Best 2-Year CD Rates in Cheverly, Maryland, MD

You are viewing rates from banks across Cheverly

Below are two-year Certificates of Deposit (CD) rates from banks in Cheverly, Maryland. Two year CDs generally offer a higher rate than 1 year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

Cheverly, MD - August 2, 2025

2 Year CD National Average : 0.66% ^?

Banks	APY	MIN	MILES ^?
Presidential Bank, FSB Presidential Bank, Fsb Branch	4.65%	$1,000	-	Learn More Add Review
Rate History: 3.00% → 4.85% → 5.13% → 4.65%
EagleBank Eaglebank Branch	4.40% 4.25%	$1,000 $10,000	-	Learn More Add Review
Rate History: 4.45% → 4.40%
Popular Direct	4.15%	$10,000	-	Learn More Add Review
Early Withdrawal Penalty is 270 days interest. Rate History: 4.10% → 4.20% → 4.15% → 4.05% → 4.15%
Neil \| 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
Sallie Mae Bank	4.00%	$2,500	-	Learn More
Rate History: 4.50% → 4.20% → 4.05% → 3.75% → 4.00%
HAL1975 \| 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 Reviews (40)
TotalDirect, a division of City National Bank of Florida	4.00%	$25,000	-	Learn More Add Review
Rate History: 4.34% → 4.00% → 4.00% → 4.21% → 4.00%
79Thru \| Mar 21, 2023 Parent seems to be owned by a large Chilean bank. Not saying this is good or bad, but it is complication, especially in the current environment. Read More
HSBC Bank USA, National Association Bethesda Branch	3.50%	$1,000	-	Learn More
Rate History: 4.00% → 4.10% → 3.50% → 3.25% → 3.50%
john \| Apr 14, 2020 I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More Reviews (3)
Citizens	3.50%	$5,000	-	Learn More Add Review
james \| Nov 18, 2023 bad bank hold your deposit over months without credit in your account, no interest, they don’t want pay you interest , they want your money with 0% interest. Read More
Vio Bank, A Division of MidFirst Bank	3.50%	$500	-	Learn More Add Review
Rate History: 3.50% → 3.50% → 3.75% → 3.50%
Jim S \| Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More
Capital One, National Association 5424 Western Ave Branch	3.50%	$0	-	Learn More
Rate History: 4.20% → 4.00% → 3.70% → 3.60% → 3.50%
highstream \| Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More Reviews (14)
Forbright Bank Rockville Pike Branch	3.50%	$1,000	-	Learn More
Rate History: 3.00% → 4.00% → 4.25% → 3.75% → 3.50%
lrcbob \| Jul 26, 2024 Multiple roadblocks trying to set up a savings account with Forbright and my application was ultimately declined, in spite of my multiple CDs among three banks, stock investments, eleven credit cards, and ... Read More Reviews (2)
First Shore Federal Savings and Loan Association First Shore Federal Savings And Loan Branch	3.00%	$500	-	Learn More
Rate History: 3.00% → 3.25% → 3.00% → 3.25% → 3.00%
wwchinski@verizon.net \| Jul 11, 2018 cd rates Read More Reviews (2)
BMO Alto, a division of Bank of Montreal Harris	2.75%	$0	-	Learn More Add Review
Early Withdrawal Penalty is 180 days interest. Rate History: 4.00% → 3.90% → 3.80% → 3.50% → 2.75%
Jenny Kingston \| Jun 10, 2024 I guess customer service is in the US (not sure). I'd rather that someone in the Philippines answered though. These people are so poorly trained and ill informed that I do not trust them with my personal... Read More
Woodforest National Bank 0140 Salisbury Maryland Branch	2.25%	$500	-	Learn More
Rate History: 1.00% → 1.55% → 2.25% → 3.50% → 2.25%
Jabbroadway42 \| Nov 17, 2020 Is notarie services available today at a woodforest on wilkinson blvd Read More Reviews (2)
United Bank Bethesda Metro Branch	1.80%	$500	-	Learn More
Jimleestro \| Apr 12, 2019 United Bank in Front Royal does not know how to set up an inherited IRA. It took over two months to transfer it from Merrill Edge. Several mistakes were made. And then they did not title it correctly. T... Read More Reviews (1)
Atlantic Union Bank South Salisbury Branch	1.15%	$1,000	-	Learn More
tedd \| Jun 28, 2021 They bait and switch. Advertise cds at .40 but offer only .04 when in the office. Sharp business practice. Read More Reviews (2)
TD Bank, National Association New Carrollton, Md Branch	1.00%	$10,000	-	Learn More
Rate History: 4.00% → 1.00% → 4.00% → 1.00%
Turonemckinney17@gmail.com \| May 19, 2018 Experience Read More Reviews (1)
Somerset Trust Company Grantsville Plaza Branch	0.95%	$10,000	-	Learn More Add Review
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	0.95%	$10,000	-	Learn More
Savvysaver \| Jul 24, 2021 Rate is incorrect. Read More Reviews (1)
Cecil Bank Cecil Bank Branch	0.90%	$10,000	-	Learn More
Savvysaver \| Jul 24, 2021 $2000 minimum, 0.20% APY Read More Reviews (1)
Capital Bank, National Association Capital Bank, National Association Branch	0.90%	$10,000	-	Learn More
Savvysaver \| Jul 24, 2021 Rate is incorrect. Read More Reviews (1)
Rosedale Federal Savings and Loan Association Rosedale Federal Savings And Loan As Branch	0.85%	$10,000	-	Learn More Add Review
Harford Bank Harford Bank Branch	0.80%	$1,000	-	Learn More Add Review
John Marshall Bank Rockville Branch	0.75%	$10,000	-	Learn More Add Review
Bank of Ocean City Bank Of Ocean City Branch	0.75%	$10,000	-	Learn More Add Review
ACNB Bank New Windsor Br Branch	0.60%	$10,000	-	Learn More Add Review
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	0.60%	$100,000	-	Learn More Add Review
The Queenstown Bank of Maryland The Queenstown Bank Of Maryland Branch	0.55%	$10,000	-	Learn More Add Review
Calvin B. Taylor Banking Company of Berlin, Maryland Calvin B. Taylor Banking Company Of Berlin, Maryland Branch	0.50%	$10,000	-	Learn More Add Review
Miners & Merchants Bank Oakland Maryland Branch	0.50%	$100,000	-	Learn More Add Review
First National Bank of Pennsylvania Germantown Branch	0.50%	$10,000	-	Learn More
Mark \| Apr 21, 2020 Your information is very inaccurate. Interest rates are a fraction of 1%. Call the bank yourself. Read More Reviews (1)
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	0.50%	$10,000	-	Learn More Add Review
The Bank of Glen Burnie The Bank Of Glen Burnie Branch	0.50%	$10,000	-	Learn More Add Review
The Farmers Bank of Willards The Farmers Bank Of Willards Branch	0.50%	$10,000	-	Learn More Add Review
Citibank, National Association Montgomery Village Branch	0.50%	$0	-	Learn More
Rate History: 2.00% → 0.50%
Azoic \| Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More Reviews (11)
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	0.45%	$10,000	-	Learn More Add Review
The Chesapeake Bank & Trust Co. The Chesapeake Bank & Trust Co. Branch	0.45%	$100,000	-	Learn More Add Review
Hebron Savings Bank Hebron Savings Bank Branch	0.45%	$10,000	-	Learn More
Edward Rote \| Aug 6, 2019 Run Run very far away. Find an institution where the upper staff actually can add. It is run like a pawn shop and payday loan Read More Reviews (1)
CIT Bank, a division of First-Citizens Bank and Trust	0.40%	$1,000	-	Learn More Add Review
RTN1949 \| 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
Clear Mountain Bank Oakland Branch	0.40%	$500	-	Learn More Add Review
Woodsboro Bank Woodsboro Bank Branch	0.40%	$10,000	-	Learn More
C P hoult \| Jun 16, 2022 Customer service Very Good. Always available Read More Reviews (1)
Farmers and Merchants Bank Farmers And Merchants Bank Branch	0.40%	$10,000	-	Learn More Add Review
The Chesapeake Bank & Trust Co. The Chesapeake Bank & Trust Co. Branch	0.40%	$10,000	-	Learn More Add Review
BayVanguard Bank North Point Road Branch	0.39%	$10,000	-	Learn More Add Review
The Peoples Bank The Peoples Bank Branch	0.37%	$10,000	-	Learn More Add Review
CNB Bank, Inc. Hancock Branch	0.35%	$500	-	Learn More Add Review
Middletown Valley Bank Middletown Valley Bank Branch	0.35%	$10,000	-	Learn More Add Review
Orrstown Bank Eastern Blvd Branch	0.35%	$10,000	-	Learn More Add Review
ACNB Bank New Windsor Br Branch	0.35%	$10,000	-	Learn More Add Review
Shore United Bank Shore United Bank Branch	0.30%	$500	-	Learn More Add Review
First United Bank & Trust First United Bank & Trust Branch	0.30%	$10,000	-	Learn More Add Review
Miners & Merchants Bank Oakland Maryland Branch	0.30%	$10,000	-	Learn More Add Review
Jefferson Security Bank Sharpsburg Office Branch	0.30%	$10,000	-	Learn More Add Review
Purepoint MUFG Union	0.25%	$10,000	-	Learn More Add Review
UtahJazz1 \| 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
The Harbor Bank of Maryland The Harbor Bank Of Maryland Branch	0.25%	$10,000	-	Learn More Add Review
Axos Bank, a division of Bofi Federal Bank	0.20%	$1,000	-	Learn More Add Review
wertlkgt \| Mar 28, 2022 Vaporware. Was approved to open an account. I logged in on several different browsers with differing rendering codes--each time got nothing but 3 circles running left to right for up to a half hour when I ... Read More
Eastern Savings Bank, FSB Eastern Savings Bank, Fsb Branch	0.20% 0.15%	$100,000 $1,000	-	Learn More Add Review
First-Citizens Bank & Trust Company Annapolis Bestgate Office Branch	0.05%	$500	-	Learn More
MrBond \| Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More Reviews (3)
PNC Bank, National Association Bel Air South Branch	0.03%	$25,000	-	Learn More
GAM \| May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More Reviews (1)
Bank of America, National Association Bank Center Branch	0.03%	$100,000	-	Learn More
Treasure \| Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More Reviews (7)

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 zip 10007

Branch	Street	City	State
Presidential Bank, FSB Presidential Bank, Fsb Branch	4520 East-West Highway	Bethesda	MD
EagleBank Eaglebank Branch	7815 Woodmont Avenue	Bethesda	MD
EagleBank Eaglebank Branch	7815 Woodmont Avenue	Bethesda	MD
HSBC Bank USA, National Association Bethesda Branch	7637 Old Georgetown Road	Bethesda	MD
Capital One, National Association 5424 Western Ave Branch	5424 Western Avenue	Chevy Chase	MD
Forbright Bank Rockville Pike Branch	1700 Rockville Pike	Rockville	MD
First Shore Federal Savings and Loan Association First Shore Federal Savings And Loan Branch	106 S. Division Street	Salisbury	MD
Woodforest National Bank 0140 Salisbury Maryland Branch	2702 North Salisbury Boulevard	Salisbury	MD
United Bank Bethesda Metro Branch	7845 Wisconsin Avenue	Bethesda	MD
Atlantic Union Bank South Salisbury Branch	1503 South Salisbury Blvd.	Salisbury	MD
TD Bank, National Association New Carrollton, Md Branch	8211 Annapolis Road	Hyattsville	MD
Somerset Trust Company Grantsville Plaza Branch	3245 Chestnut Ridge Road	Grantsville	MD
Jarrettsville Federal Savings and Loan Association Jarrettsville Federal Savings And Lo Branch	3706 Norrisville Road	Jarrettsville	MD
Cecil Bank Cecil Bank Branch	127 North St	Elkton	MD
Capital Bank, National Association Capital Bank, National Association Branch	One Church Street	Rockville	MD
Rosedale Federal Savings and Loan Association Rosedale Federal Savings And Loan As Branch	9616 Belair Road	Nottingham	MD
Harford Bank Harford Bank Branch	8 West Bel Air Avenue	Aberdeen	MD
John Marshall Bank Rockville Branch	11 N. Washington Street, Suite 100	Rockville	MD
Bank of Ocean City Bank Of Ocean City Branch	10005 Golf Course Road	Ocean City	MD
ACNB Bank New Windsor Br Branch	213 Main Street	New Windsor	MD
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	655 Crain Highway, S	Glen Burnie	MD
The Queenstown Bank of Maryland The Queenstown Bank Of Maryland Branch	7101 Main Street	Queenstown	MD
Calvin B. Taylor Banking Company of Berlin, Maryland Calvin B. Taylor Banking Company Of Berlin, Maryland Branch	24 North Main Street	Berlin	MD
Miners & Merchants Bank Oakland Maryland Branch	13164 Garrett Highway	Oakland	MD
First National Bank of Pennsylvania Germantown Branch	20300 Seneca Meadows Parkway	Germantown	MD
Arundel Federal Savings Bank Arundel Federal Savings Bank Branch	655 Crain Highway, S	Glen Burnie	MD
The Bank of Glen Burnie The Bank Of Glen Burnie Branch	101 Crain Highway S	Glen Burnie	MD
The Farmers Bank of Willards The Farmers Bank Of Willards Branch	7484 Market Street	Willards	MD
Citibank, National Association Montgomery Village Branch	6 Montgomery Village Avenue	Gaithersburg	MD
Homewood Federal Savings Bank Homewood Federal Savings Bank Branch	3228-30 Eastern Ave	Baltimore	MD
The Chesapeake Bank & Trust Co. The Chesapeake Bank & Trust Co. Branch	245 High Street	Chestertown	MD
Hebron Savings Bank Hebron Savings Bank Branch	101 North Main Street	Hebron	MD
Clear Mountain Bank Oakland Branch	12730 Garrett Highway	Oakland	MD
Woodsboro Bank Woodsboro Bank Branch	5 North Main Street	Woodsboro	MD
Farmers and Merchants Bank Farmers And Merchants Bank Branch	15226 Hanover Pike	Upperco	MD
The Chesapeake Bank & Trust Co. The Chesapeake Bank & Trust Co. Branch	245 High Street	Chestertown	MD
BayVanguard Bank North Point Road Branch	7114 Northpoint Road	Edgemere	MD
The Peoples Bank The Peoples Bank Branch	100 Spring Avenue	Chestertown	MD
CNB Bank, Inc. Hancock Branch	333 E. Main Street	Hancock	MD
Middletown Valley Bank Middletown Valley Bank Branch	24 West Main Street	Middletown	MD
Orrstown Bank Eastern Blvd Branch	1020 Professional Court	Hagerstown	MD
ACNB Bank New Windsor Br Branch	213 Main Street	New Windsor	MD
Shore United Bank, National Association Shore United Bank Branch	18 Dover Street	Easton	MD
First United Bank & Trust First United Bank & Trust Branch	19 South Second Street	Oakland	MD
Miners & Merchants Bank Oakland Maryland Branch	13164 Garrett Highway	Oakland	MD
Jefferson Security Bank Sharpsburg Office Branch	103 West Main Street	Sharpsburg	MD
The Harbor Bank of Maryland The Harbor Bank Of Maryland Branch	25 West Fayette Street	Baltimore	MD
Eastern Savings Bank, FSB Eastern Savings Bank, Fsb Branch	11350 Mccormick Road	Hunt Valley	MD
Eastern Savings Bank, FSB Eastern Savings Bank, Fsb Branch	11350 Mccormick Road	Hunt Valley	MD
First-Citizens Bank & Trust Company Annapolis Bestgate Office Branch	890 Bestgate Road	Annapolis	MD
PNC Bank, National Association Bel Air South Branch	130 South Bond Street	Bel Air	MD
Bank of America, National Association Bank Center Branch	100 South Charles Street	Baltimore	MD

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PRODUCT INFORMATION

Two Year CDs - Branch Banks 2025

Two year CDs, also know as 24 month CDs are an intermediate term product that commits a depositor to keeping their money in the bank for 24 months in return for a fixed rate of return during that period. All two year CDs shown on BestCashCow are FDIC insured.

While two year CDs commit a person to locking their money in for double the time of a 12 month CD, the rate is not double. As a result, a depositor should think about whether the extra rate is worth the extra time commitment.

In general, if rates are rising, it makes sense not to lock up money for an extended period of time.

If rates are falling, then it makes sense to put money into a longer-term instrument to lock-in a higher rate.

Many find opening CDs at local bank is often easier than online. In a branch, a depositor can sign CD documents and initiate a CD in person, and can often get it done faster than mailing a check or initiating a wire transfer in order to get their money to an online bank. Many also appreciate the opportunity to interact face to face with a real human being as opposed to by phone or instant messaging.

The advantages of a two year branch CD are:

A higher rate than 12 month CDs in return for leaving the money in the bank longer.
A fixed rate during the 24 month period.
A generally higher rate for the same term than what can be found in a branch-based bank.
FDIC insurance.
Convenience of opening and managing the CD online.

The disadvantages of a two year branch CDs are:

Rates are generally lower than on the top online savings and CD accounts.
Money is tied up for two years. Removing it early results in significant penalties.
Opening online can often take several days. Problems must be handled online or via the phone as there is no branch.

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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Cheverly, Maryland CD Rates – 2-Year

Branches Info around zip 10007

PRODUCT INFORMATION

Two Year CDs - Branch Banks 2025

The advantages of a two year branch CD are:

The disadvantages of a two year branch CDs are:

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