Find the latest INSBANK CD Rates, Offers, and Promotions here.
Best CD Rate: 4.85% APY 12-Month, 4.92% APY 18-Month, $2.5k min/$240k max deposit per CD.
Availability: Internet bank, available nationwide.
Credit Inquiry: Unknown
About INSBANK
INSBANK is headquartered in Nashville, Tennessee and was established in 2000. Since then they have grown to 2 locations and boast an A health rating.
INSBANK offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.
| Term | APY Rate | Minimum Deposit |
| 90 Days | 2.22% | $2,500 |
| 6-Month | 2.41% | $2,500 |
| 12-Month | 4.85% | $2,500 |
| 18-Month | 4.92% | $2,500 |
| 24-Month | 3.10% | $2,500 |
| 36-Month | 3.20% | $2,500 |
*The above rates are accurate as of 12/12/2022*
INSBANK CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer a term, the higher APY rate you make.
With an opening deposit of $2,500, you can invest in a INSBANK CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals.
Starting the process to open an 18-Month CD begins with the online application, which can be completed in as little as 5 minutes.
- Minimum deposit: $2,500
- Maximum deposit: $240K
- Early withdrawal penalty: 12-month CD is 180 days of interest, and for the 18-month CD is 243 days of interest on the total CD deposit.
(NCUA 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) |
INSBANK CD Features
- Online Banking
- Earns Interest at a Competitive Rate
- NCUA Insured
- There is a 10 calendar day grace period before a CD automatically renews.
- Up to four beneficiaries can be added when opening a CD
 |
 |
Bottom Line
INSBANK offers you CD rates up to 4.92% APY. All you need to do is to pick your CD term, and have a minimum opening deposit of $2,500 to qualify for this fantastic bonus.
This is ideal for accounts like Certificate of Deposits. Though the rates are worth checking out, be sure to still compare them with the nation’s best using our guides: CD Rates | Savings Rates.
This is a great opportunity to invest in a high-interest CD with a low balance from Spectrum Credit Union. However, you may want to compare them with our best CD Rates:
- 6-Month CD Rates
- 9-Month CD Rates
- 12-Month CD Rates
- 18-Month CD Rates
- 24-Month CD Rates
- 36-Month CD Rates
- 48-Month CD Rates
- 60-Month CD Rates
Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest INSBANK 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.
The biggest thing is I have an 18 month CD with INSBank which is only 5 months old. I had COVID and ended up not being up to get around which is really weird because even tho I have technically recovered I’m disabled from it. I need an accessibility vehicle to remain independent and in my home. If I were to cash my CD in early and trade in my Subaru I would be able to afford an accessibility vehicle. I spent my ready funds remodeling my bath and shower plus I had accessibility ramps built at my house. I have the INSBank CD which matures in 2022. If I withdraw it now I will forfeit 6 months interest is all which isn’t bad. I don’t make much int off my CD and I really need the money to get suitable transportation. As far as I can decipher from the website the early withdrawl penalty on an 18 month CD from INSBank is a forfeiture of 6 months interest. I hope this is true. Anybody know for sure. I may call them soon anyway.