Best CD Rates in West Virginia
Vikram Singh
Best 6-Month CD Rates in West Virginia

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.

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

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

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.

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

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

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

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.

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

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

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.

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.

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