Find the latest Classic Bank CD Rates, Offers, and Promotions here.
Best CD Rates: 5.56% APY 24-Month CD Special, $10k minimum deposit.
Availability: TX (Locator)
Credit Inquiry: Hard Pull or Soft Pull? Let us know. They use ChexSystems
About Classic Bank CD Rates
Classic Bank is headquartered in CAMERON and is the 129th largest bank in the state of Texas. It is also the 1,348th largest bank in the nation. It was established in 1889 and as of June of 2023, it had grown to 96 employees at 7 locations. Classic Bank’s money market rates are 14% higher than the national average, and it has an A health rating.
| Term | APY Rate | Minimum Deposit |
| 24-Month CD Special | 5.56% | $10,000 |
*The above rates are accurate as of 10/30/2023*
Classic Bank CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make. The interest is compounded daily and credited quarterly.
With as little as $10,000 , you can invest in a Classic Bank CD account to maximize your earnings. Compare their offering now to find the solutions that fit best with your savings goals. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
- Minimum deposit: $10,000
- Maximum deposit: —
- Early withdrawal penalty: Yes
(FDIC Insured)
| Alliant Credit Union 12-Month Certificate (4.05% APY) | Quontic Bank CD (Up to 4.25% APY) |
| Western Alliance Bank 3-Month CD (4.50% APY) | Western Alliance Bank 12-Month CD (4.25% APY) |
| Ponce Bank 3-Month CD (4.25% APY) | Blue Federal Credit Union 9-Month No Penalty CD (3.75% APY) |
| Sun Canyon Bank 11-Month CD (3.98% APY) | Ponce Bank 4-Month No-Penalty CD (4.15% APY) |
Classic Bank CD Features
- Competitive, fixed rates that are higher than standard savings
- Provides more guarantee than other, more risky investments
- Set aside for future savings goals
- CD automatically renews unless requested otherwise
- No setup or maintenance fees
- Early withdrawals subject to penalty
Bottom Line
With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs.
This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While Classic Bank does have competitive rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here
| Service Credit Union | 4.25% APY 9-Month CD | Review |
| Western Alliance Bank | 4.50% APY 3-Month CD | Review |
| Western Alliance Bank | 4.40% APY 6-Month CD | Review |
| Rising Bank | 4.40% APY 6-Month CD | Review |
| Rising Bank | 4.35% APY 15-Month CD | Review |
| First Tech Federal Credit Union | 4.35% APY 13-Month Share Certificate | Review |
| Quontic Bank | Up to 4.25% APY CD | Review |
| Western Alliance Bank | 4.25% APY 12-Month CD | Review |
| Ponce Bank | 4.25% APY 3-Month High Yield CD | Review |
| Sallie Mae | 4.25% APY 14-Month CD | Review |
| Ponce Bank | 4.15% APY 4-Month No-Penalty CD | Review |
| Live Oak Bank | 4.10% APY 12-Month CD | Review |
| Live Oak Bank | 4.10% APY 12-Month Business CD | Review |
| First Mid Bank & Trust | 4.08% APY 9-Month CD | Review |
| Alliant Credit Union | 4.05% APY 12-Month Certificate | Review |
| Discover Bank | Up to 4.00% APY CD | Review |
| Sun Canyon Bank | 3.98% APY 11-Month CD | Review |
| Sallie Mae | 3.95% APY 10-Month CD | Review |
| Western Alliance Bank | 3.85% APY 5-Month CD | Review |
| GreenState Credit Union | 3.80% APY 10-Month CD | Review |
| Blue Federal Credit Union | 3.75% APY 9-Month No Penalty CD | Review |
| Blue Federal Credit Union | 3.75% APY 15-Month CD | Review |
| CIT Bank | 3.50% APY 13-Month CD | Review |
| CIT Bank | 3.50% APY 11-Month No-Penalty CD | Review |
| Southwestern National Bank | 3.40% APY 8-Month CD | Review |
| First Financial Northwest Bank | 3.00% APY 12-Month CD | Review |
| Ponce Bank | 3.00% APY 1-Month High Yield CD | Review |
| CIT Bank | 3.00% APY 6-Month CD | Review |
| CIT Bank | 3.00% APY 18-Month CD | Review |
This is a great opportunity to invest in a high-interest CD from Classic Bank. However, you may want to compare them with our best CD Rates:
- Best 6-Month CD Rates
- Best 9-Month CD Rates
- Best 12-Month CD Rates
- Best 18-Month CD Rates
- Best 24-Month CD Rates
- Best 36-Month CD Rates
- Best 48-Month CD Rates
- Best 60-Month CD Rates
- Best No Penalty CD Rates
You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Classic Bank CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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