Indiana

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Carmel, Indiana CD Rates – 4-Year

You are viewing rates from banks across Carmel





Below are four-year CD Rates from banks in Indiana . Four-Year Certificates of Deposit (CD) are not as popular as the three and five year terms which means the rates often aren’t as competitive. The best four year cd rates are often only marginally above the 3 year rates. Nevertheless, for those who want to lock in a rate for a longer period of time, 4 year cds are worth a look.

Carmel, IN - August 1, 2025

4 Year CD National Average : 0.82% ?

Banks APY MIN MILES ?

Early Withdrawal Penalty is 365 days interest.
Rate History: 4.15% → 4.05% → 4.00% → 3.90% → 4.15%

| 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

Warning: Early Withdrawal Penalty is 2% of the account balance.
Rate History: 4.20% → 4.10% → 4.00% → 3.85% → 4.05%

| Jul 3, 2023

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

Early Withdrawal Penalty is 360 days interest.
Rate History: 4.00% → 4.03% → 3.62% → 3.60% → 3.97%

| Jan 30, 2024

Have an IRA rollover, they don't take IRAs any longer. Read More

| Dec 21, 2023

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

| 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

Rate History: 2.00% → 2.50% → 2.00%

| Jan 2, 2023

Terrible customer service by investment side. Fees too high , too full of themselves Read More

Rate History: 0.15% → 1.35% → 4.00% → 1.35% → 1.00%

| Jan 29, 2024

Tried to enter information on line to open a 5 year CD, multiple time and wasn't accepted. Talked to a live person who was of no help at all. My credit score is over 800 and I have plenty of money in oth... Read More

0.98%

$100,000

22.81

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0.95%

$10,000

22.81

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Rate History: 0.90% → 0.80% → 0.90% → 0.80% → 0.90%

| Mar 21, 2020

Well here comes good old Union Savings the absolute worst bank to deal with in the world again today. We have no money coming in right now so we did not send in the mortgage payment yet because our family ... Read More

0.90%

$10,000

23.09

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0.90%

$10,000

1.40

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0.85%

$100,000

18.42

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0.80%

$1,000

18.42

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0.75%

$10,000

22.91

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0.65%

$500

1.23

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| 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

0.50%

$500

19.29

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| Mar 18, 2021

I called Huntington yesterday and the branch manager told me that the rate listed on Best Cash Cow doesn't exist......... Read More

0.45%

$100,000

3.00

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0.40%

$10,000

3.50

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0.40%

$10,000

22.66

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| Jul 18, 2021

I have a neighbor whose mortgage is with ONB. I am licensed to practice law but I am not writing this review as a lawyer, but rather as a heads up if your spouse should happen to die while you owe any mone... Read More

0.35%

$10,000

1.43

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0.30%

$10,000

19.40

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0.30%

$100,000

4.84

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| 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

0.25%

$10,000

3.00

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0.25%

$100,000

11.94

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0.21%

$1,000

18.37

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| 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

0.20%

$10,000

4.84

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0.10%

$10,000

11.94

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Rate History: 0.03% → 0.05%

| Mar 28, 2023

On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More

| 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

| Nov 12, 2018

Helpful w/$ 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 Carmel, IN - August 1, 2025


Branch Street City State
First Internet Bank of Indiana
First Internet Bank Of Indiana Branch
11201 Usa Parkway Fishers IN
Centier Bank
Carmel Branch
568 East Carmel Drive Carmel IN
JPMorgan Chase Bank, National Association
East Avon Banking Center Branch
9246 East U.S. Highway 36 Avon IN
BMO Bank National Association
Brownsburg In Branch
610 West Northfield Drive Brownsburg IN
Hendricks County Bank and Trust Company
Danville Branch
23 South County Road 200 East Danville IN
Hendricks County Bank and Trust Company
Danville Branch
23 South County Road 200 East Danville IN
Greenfield Banking Company
Cumberland Branch
12140 East Washington Street Cumberland IN
Union Savings Bank
Indianapolis Branch
5881 E. 82nd St Indianapolis IN
The North Salem State Bank
Danville Old Farm Branch
1500 E Main Street Danville IN
United Fidelity Bank, fsb
Carmel City Center Branch
715 Hanover Place Carmel IN
The Home National Bank of Thorntown
Lebanon Branch
2510 N Lebanon St Lebanon IN
The Home National Bank of Thorntown
Lebanon Branch
2510 N Lebanon St Lebanon IN
Union Savings and Loan Association
Greenfield Branch
1986 West Main Street Greenfield IN
Stock Yards Bank & Trust Company
Carmel, In Branch
11450 N. Meridian Street Carmel IN
Citizens Bank
Citizens Bank Branch
100 North St Road 267 Avon IN
The Huntington National Bank
102 North Lebanon Street Branch
102 North Lebanon Street Lebanon IN
Lake City Bank
Indianapolis North Branch
100 W 96th St Indianapolis IN
STAR Financial Bank
North Meridian Branch
9102 N Meridian St., Suite 101 Indianapolis IN
First National Bank
Plainfield Branch
101 West Main Street Plainfield IN
Old National Bank
Avon Branch
7517 Beechwood Road Ste 300 Avon IN
Citizens State Bank of New Castle, Indiana
Carmel In Branch
902 South Rangeline Road Carmel IN
First Financial Bank
Avon Branch
9554 E Us Highway 36 Avon IN
The National Bank of Indianapolis
West Carmel/Zionsville Branch
10590 North Michigan Road Carmel IN
Lake City Bank
Indianapolis North Branch
100 W 96th St Indianapolis IN
First Farmers Bank & Trust Co.
Sheridan Branch
2400 West State Road 38 Sheridan IN
State Bank
Lebanon In Branch
2436 North Lebanon Street Lebanon IN
The National Bank of Indianapolis
West Carmel/Zionsville Branch
10590 North Michigan Road Carmel IN
First Farmers Bank & Trust Co.
Sheridan Branch
2400 West State Road 38 Sheridan IN
KeyBank National Association
Lebanon Main Branch
127 West Main Street Lebanon IN
PNC Bank, National Association
Danville Central Branch
20 Old Farm Road Danville IN
Fifth Third Bank, National Association
Avon Banking Center Branch
10595 E. U.S. Highway36 Avon IN


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Four Year CDs - Branch Banks 2025

Four year CDs are a longer-term CD and offer a fixed rate for 4 years in return for a commitment to keep the money in the bank for this period of time. While savers can withdraw the money (termed "breaking the CD") high penalties make this undesirable. Generally, an individual should not invest in a four year CD unless they are comfortable parting with the money for this period of time.

Safety

Four year CDs from FDIC insured banks are insured up to FDIC limits (generally $250,000 per account holder per bank). If your deposit is over the FDIC limit then you may not receive the uninsured money in case of a bank failure. For this who remain within FDIC limits, the principal threat is inflation. The value of longer-term CDs are especially prone to be eaten away by inflation, especially if the CD is opened in a rising rate environment.

Interest

Four year CDs currently pay between .40-.60 percentage points more in interest than a one year CD. In general, CDs of this duration are best opened as part of a laddered CD portfolio or if the depositor thinks that rates will either stagnate or drop over the next couple of years. To get a sense of rate trends, please visit our BestCashCow rate analysis page.

ADVANTAGES AND DISADVANTAGES OF FOUR YEAR CDs

Advantages of four year CDs

  • 4 year CDs provide a fixed rate for the term of the CD
  • The rate is higher than a savings account or a 1 year CD to compensate for the longer term.
  • Branch-opened CDs can be done quickly in one day.

Disadvantages of four year CDs

  • The saver's money is locked away for four years unless they want to break the CD and pay a penalty.
  • In a rising rate environment, inflation will reduce the value of the money in the CD over time.
  • Branch CDs require the saver to visit a branch and be subjected to cross-sell pitches and other marketing tactics.

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.

SAVINGS & CD CALCULATOR

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