Best 6-Month CD Rates in West Virginia

4.0
Bankrate Score

Bank or Credit Union Name: Bask Bank

Minimum Amount: $1000.00

APY / Rate: 4.45% APY

Pros:

  • FDIC Approved Bank
  • Terms available from 6-24 months
  • Top-tier APY rate with secured return guaranteed
  • Customer-friendly terms

Rules:

  • New customers have to open an account with the bank before investing in Bask Bank’s CDs.
  • CDs can be opened at the bank as well as online
  • The minimum deposit amount of $1000 must be deposited to the account within 10 days of account opening
  • Early withdrawal is subject to a penalty.
  • Investors can withdraw the interest credited to the account without any penalty.
  • There is a 10 days grace period after maturity to make additional deposits to the CD.
4.0
Bankrate Score

Bank or Credit Union Name: First Internet Bank of Indiana

Minimum Amount: $1000.00

APY / Rate: 4.39% APY

Pros:

  • Online-only CD options are available
  • Highly competitive CD rates in a 1-year term
  • Early withdrawal penalties are decent
  • FDIC-insured bank with investment covered to the max
  • Terms ranging from 3 months to 5 years

Rules:

  • Interest on CDs is compounded monthly and added to the account at the month’s end.
  • Early withdrawal incurs a penalty amounting to:
    1- 90 days interest for a 3-month term
    2- 180 days interest for a 6-18 month term
    3- 365 days interest for 24-60 month term
4.0
Bankrate Score

Bank or Credit Union Name: Synchrony BanK

Minimum Amount: $0.1

APY Rate: 3.50% APY

Pros:

  • No monthly fees on savings account
  • Competitive rates on savings and CDs
  • Access your account 24/7 from desktop or mobile.
  • All deposits are FDIC-insured.

Rules:

  • The penalty is 730 days of simple interest
  • Interest earned may vary
  • fees may reduce the aggregate balance on the account.
  • minimum deposit of $10,000 is required for all CDs.

Best 12-Month CD Rates in West Virginia

4.0
Bankrate Score

Bank or Credit Union Name: CFG Community Bank

Minimum Amount: $500

APY / Rate: 4.85% APY

Pros:

  • The high yield rate of interest
  • A decent minimum amount required
  • FDIC-insured banking option
  • Strong customer support system

Rules:

  • To open a CD an investor can approach the bank online or in-branch.
  • The minimum deposit allowed in a CD is $500 and the maximum limit is set at $250,000.
  • The interest on the CD is compounded monthly.
  • Premature withdrawal from the CD is subject to a penalty.
4.0
Bankrate Score

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10000

APY / Rate: 4.80%

Pros:

  • Highly competitive rates for 6-month CDs
  • 24/7 access to the bank account
  • No hidden fees or charges
  • Customer support for all sorts of queries and concerns
  • FDIC-insured bank up to maximum

Rules:

  • APY can be earned assuming the interest and the principal remains on deposit until maturity.
  • Interest is compounded monthly and added to the account at the end of the month.
  • Early withdrawal fetches a penalty and there is a grace period after maturity to add additional funds to the CD
4.0
Bankrate Score

Bank or Credit Union Name: Ivy Bank

Minimum Amount: $1000

APY / Rate: 4.85% APY

Pros:

  • FDIC-insured bank up to maximum
  • With a quick and easy application process,

Rules:

  • Minimum opening deposit of $1,000.
  • The Annual Percentage Yield (APY) is based on monthly compounding with funds held to maturity. $10 minimum daily balance required to earn APY.
  • Additional deposits are not permitted. Substantial penalties for early withdrawal may be imposed.
  • Ivy Bank and Cambridge Savings Bank are treated as the same entity for the purposes of calculating FDIC insurance limits.
  • The National Certificates of Deposit Average is calculated monthly by the Federal Deposit Insurance Corporation (FDIC) and can be found on FDIC.gov.

Best 3 Years CD Rates in West Virginia

4.0
Bankrate Score

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10000

APY / Rate: 4.60% APY

Pros:

  • Highly competitive rates for 6-month CDs
  • 24/7 access to the bank account
  • No hidden fees or charges
  • Customer support for all sorts of queries and concerns
  • FDIC-insured bank up to maximum

Rules:

  • APY can be earned assuming the interest and the principal remains on deposit until maturity.
  • Interest is compounded monthly and added to the account at the end of the month.
  • Early withdrawal fetches a penalty and there is a grace period after maturity to add additional funds to the CD
4.0
Bankrate Score

Bank or Credit Union Name: CFG Bank

Minimum Amount: $500

APY / Rate: 4.60% APY

Pros:

  • The high yield rate of interest
  • A decent minimum amount required
  • FDIC-insured banking option
  • Strong customer support system

Rules:

  • To open a CD an investor can approach the bank online or in-branch.
  •  The minimum deposit allowed in a CD is $500 and the maximum limit is set at $250,000.
  • The interest on the CD is compounded monthly.
  • Premature withdrawal from the CD is subject to a penalty.
4.0
Bankrate Score

Bank or Credit Union Name: Bread Savings

Minimum Amount: $1500

APY / Rate: 4.50% APY

Pros:

  • Excellent for earning a competitive interest rate on a savings account or CD.
  • Without monthly services.
  • Free domestic incoming wire transfers on savings account

Rules:

  • APYs are subject to change at any time without notice
  •  The penalty will be applied for early withdrawals on CDs
  • At maturity, your CD will automatically renew and earn the base interest rate
4.0
Bankrate Score

Bank or Credit Union Name: Merrick Bank

Minimum Amount: $25000

APY: 4.40% APY

Pros:

  • Excellent for earning a competitive interest rate on a savings account or CD.
  • Without monthly services.
  • Free domestic incoming wire transfers on savings account

Rules:

  • APYs are subject to change at any time without notice
  • The penalty will be applied for early withdrawals on CDs
  • At maturity, your CD will automatically renew and earn the base interest rate

Best 5 Years CD Rates in West Virginia

4.0
Bankrate Score

Bank or Credit Union Name: Freedom Credit Union

Minimum Amount: $500

APY / Rate: 4.85%

Pros:

  • Free High-Yield Checking Accounts.
  • Competitive Rates and Low Fees.
  • Robust Online and Mobile Banking Options.
  • 80,000+ No Fee ATMs.
  • Skip-A-Pay Options on Your Loan
  • Free Financial Seminars and Education
  • Exclusive Discounts.
  • Outstanding Customer Service that Only a Credit Union Can Offer.

Rules:

  • $500 minimum requirement to open and a minimum balance requirement of $500 to earn the advertised annual percentage yield. A penalty will be imposed for early withdrawal. Effective fees may reduce dividend earned.
  • 15 Month Special rate promotion subject to end without notice.
  • There is a $5 minimum balance requirement to open the account and that minimum balance must be maintained to earn the advertised annual percentage yield.
  • The dividend rate and annual percentage yield may change at any time, as determined by the Credit Union Board of Directors.
4.0
Bankrate Score

Bank or Credit Union Name: CFG Bank

Minimum Amount: $500

APY / Rate: 4.50% APY

Pros:

  • The high yield rate of interest
  • A decent minimum amount required
  • FDIC-insured banking option
  • Strong customer support system

Rules:

  • To open a CD an investor can approach the bank online or in-branch.
  •  The minimum deposit allowed in a CD is $500 and the maximum limit is set at $250,000.
  • The interest on the CD is compounded monthly.
  • Premature withdrawal from the CD is subject to a penalty.
4.0
Bankrate Score

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10000

APY / Rate: 4.55% APY

Pros:

  • Highly competitive rates for 6-month CDs
  • 24/7 access to the bank account
  • No hidden fees or charges
  • Customer support for all sorts of queries and concerns
  • FDIC-insured bank up to maximum

Rules:

  • APY can be earned assuming the interest and the principal remains on deposit until maturity.
  • Interest is compounded monthly and added to the account at the end of the month.
  • Early withdrawal fetches a penalty and there is a grace period after maturity to add additional funds to the CD

National CD Rates

Average CD Rates

1-YEAR CD 1.82%
2-YEAR CD 1.75%
6-MONTH CD 2.10%
5-YEAR CD 2.47%
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