Deal Summary

6-month to 60-month terms available, highest APY is 0.20% and lowest is 0.10% based on length of term, minimum deposits of $1,000 for all terms, partial withdrawals are allowed for all terms besides 1-year CD’s, option to transfer interest earnings to checking/savings account

Republic Bank’s Top CD Rates

Republic Bank has a top CD rate of 0.20% for 36-month and 60-month CD tiers. There is an option to make partial withdrawals throughout the term (with an applicable early withdrawal fee).

You can transfer interest earnings to checking and savings account help with Republic Bank as long as the minimum balance of $1,000 is maintained in the CD.

There is a 10-day period after the maturity of the term to withdraw funds or it automatically renews for the same rate as the previous term.

Interest can be compounded or you can transfer it to a different account. There are options available for the crediting of the interest dividends. Choose between monthly, quarterly, semi-annual, or annual interest payout.

For maximum earnings compound interest earnings rather than withdraw them. Interest is compounded daily.

There are five available terms for CD’s through Republic Bank and there is a $1,000 minimum deposit for all terms. After the term is set and the deposit is made no additional deposits to the CD may be made.

Early withdrawal fees will equal either 5% of the current balance or the interest of seven days if you close the CD within seven days of opening it.


Republic Bank operates branches in Kentucky, Indiana, Florida, Tennessee, and Ohio. If you live, work, or go to school within their service areas you can start a new checking account or savings account with a low initial deposit. You must be a member of the bank to be eligible for the CD rates. To join, go to a branch in person or call on the phone. You can get started with the application process through the online portal on the Republic Bank website.

Branches in Kentucky

Covington, Crestview Hills, Florence, Georgetown, Lexington, Louisville, Shelbyville, Shepherdsville

Branches in Indiana

Floyds Knobs, Jeffersonville, New Albany

Branches in Florida

Largo, New Port Richey, St. Petersburg, Seminole, Tampa, Temple Terrace

Branches in Tennessee

Cool Springs (Franklin), Green Hills (Nashville)

Branches in Ohio 

Norwood (Cincinnati), West Chester (Cincinnati)

Bank Overview

Republic Bank opened its doors in 1977 in Kentucky, starting with the purchase and rebranding of an existing bank that had operated for over 80 years in the area. Since the initial founding the bank has made many acquisitions and opened new locations across five states.

They are an inclusive bank which values diversity. Contributing to their community is important to them, with a focus on families and education. They support local nonprofits and have a scholarship program called Republic Bank Foundation Commonwealth Scholarships. They provide 20 scholarships to the University of Kentucky for students who live in their service areas across Kentucky.