Highest Yielding CD Rates for Wyoming, WY

Includes Online Banks, Local Banks and Credit Unions / Updated March 25, 2023

All rates listed are Annual Percentage Yield (APY).


 

12-Month Rates

18-Month Rates

  • 5.25% Bank with nearby branch - View
    18-Month CD - $1,000
  • 5.00% Online Rate
    18-Month CD - $500

    | January 8, 2023 |

    I live in the Baltimore area. CFG is a local Maryland-only bank. It has been heavily covered in local media that they are the leading Maryland bankers for the cannabis industry here. Some will view that p... More Reviews

  • 5.00% Online Rate
    18-Month CD - $1,000
  • 5.00% Online Rate
    18 Month CD - $25,000

    | August 1, 2022 |

    Hard to imagine how Ally got to be so bad, but 1 hour to speak with anyone on the phone is just not good business. It however is slightly better than my other bank which is CIT which hangs up on me. More Reviews

  • 4.90% Online Rate
    18 Month CD - $2,500

    | January 7, 2023 |

    Called and asked them to match rates offered through save better for a 15 year client since directly offered rates are no longer competitive. Received nasty response. My only regret now is that I need to c... More Reviews

  • 4.86% Online Rate
    18-Month CD - $1,000

    Early Withdrawal Penalty is 180 days.

  • 4.80% Online Rate
    18 Month CD - $0

    | November 9, 2021 |

    Higher rate but same old bank. Still engages in a process of not crediting deposits for two days after they are drawn. As a result, any transfers initiated after Wednesday will miss earning interest over t... More Reviews

  • 4.80% Online Rate
    18-Month - $10,000

    Early Withdrawal Penalty is 270 days interest.

  • 4.80% Online Rate
    18-Month CD - $25,000

    Warning: Early Withdrawal Penalty is 2% of the account balance.

  • 4.75% Online Rate
    18 Month CD 1k - $1,000

    | June 22, 2022 |

    I've been around this one for a while in all of its forms - including igo, bankpurely, giftsforbanking, etc. They are creative with the market and the customer service is responsive. It just requires too... More Reviews

24-Month Rates

  • 5.10% Online Rate
    2-Year CD - $1,500

    Early withdrawal penalty is 180 days interest.

    | December 17, 2022 |

    Some serious amateur hour here. I have a small savings account that is connected to numerous external accounts. I thought I would throw a little into a 5-year CD because it is the top rate on this site, ... More Reviews

  • 4.95% Online Rate
    24 Month CD - $2,500

    | January 7, 2023 |

    Called and asked them to match rates offered through save better for a 15 year client since directly offered rates are no longer competitive. Received nasty response. My only regret now is that I need to c... More Reviews

  • 4.75% Online Rate
    24 Month Online CD - $500

    | July 18, 2022 |

    And how is this an online bank if they are inundating me with invitations to a customer appreciation free movie showing in some remote location in Utah? More Reviews

  • 4.75% Bank with nearby branch - View
    24 Month CD - $1,000
  • 4.70% Online Rate
    24-Month CD - $1,000

    Early Withdrawal Penalty is 360 days interest.

  • 4.60% Online Rate
    2 Year CD - $10,000

    Early Withdrawal Penalty is 270 days interest.

  • 4.55% Bank with nearby branch - View
    24 Month Special - $5,000

    | December 12, 2022 |

    Great rate, easily application process. It is the only rate as of today that beats a 13-month Treas so makes sense for anyone like me in Florida or another 0 state tax. More Reviews

  • 4.51% Bank with nearby branch - View
    24 Month Online CD - $500
  • 4.42% Online Rate
    2-year CD - $100,000

    Early withdrawal penalty is 9 months interest.

  • 4.40% Online Rate
    24 Month Online CD - $25,000

    | October 26, 2022 |

    The best bank in Canada by far. But, not competitive in the US at all. The good news is that I could move everything out to buy treasuries in my brokerage account with two clicks (unlike Synchrony which wa... More Reviews

36-Month Rates

  • 4.60% Online Rate
    36 Month Online CD - $500

    | January 8, 2023 |

    I live in the Baltimore area. CFG is a local Maryland-only bank. It has been heavily covered in local media that they are the leading Maryland bankers for the cannabis industry here. Some will view that p... More Reviews

  • 4.55% Bank with nearby branch - View
    3-Year Special - $1,000

    | December 12, 2022 |

    Great rate, easily application process. It is the only rate as of today that beats a 13-month Treas so makes sense for anyone like me in Florida or another 0 state tax. More Reviews

  • 4.54% Online Rate
    3-Year CD - $1,000

    Early Withdrawal Penalty is 360 days interest.

  • 4.50% Bank with nearby branch - View
    36 Month Online CD - $500
  • 4.50% Online Rate
    3-Year CD - $1,500

    Early withdrawal penalty is 180 days interest.

    | December 17, 2022 |

    Some serious amateur hour here. I have a small savings account that is connected to numerous external accounts. I thought I would throw a little into a 5-year CD because it is the top rate on this site, ... More Reviews

  • 4.42% Online Rate
    3-Year CD - $100,000

    Early withdrawal penalty is 12 months interest.

  • 4.40% Online Rate
    36-Month CD - $2,500

    | January 7, 2023 |

    Called and asked them to match rates offered through save better for a 15 year client since directly offered rates are no longer competitive. Received nasty response. My only regret now is that I need to c... More Reviews

  • 4.40% Online Rate
    36 Month CD - $10,000

    Early Withdrawal Penalty is 365 days interest.

  • 4.40% Online Rate
    36 Month CD - $25,000

    Warning: Early Withdrawal Penalty is 2% of the account balance.

  • 4.36% Online Rate
    36 Month CD - $5,000

    | February 3, 2023 |

    So I financed a camper through this group. The plumbing water sewer black and gray tank fell to the ground 30 days after purchase. It was being “ fixed “ for almost 5 months the dealer assured me I wou... More Reviews

48-Month Rates

  • 4.54% Online Rate
    4-Year CD - $1,000

    Early Withdrawal Penalty is 360 days interest.

  • 4.50% Bank with nearby branch - View
    48 Month - $1,000
  • 4.36% Online Rate
    48 Month Online CD - $500
  • 4.35% Online Rate
    4-Year CD - $1,500

    Early withdrawal penalty is 365 days interest.

    | December 17, 2022 |

    Some serious amateur hour here. I have a small savings account that is connected to numerous external accounts. I thought I would throw a little into a 5-year CD because it is the top rate on this site, ... More Reviews

  • 4.32% Online Rate
    4-Year CD - $500
  • 4.30% Online Rate
    48-Month Online CD - $0

    | November 9, 2021 |

    Higher rate but same old bank. Still engages in a process of not crediting deposits for two days after they are drawn. As a result, any transfers initiated after Wednesday will miss earning interest over t... More Reviews

  • 4.30% Online Rate
    48 Month CD - $2,000

    | February 13, 2023 |

    My card is frozen. I have never missed a payment. Customer service requires extensive ID which I have submitted, they can't find the auth code and I can't resubmit because it's in process. No one can tell ... More Reviews

  • 4.30% Online Rate
    48 Month CD - $10,000

    Early Withdrawal Penalty is 365 days interest.

  • 4.30% Online Rate
    48 Month CD - $25,000

    Warning: Early Withdrawal Penalty is 2% of the account balance.

  • 4.27% Online Rate
    48 Month CD - $100,000

    Early withdrawal penalty is 15 months interest.

60-Month Rates

  • 4.25% Online Rate
    60 Month CD - $0

    | November 9, 2021 |

    Higher rate but same old bank. Still engages in a process of not crediting deposits for two days after they are drawn. As a result, any transfers initiated after Wednesday will miss earning interest over t... More Reviews

  • 4.25% Online Rate
    5-Year CD - $1,500

    Early withdrawal penalty is 365 days interest.

    | December 17, 2022 |

    Some serious amateur hour here. I have a small savings account that is connected to numerous external accounts. I thought I would throw a little into a 5-year CD because it is the top rate on this site, ... More Reviews

  • 4.25% Online Rate
    60 Month CD - $2,500

    | January 7, 2023 |

    Called and asked them to match rates offered through save better for a 15 year client since directly offered rates are no longer competitive. Received nasty response. My only regret now is that I need to c... More Reviews

  • 4.25% Online Rate
    5 year CD - $25,000

    | August 1, 2022 |

    Hard to imagine how Ally got to be so bad, but 1 hour to speak with anyone on the phone is just not good business. It however is slightly better than my other bank which is CIT which hangs up on me. More Reviews

  • 4.22% Online Rate
    Online 5-Year CD - $100,000

    Early withdrawal penalty is 18 months interest.

  • 4.20% Online Rate
    5 Year CD - $0

    | December 6, 2022 |

    The MOST organized bank with easy to read online banking ever! More Reviews

  • 4.15% Online Rate
    60 Month Online CD - $25,000

    Warning: Early Withdrawal Penalty is 2% of the account balance.

  • 4.10% Online Rate
    5 Year CD - $500

    | September 18, 2022 |

    Let's see. A bank with a name like "LendingClub" that is focused on predatory straight cash lending in an economy that has gone from flush with cash to a deep recession (depression?) and that has a website... More Reviews

  • 4.00% Online Rate
    60 Month Online CD - $1,000

    | October 30, 2022 |

    I got into this one and a couple of other small Utah banks last years when I saw that they were a little higher than national rates (something like 0.70% versus 0.50%). Whatever I made with this adjustme... More Reviews

  • 3.95% Online Rate
    60 Month CD - $10,000
All rates listed above are Annual Percentage Yield (APY).

CERTIFICATE OF DEPOSIT (CD) QUESTIONS AND ANSWERS

What are Certificates of Deposit (CDs)?

CDs, often also called time deposits, are a savings vehicle similar to a savings or money market account, but guaranteeing a fixed rate in return for a consumer’s commitment to keep the money deposited until a specified date (the maturity date). Only in rare circumstances, and with the payment of a penalty, can the money be withdrawn early, and then it is at the bank’s discretion.

What are advantages and disadvantages of certificates of deposit compared to a savings account?

Since the rate is fixed, you avoid the risk of falling savings rates. You take on the risk of rising rates. Rates are above savings rates to compensate you for the risk of rising rates and to provide you with a premium for agreeing to keep your money on deposit until maturity. You should consider the rates above carefully in comparison with the best savings rates that may be available to you. Depending on your view of the direction of rates and the trajectory at which you believe they will rise, you may be more inclined to stick with shorter maturities (1-year) or you may find that that the premium of any CDs over savings rates does not provide adequate compensation.

What are the top current CD rates?

The table above lists best CD rates currently offered for several different maturities (lengths). Rates on longer maturities are ordinarily higher as they provide greater compensation for the risk of rising rates and provide you with a greater premium of depositing your money for a longer time.

Are the funds in certificates of deposit insured?

CDs in FDIC-insured or NCUA-insured institutions are insured so long as you remain within relevant insurance limits, ordinarily to a maximum of $250,000 within an ownership category. If you hold a CD that is accruing interest during the course of CD, you may wish to consider depositing no more than such amount that will, when combined with any other accounts you have at the bank or credit union, exceed $250,000 at maturity.

What is a reasonable Early Withdrawal Fee?

An Early Withdrawal Fee (also called an Early Termination Fee) is the fee charged by a bank for early termination of a CD (termination before maturity). This fee is ordinarily expressed by the bank in terms of months of interest, rather than as a flat fee, and if the CD is cancelled before that period has passed may reduce principal. A reasonable fee for early withdrawal from a CD (early termination of a CD) is said to make the CD more liquid. Rates & Info believes that a reasonable early withdrawal fee for a CD of less than one year is 3 months’ interest and a reasonable early withdrawal fee for a CD of 18 months to 5 years is 6 months’ interest. In a rising interest rate environment or one where you require liquidity, you should avoid CDs with more onerous Early Withdrawal Fees. Under any circumstance, you may wish to also favor No Penalty CDs. You may wish to read this important article in a competing website which indicates that banks may retain the right not to allow early termination even with payment of this fee.

Should I invest in CDs?

Your own risk tolerance level and personal situation determines your allocation to cash versus risk assets. Cash can be apportioned between savings accounts and CDs. However, if you feel interest rates will rise quickly, you should keep all of your cash in high-interest savings accounts.


The graph above shows how the average rates for CD accounts have trended over the last several years.


The graph above shows the difference in rate between average 5-year CD rates and average 1-year CD rates.

Compare Savings and CDs

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