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You are viewing rates from banks across Garden Grove
Below are 5-year CD Rates from banks that are located in Garden Grove, { California}. Five Year Certificates of Deposit (CD) are generally the longest term CD that most banks will offer. They tend to offer the highest rates but require the longest commitment. Five year CDs are especially popular in a declining interest rate environment as depositors can lock money in at the highest rate possible for the longest period of time. They are also popular with depositors who are willing to lock up money for five years in return for extra yield.
Garden Grove, CA - August 2, 2025
5 Year CD National Average : 0.92% ?
| Banks | APY | MIN | MILES ? | |
|---|---|---|---|---|
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4.20% |
$10,000 |
- |
Learn More
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Early Withdrawal Penalty is 730 days interest. |
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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 |
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4.00% |
$25,000 |
- |
Learn More
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Rate History: 3.05% → 3.50% → 4.11% → 4.00% |
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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 |
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3.95% |
$25,000 |
- |
Learn More
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Warning: Early Withdrawal Penalty is 2% of the account balance. |
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Frank M | Jul 3, 2023 A 2% early withdrawal fee on a 1-year CD is almost equally insane as a 270 day one. Read More |
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3.87% |
$10,000 |
18.83 |
Learn More
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Rate History: 4.49% → 4.44% → 4.28% → 4.07% → 3.87% |
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samcasino | Mar 5, 2021 The best rate on any CD or savings account is .40% Read More |
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3.80% |
$2,500 |
- |
Learn More
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Rate History: 4.00% → 3.85% → 3.75% → 3.80% |
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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 |
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3.50% |
$1,000 |
22.59 |
Learn More
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Rate History: 2.27% → 3.95% → 2.27% → 3.50% |
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3.45% |
$1,000 |
13.82 |
Learn More
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Rate History: 3.95% → 3.85% → 3.80% → 3.45% |
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3.35% 0.35% |
$250,000 $1,000 |
18.57 |
Learn More
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Rate History: 3.45% → 3.65% → 3.35% |
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NORTY FLATZ | Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More |
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2.75% |
$500 |
- |
Learn More
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Jim S | Dec 21, 2023 Very easy to setup 6 month 5.35% CD from cornerstone account Read More |
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2.53% |
$1,000 |
19.26 |
Learn More
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Rate History: 3.05% → 2.53% |
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2.00% |
$0 |
20.89 |
Learn More
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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 |
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2.00% |
$1,500 |
22.08 |
Learn More
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Ryan | Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More |
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2.00% |
$10,000 |
24.79 |
Learn More
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Rate History: 2.00% → 2.50% → 2.00% |
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Hayley7788d@outlook.com | Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More |
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1.77% |
$1,000 |
18.04 |
Learn More
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1.31% |
$10,000 |
18.86 |
Learn More
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Rate History: 1.51% → 1.31% |
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1.24% |
$10,000 |
4.37 |
Learn More
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1.06% |
$100,000 |
10.61 |
Learn More
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1.01% |
$10,000 |
10.61 |
Learn More
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1.00% |
$10,000 |
22.68 |
Learn More
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1.00% |
$100,000 |
10.59 |
Learn More
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maris | Mar 2, 2019 does require us citizenship? Read More |
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0.90% |
$10,000 |
19.91 |
Learn More
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0.80% |
$10,000 |
10.03 |
Learn More
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0.75% |
$100,000 |
13.83 |
Learn More
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kristinalouise | Dec 6, 2018 I have to say, as a local business owner, I purposefully chose to work with a 'local business bank'. I moved my checking over when I incorporated and assumed that I would go to them when my needs increased... Read More |
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0.75% |
$100,000 |
20.70 |
Learn More
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0.75% |
$10,000 |
11.30 |
Learn More
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0.75% |
$10,000 |
16.52 |
Learn More
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0.75% |
$100,000 |
18.94 |
Learn More
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0.70% |
$10,000 |
13.83 |
Learn More
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kristinalouise | Dec 6, 2018 I have to say, as a local business owner, I purposefully chose to work with a 'local business bank'. I moved my checking over when I incorporated and assumed that I would go to them when my needs increased... Read More |
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0.65% |
$10,000 |
19.02 |
Learn More
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RHG | Jan 29, 2019 The Bank does not have this product. Read More |
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0.55% |
$10,000 |
19.07 |
Learn More
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0.50% |
$1,000 |
- |
Learn More
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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 |
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0.50% |
$10,000 |
18.94 |
Learn More
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0.50% |
$1,000 |
19.23 |
Learn More
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0.45% |
$10,000 |
22.58 |
Learn More
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0.45% |
$10,000 |
18.97 |
Learn More
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0.40% |
$10,000 |
19.77 |
Learn More
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Michael strubert | Jun 8, 2021 Someone from Beneficial State Bank tried to cash a fraudulent check on my EECU account for $469.99. On 6/1/21. Read More |
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0.40% |
$50,000 |
19.00 |
Learn More
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0.40% 0.25% |
$1,000 $500 |
24.89 |
Learn More
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Ugg | Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More |
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0.30% |
$10,000 |
20.70 |
Learn More
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0.30% |
$10,000 |
18.99 |
Learn More
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Bauhinia C | Mar 15, 2023 Oh Natty natty natty, haha the fact you need to take out (probably a second) loan for $160,000 on a $625,000 sends up all kinds of red flags. The bank was right to run away from YOU dear hahaha. Read More |
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0.25% |
$10,000 |
- |
Learn More
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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 |
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0.20% |
$1,000 |
- |
Learn More
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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 |
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0.20% |
$1 |
19.36 |
Learn More
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Cory,Baldwin | Oct 18, 2016 IF the Cd's our that high then way i'm i the last to find out what The apys are. Read More |
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0.15% 0.10% |
$1 $0 |
17.93 |
Learn More
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Austin | Aug 25, 2021 I have banked with Umpqua in Gig Harbor since 2013 and although there money market rates are not good didn’t have much problem until I moved to Spokane and started using this branch on south hill. They ... Read More |
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0.15% |
$500 |
11.30 |
Learn More
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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 |
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0.03% |
$100,000 |
24.88 |
Learn More
|
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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 |
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0.00% |
$10,000 |
19.04 |
Learn More
|
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| Branch | Street | City | State |
|---|---|---|---|
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Community Commerce Bank Monterey Park Branch |
2323 S. Atlantic Boulevard | Monterey Park | CA |
|
State Bank of India (California) State Bank Of India (California) Branch |
707 Wilshire Boulevard, Suite 2900 | Los Angeles | CA |
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Monet Bank Irvine Branch |
5600 Michelson Drive, Suite 140 | Irvine | CA |
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Bank of Hope Torrance Market Branch |
4040 Pacific Coast Hwy | Torrance | CA |
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Zions Bank Torrance Branch |
21515 Hawthorne Boulevard, Suite 100 | Torrance | CA |
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Citibank, National Association 12710 Hawthorne Plaza Branch |
12710 South Hawthorne Boulevard | Hawthorne | CA |
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Habib American Bank Los Angeles Branch |
110 East Ninth Street, Al-10 | Los Angeles | CA |
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JPMorgan Chase Bank, National Association Baldwin Hills Branch |
3747 S La Brea Avenue | Los Angeles | CA |
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PCB Bank Torrance Branch |
2505 Torrance Boulevard | Torrance | CA |
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City National Bank Torrance Branch |
3424 Carson Street | Torrance | CA |
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California International Bank, N.A. California International Bank, N.A. Branch |
8632 East Valley Boulevard, Suite A | Rosemead | CA |
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CalPrivate Bank San Diego Private Bank Branch |
18552 Macarthur Blvd, Suite220 | Irvine | CA |
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CalPrivate Bank San Diego Private Bank Branch |
18552 Macarthur Blvd, Suite220 | Irvine | CA |
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California Business Bank California Business Bank Branch |
3200 El Camino Real, Suite 220 | Irvine | CA |
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First Credit Bank First Credit Bank Branch |
18552 Macarthur Boulevard, Suite 102 | Irvine | CA |
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United Pacific Bank San Gabriel Valley Regional Office Branch |
101 West Garvey Avenue | Montery Park | CA |
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Tustin Community Bank Tustin Community Bank Branch |
13891 Newport Avenue, Suites 100 & 130 | Tustin | CA |
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Mechanics Bank Newport Beach Branch |
610 Newport Center Drive, Suite 100 | Newport Beach | CA |
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Mega Bank Mega Bank Branch |
245 West Valley Boulevard | San Gabriel | CA |
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First Pacific Bank Sfs Branch |
12070 Telegraph Road Suite 100 | Santa Fe Springs | CA |
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SMBC MANUBANK Torrance Branch |
970 West 190th St., Suite #500 | Torrance | CA |
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Malaga Bank F.S.B. Torrance Skypark Branch |
23670 Hawthorne Blvd, Ste 101a | Torrance | CA |
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Mechanics Bank Newport Beach Branch |
610 Newport Center Drive, Suite 100 | Newport Beach | CA |
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Commonwealth Business Bank South Bay Branch |
3770 W. Sepulveda Blvd. | Torrance | CA |
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Farmers and Merchants Bank of Long Beach Torrance Branch |
22400 Hawthorne Boulevard | Torrance | CA |
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Malaga Bank F.S.B. Torrance Skypark Branch |
23670 Hawthorne Blvd, Ste 101a | Torrance | CA |
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First Bank Torrance Branch |
21705 Hawthorne Blvd | Torrance | CA |
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Western Alliance Bank Downtown Los Angeles Branch |
601 West 5th Street | Los Angeles | CA |
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Royal Business Bank Torrance Branch |
23740 Hawthorne Blvd. Suite 103 | Torrance | CA |
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Beneficial State Bank Los Angeles Branch |
3626 East First Street | Los Angeles | CA |
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Cathay Bank Torrance Branch |
23211 Hawthorne Boulevard, Suite 108 | Torrance | CA |
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U.S. Bank National Association Baldwin Hills Branch |
3605 South La Brea Avenue | Los Angeles | CA |
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Bank of Hope Torrance Market Branch |
4040 Pacific Coast Hwy | Torrance | CA |
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Mega Bank Mega Bank Branch |
245 West Valley Boulevard | San Gabriel | CA |
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East West Bank Torrance Branch |
23737 Hawthorne Boulevard | Torrance | CA |
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U.S. Bank National Association Baldwin Hills Branch |
3605 South La Brea Avenue | Los Angeles | CA |
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Comerica Bank Torrance Main Banking Center Branch |
21153 Hawthorne Boulevard | Torrance | CA |
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Umpqua Bank Torrance Store Branch |
2355 Crenshaw Boulevard, Ste 146 | Torrance | CA |
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First-Citizens Bank & Trust Company Newport Beach Branch |
1201 Dove Street | Newport Beach | CA |
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Umpqua Bank Torrance Store Branch |
2355 Crenshaw Boulevard, Ste 146 | Torrance | CA |
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Bank of America, National Association Baldwin Hills Village Branch |
3615 South La Brea Avenue | Los Angeles | CA |
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Industrial and Commercial Bank of China USA, National Association Torrance Branch |
23133 Hawthorne Boulevard. Suite 100 | Torrance | CA |
BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.
Five-year CDs are the big kahuna of the CD world. While banks may offer six-year, seven-year, or even 10-year CDs, the five-year is the longest of the most commonly offered terms. The 5-year CD is therefore often the highest offer at your local bank. Therefore, the temptation for those looking for yield is to open one, deposit money, and forget about it for five years. This could be a mistake. In rising rate environments a five-year CD may not be a good investment.
Like every other CD term, five year CDs from FDIC insured banks are protected 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.
The principle threat to a a five year CD is inflation. If the CD is opened in a low rate environment, and rates and inflation subsequently rise, then inflation will erode the value of the certificate of deposit over its five years. For example, if a depositor opened a five year CD in year 1 with a yield of 2.05% APY and inflation at 1.5%, then the real return is .55 percentage points. But if inflation rises the next year to 2.5% and stays there for the next four years, then the CD in real terms is losing money every year: 2.05% - 2.5% = -.45%.
While it is impossible for anyone to predict too far into the future, savers should be cognizant of the economic environment before locking up money for a five year time-period. Our rate analysis page provides some insight into where we think rates will go.
On the other hand, if rates are falling and will continue to do so for some time due to an economic recession then it makes sense to lock in a higher rate with a five year CD. Savers who opened five year CDs in 2008 immediately after the financial crisis were able to lock in rates in the 6% range, a great move considering two years later a five year CD paid below 3%.
Five-year CDs currently pay about 1.00% 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.
Opening a five year CD in a branch is relatively easy and similar to every other CD term. Most banks require the customer be a resident of the United States and most branch-based banks ask that the account be opened in the bank. Funding can be performed by transferring money that is already located at that bank or by check or ACH transfer from another bank. The CD can be opened that day and the rate locked.
With longer term CDs, savers should make sure they put a record of the CD in a safe place and that if they move, they forward their new address to the bank. In cases where the bank cannot find the CD holder, the bank may hand the funds over to a state authority as a lost deposit, and it will require onerous paperwork to reclaim the money.
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.
Use or Change these Amounts And Rates