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Image Courtesy: www.pixabay.com
You are viewing rates from banks across Florence
Below are three-year CD Rates from banks in Florence, Alabama. Three years is an intermediate term for CDs and as the term increases the yield will generally go up as well. Three year CDs are a popular component of many CD ladders and usually offer a good tradeoff between yield and how long you must keep the money locked in.
Florence, AL - July 16, 2025
3 Year CD National Average : 0.75% ?
| Banks | APY | MIN | MILES ? | |
|---|---|---|---|---|
|
3.54% |
$1,000 |
22.74 |
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Rate History: 2.71% → 4.01% → 3.01% → 3.54% |
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|
0.95% |
$10,000 |
0.99 |
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|
0.85% |
$1,000 |
- |
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|
|
0.70% |
$10,000 |
18.71 |
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0.60% |
$10,000 |
11.86 |
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|
0.60% |
$10,000 |
5.17 |
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|
0.60% |
$10,000 |
23.81 |
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|
|
Terry | Jun 7, 2018 Fabulous bank Read More |
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|
0.50% |
$10,000 |
1.42 |
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|
0.47% |
$10,000 |
22.34 |
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|
0.05% 0.01% |
$2,501 $2,500 |
5.08 |
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|
|
|
Rate History: 0.03% → 0.05% |
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| Branch | Street | City | State |
|---|---|---|---|
|
Bank Independent Russellville Village Square Branch |
13566 Highway 43 | Russellville | AL |
|
PeoplesTrust Bank Florence Branch |
1131 Willis Avenue | Florence | AL |
|
Citizens Bank & Trust Rogersville Branch |
Market Square | Rogersville | AL |
|
The Farmers & Merchants Bank Florence Branch |
11345 State Highway 20 | Florence | AL |
|
First Southern Bank Muscle Shoals Branch |
1027 Avalon Avenue | Muscle Shoals | AL |
|
CB&S Bank, Inc. Franklin Plaza Branch |
14015 Highway 43 | Russellville | AL |
|
FirstBank Firstbank Mortgage Partners Branch |
117 Court Street | Florence | AL |
|
Community Spirit Bank Russellville Branch |
14009 Highway 43 | Russellville | AL |
|
Regions Bank Muscle Shoals Branch |
700 East Avalon Avenue | Muscle Shoals | AL |
|
Regions Bank Muscle Shoals Branch |
700 East Avalon Avenue | Muscle Shoals | AL |
BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.
A three year CD is an intermediate CD, sandwiched between the popular one and five year CD terms. Three year CD generally offer between .30 and .60 percentage points more than a 1 year CD. Currently, their average yield is comparable to the average yield of an online savings account Online savings accounts allow consumers to withdraw money at any time so consumers should consider whether they want to lock their money into a CD when there is little premium versus an online account.
The top 3 year CD rates, as listed on the rate table above, are significantly higher than online or offline savings account rates.
Another factor to consider when opening a 3 year CD is the rate environment. If interest rates are rising, it may not be advisable to lock money away for three years when rates will soon be higher. If rates are falling, and may do so for some time (as they did from 2008 through 2013), then it may make sense to open a 3, 4 or 5 year CD to lock into a higher rate before it drops. To get a sense of where rates might go, check out the BestCashCow rate analysis page.
While conventional wisdom holds that online banks always offer higher rates than branch-based banks, an analysis conducted by BestCashCow in 2012 showed that with longer term CDs (3 years or longer), small community based banks and credit unions can often be just as competitive or not more so. If you prefer to bank in person, then it is possible to get branch service and a high CD rate if you shop around a bit. The tables at the top of this page can provide you the best rates in your area.
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.
Find out how much extra money you can earn by moving your bank money into an account that pays more.
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