Minnesota

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Litchfield, Minnesota CD Rates – 18-Month

You are viewing rates from banks across Litchfield





Below are eighteen-month Certificates of Deposit (CD) rates from banks in Litchfield, Minnesota . Eighteen Month CDs offer a bit more yield than 1 year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

Litchfield, MN - July 21, 2025

18 Month CD National Average : 0.58% ?

Banks APY MIN MILES ?

Warning: Early Withdrawal Penalty is 2% of the account balance.
Rate History: 4.35% → 4.20% → 4.15% → 4.05% → 4.20%

| Jul 3, 2023

A 2% early withdrawal fee on a 1-year CD is almost equally insane as a 270 day one. Read More

| Sep 18, 2023

I agree with another user, this bank is very poorly put together, and may very well be an operation in large part used to extract and sell people's personal information. I called customer service and had ... Read More

Early Withdrawal Penalty is 270 days interest.
Rate History: 4.10% → 4.15% → 4.10% → 4.00% → 4.10%

| Dec 18, 2023

I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason... Read More

Early Withdrawal Penalty is 90 days interest.
Rate History: 4.50% → 4.25% → 4.15% → 4.05% → 4.00%

| Jun 26, 2020

Rate not current Read More

Earty Withdrawal Penalty is 180 days interest.
Rate History: 4.75% → 4.50% → 4.35% → 3.85% → 3.80%

| Aug 2, 2023

Sallie mae is just a horrible institution. We've done business with them before and swore on the holy bible not to go near there again, but a 18 mos cd at 5.55% brought us back. Read More

Rate History: 4.00% → 3.95% → 4.00% → 3.95% → 3.80%

| Dec 21, 2023

Very easy to setup 6 month 5.35% CD from cornerstone account Read More

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

| Jun 2, 2022

I've been a customer since CIT emerged from the financial crisis as a real competitor in this space (14 years or so). Zero complaints about anything over this time ... until today. Now they are offering a... Read More

Rate History: 1.00% → 2.51% → 1.50% → 1.25%

0.95%

$25,000

22.48

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0.90%

$10,000

24.87

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0.80%

$2,500

15.31

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0.70%

$5,000

22.48

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| Jan 28, 2024

This is by far the worst banking experience I have ever had. They fail to understand the simple concept that you are the customer and that they are providing a service for you. They consistently slapped qu... Read More

0.70%

$10,000

24.85

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0.50%

$100,000

1.84

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0.48%

$1,000

17.58

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0.45%

$10,000

1.84

Learn More

| Jun 10, 2022

This bank hasn't raised their rates! Maybe I was sleeping but I need to get out of here fast. Read More

| May 21, 2018

I wish I had never heard of or seen BBVA. It has been a disaster. Came to this site to find something else. Read More

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around Litchfield, MN - July 21, 2025


Branch Street City State
Wells Fargo Bank, National Association
Litchfield Branch
100 North Marshall Litchfield MN
Center National Bank
Center National Bank Branch
301 North Ramsey Avenue Litchfield MN
First Community Bank
Silver Lake Branch
201 West Main Street Silver Lake MN
Granite Bank
Granite Community Bank Branch
202 2nd Avenue South Cold Spring MN
Farmers and Merchants State Bank of Pierz
State Bank In Eden Valley Branch
359 State Street North Eden Valley MN
First Community Bank
Silver Lake Branch
201 West Main Street Silver Lake MN
Citizens Alliance Bank
Lake Lillian Branch
451 Lakeview Street Lake Lillian MN
State Bank of Cold Spring
State Bank Of Cold Spring Branch
401 Main Street Cold Spring MN
MidCountry Bank
Litchfield Branch
501 North Sibley Avenue Litchfield MN
Kensington Bank
Cokato Manor Branch
182 Sunset Avenue Cokato MN
MidCountry Bank
Litchfield Branch
501 North Sibley Avenue Litchfield MN


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PRODUCT INFORMATION

18 Month CDs - Branch Banks 2025

Banks offer a range of Certificates of Deposit (CD) with 18 month CDs being a popular term. An eighteen month CD obligates the holder to keep their money in the bank for eighteen months in return for a fixed rate of interest during that time period. All eighteen month bank CDs shown on BestCashCow are FDIC insured.

Eighteen month CDs can be opened in almost any bank branch as the are a mainstay of bank deposit products.

The advantages of an eighteen month CD are:

  • A slightly higher rate than 12 month CDs in return for leaving the money in the bank longer.
  • A fixed rate during the 18 month period.
  • FDIC insurance.
  • Convenience of opening and managing the CD at a local branch.

The disadvantages of an eighteen month branch CDs are:

  • Rates are generally lower than on the top online savings and CD accounts.
  • Money is tied up for 18 months. Removing it early results in significant penalties.
  • Opening in a branch requires a personal visit.

All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

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