Bank or Credit Union Name: TotalDirectBank

Minimum Amount: $25,000

APY / Rate: 5.36% APY

Pros:

  • TotalDirectBank provides an outstanding APY of 5.36% for a 6-month term deposit.
  • The minimal deposit required to open the account is only $25,000, which is quite low.
  • Customers of TotalDirectBank have no trouble accessing their accounts from any location with an Internet connection because the company just operates online.

Rules:

  • It is possible to remove money from the account early, but there is a penalty of one month’s interest.
  • Only 6-month term deposits qualify for the 5.36% annual percentage yield.
4.0
Our Rating

Bank or Credit Union Name: MYSB Direct

Minimum Amount: $500

APY / Rate: 5.35% APY

Pros:

  • A savings account with a high APY of 5.35% offers a very competitive rate that can help you increase the interest you earn on your money.
  • Compared to several other high-yield savings accounts, the $500 minimum deposit requirement is rather low.
  • Because MYSB Direct is an online bank, you may conveniently manage your account from any location with Internet access.

Rules:

  • It is essential to keep in mind that the 5.35% APY is a promotional rate, which means it can only be accessible for a short amount of time and is dependent to change once the promotional period has passed.
  • Check the exact account terms and conditions because there can be restrictions on how many withdrawals or transfers you can make each month, as there are with most savings accounts.

Best 12-Month CD Rates in Milwaukee, Wisconsin

4.0
Our Rating

Bank or Credit Union Name: Canadian Imperial Bank USA

Minimum Amount: $25,000

APY / Rate: 5.36% APY

Pros:

  • A high APY of 5.36% is available from Canadian Imperial Bank USA on deposits of at least $25,000.h
  • The bank is a division of the Canadian Imperial Bank of Commerce, one of the largest banks in Canada.
  • The financial services and goods offered by Canadian Imperial Bank USA include checking and savings accounts, loans, and credit cards.

Rules:

  • The APY of 5.36% is only available for 6-month term deposits, and a minimum deposit of $25,000 is needed to earn the advertised APY.
  • An early withdrawal from the account is permitted, but there is a 90-day interest penalty on the amount taken out.
4.0
Our Rating

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10,000

APY / Rate: 5.35% APY

Pros:

  • When you deposit $10,000 or more, Popular Direct offers a competitive APY of 5.35%.
  • Customers can control their accounts from anywhere with an Internet connection since the bank is an entirely online business.
  • Popular Direct offers a range of financial services and products, including certificates of deposit, savings accounts, and money market accounts.

Rules:

  • The advertised APY has a $10,000 minimum deposit requirement and is only valid for 6-month term deposits to qualify for the 5.35% APY.
  •  An early withdrawal from the account is permitted, but there is a 90-day interest penalty on the amount taken out.
4.0
Our Rating

Bank or Credit Union Name: Rising Bank, a division of Midwest BankCentre

Minimum Amount: $10,000

APY / Rate: 5.30% APY

Pros:

  • For deposits of $10,000 or more, Rising Bank offers a competitive APY of 5.30%.
  • Because the bank exclusively operates online, clients may conveniently manage their accounts from any location with an Internet connection.
  • The majority of the financial services and goods that Rising Bank offers are certificates of deposit, money market accounts, and savings accounts.

Rules:

  • The APY of 5.30% is only available for 6-month term deposits, and the minimum deposit needed to earn the advertised APY is $10,000.
  • Early account withdrawals are permitted, however, there is a 180-day interest penalty on the amount taken out.
4.0
Our Rating

Bank or Credit Union Name: LendingClub

Minimum Amount: $2,500

APY / Rate: 5.30% APY

Pros:

  • For deposits of $2,500 or more, LendingClub gives a competitive annual percentage yield (APY) of 5.30%.
  • Customers at the bank can control their accounts from any location with an Internet connection because it only operates online.
  • A few of the financial services and goods that LendingClub offers are personal loans, high-yield savings accounts, and auto refinancing.

Rules:

  • The advertised APY is open to a $2,500 minimum deposit requirement and The 12-month term deposit is the only one that offers the 5.30% APY.
  • An early withdrawal from the account is permitted, but there is a 90-day interest penalty on the amount taken out.
4.0
Our Rating

Bank or Credit Union Name: CFG Bank

Minimum Amount: $500

APY / Rate: 5.25% APY

Pros:

  • A competitive APY of 5.25% is available from CFG Bank for deposits of $500 or more.
  • The local bank provides individualized service along with a selection of financial goods and services.
  • CFG Bank offers a variety of deposit products, including savings accounts, money market accounts, checking accounts, and certificates of deposit (CDs).

Rules:

  • The 5.25% APY is only available for 12-month term deposits, and the minimum deposit needed to obtain the advertised APY is $500.
  • Though early withdrawals from the account are permitted, there is a penalty of 180 days’ supply of interest on the amount taken out.
4.0
Our Rating

Bank or Credit Union Name: Limelight Bank, A division of Capital Community Bank

Minimum Amount: $1,000

APY / Rate: 5.25% APY

Pros:

  • A savings account with a competitive rate like the high APY of 5.25% will help you increase the interest you receive on your money.
  • Compared to other high-yield savings accounts, the $1,000 minimum deposit requirement can be fairly modest.
  • Capital Community Bank, a reputable institution with a long history, owns Limelight Bank as a division.

Rules:

  • It’s important to take into account that the 5.25% APY is a promotional rate, which means that it might only be accessible for a short amount of time and may change following the promotional period has ended.
  • Check the individual account terms and conditions before making any withdrawals or transfers because there can be restrictions, like with most savings accounts, on how many you can do each month.

Best 24-Month CD Rates in Milwaukee, Wisconsin

4.0
Our Rating

Bank or Credit Union Name: Idabel National Bank

APY / Rate: 4.85%

APY / Rate: 5.20%

Pros:

  • Idabel National Bank offers some of the highest APYs on CDs in the country. For example, its 24-month CD currently has an APY of 4.85%.
  • Idabel National Bank has low minimum deposits for its CDs. For example, its 24-month CD has a minimum deposit of just $1.
  • Idabel National Bank does not charge any fees for its CDs. This includes fees for early withdrawal, ATM withdrawals, and maintenance.

Rules:

  • If you close the account before the term is up, you may have to pay an early withdrawal penalty.
  • The account must be in good standing.
  • The account must be FDIC insured.
4.0
Our Rating

Bank or Credit Union Name: Bread Savings

Minimum Amount: $1,500.00

APY / Rate: 5.00%

Pros:

  • FDIC insured up to $250,000.
  • No monthly maintenance fees.
  • The interest rate is compounded daily, so you earn interest on your interest.
  • You can open a CD online or at any Bread Savings™️ branch.
  • You can set up automatic transfers from your checking account to your CD.

Rules:

  • Minimum deposit of $1500.
  • There is a 90-day early withdrawal penalty if you withdraw your money before maturity.
  • The interest rate is subject to change.
4.0
Our Rating

Bank or Credit Union Name: Marcus by Goldman Sachs

Minimum Amount: $500.00

APY / Rate: 4.85%

Pros:

  • FDIC insured.
  • No monthly maintenance fees.
  • The interest rate is compounded daily, so you earn interest on your interest.
  • You can open a CD online or through the Marcus by Goldman Sachs app.
  • You can set up automatic transfers from your checking account to your CD.

Rules:

  • There is a 90-day early withdrawal penalty if you withdraw your money before maturity.
  • The interest rate is subject to change.

Best 60-Month CD Rates in Milwaukee, Wisconsin

4.0
Our Rating

Bank or Credit Union Name: Self-Help Federal Credit Union

Minimum Amount: $500.00

APY / Rate: 4.65%

Pros:

  • Higher rates on longer terms
  • Terms from 3 months to 5 years
  • No overdraft fees.
  • All term certificates are NCUA- insured

Rules:

  • The account must be in good standing.
  • The account must be open for the entire term.
  • There is a 90-day early withdrawal penalty for terms of 12 months or less, and a 180-day early withdrawal penalty for terms greater than 12 months.
4.0
Our Rating

Bank or Credit Union Name: Landmark Credit Union (WI)

Minimum Amount: $500.00

APY / Rate: 5.00%

Pros:

  • A new member must open a VIP Savings Account with a minimum of $5 to establish a membership with Landmark.
  • Accounts can be opened online or at any of our local branch locations.
  • Landmark Credit Union is also federally insured by the NCUA

Rules:

  • Dividends are paid on the entire daily balance whenever it is $2,500 or more.
  • APY may range from 7.50% – .11% on balances over $500.
  • Account cannot be opened online and must be opened within the branch.
  • There is a penalty for early Certificate withdrawal.
  • Premium Checking base rate is 0% APY. Premium Checking Accounts with e-statements (valid email address required) and direct deposit earn 7.50% APY on balances up to $500. APY may range from 7.50% – .11% on balances over $500. Direct deposit is defined as a minimum of $250 per month in ACH deposits, which may include payroll, pension or government benefit payments. One Premium Checking Account per member.
4.0
Our Rating

Bank or Credit Union Name: Bank Five Nine (WI)

Minimum Amount: $500.00

APY / Rate: 4.00%

Pros:

  • Low minimum daily balance
  • Competitive interest
  • $300 cash reward when you open a checking account with qualifying activity*
  • Unlimited check writing plus first order of checks are free
  • Online banking, bill pay, mobile banking with check deposit, eStatements, and low balance alerts are free
  • Debit card included with access to 600+ free ATMs statewide

Rules:

  • An active Bank Five Nine consumer checking account is required to receive higher APYs for Special Relationship pricing.
  • Fees may reduce earnings.
  • A penalty may be imposed for early withdrawal from the accounts listed unless otherwise noted.
  •  Offer valid to consumer accounts only.
  • Bank Five Nine does not generally accept institutional or brokered deposits to any of our deposit products.

Local banks in Milwaukee include the following: