Texas

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Conroe, Texas CD Rates – 5-Year

You are viewing rates from banks across Conroe





Below are 5-year CD Rates from banks that are located in Conroe, { Texas}. 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.

Conroe, TX - July 31, 2025

5 Year CD National Average : 0.92% ?

Banks APY MIN MILES ?

Early Withdrawal Penalty is 730 days interest.
Rate History: 4.10% → 4.20% → 4.15% → 4.05% → 4.20%

| 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% → 4.15% → 4.10% → 3.95% → 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

Rate History: 3.05% → 3.50% → 4.11% → 4.00%

| 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

Rate History: 4.00% → 3.85% → 3.75% → 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

| Jun 22, 2023

I have been with The Mint Ntl Bank for going on the 3rd yr. They have always taken care of my CD investment and changes that come after the maturity (yearly) date. I highly recommend them! Read More

Rate History: 2.75% → 2.75% → 4.00% → 3.75% → 3.50%

| Aug 30, 2023

Try to open account on line make you use PLAID to xfer money PLAID doesn't connect with many banks, Cannot do over phone. Discover, Penfed all ok this bank is useless. I had acct before still bad. Stay aw... Read More

| Dec 21, 2023

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

Rate History: 3.05% → 2.53%

Rate History: 1.00% → 2.42%

| May 29, 2020

Dua Read More

Rate History: 1.00% → 1.35% → 1.30% → 1.35%

| Nov 17, 2020

Is notarie services available today at a woodforest on wilkinson blvd Read More

1.00%

$100,000

23.13

Learn More

0.90%

$10,000

23.13

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| Feb 17, 2022

Worst bank ever. Buying everyone and screwing them up. Read More

0.80%

$100,000

9.52

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| Feb 17, 2022

Worst bank ever. Buying everyone and screwing them up. Read More

| Feb 17, 2022

Worst bank ever. Buying everyone and screwing them up. 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

0.50%

$10,000

9.52

Learn More

| 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

| 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

| Nov 26, 2019

They might be covered but they do little to safeguard your money. I was hacked, the hackers posed as bank employees accessed my account and made payments to fraudulent accounts. I had to explain to them wh... Read More

| 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

| 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

0.06%

$1,000

7.49

Learn More

Rate History: 0.03% → 0.05%

| Jul 28, 2022

Not at all happy with Truist compared to BB+T. New transaction policy makes them painfully slow. Paying .01 % interest on money market accounts, 13 week T Bill's are around $2.5%.I hope that they are enj... 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 Conroe, TX - July 31, 2025


Branch Street City State
The MINT National Bank
The Mint National Bank Branch
1213 Kingwood Drive Kingwood TX
Amerant Bank, Formerly Mercantil Bank
The Woodlands Branch
1735 Research Forest Drive Shenandoah TX
First Financial Bank
Montgomery Branch
14125 Liberty Street Montgomery TX
Zions Bank
Montgomery Branch
20800 Eva Street Montgomery TX
Southside Bank
Splendora Branch
14500 Old Us Highway 59 Splendora TX
Southside Bank
Splendora Branch
14500 Old Us Highway 59 Splendora TX
BOKF, National Association
1960 & Northgate Forest Branch
15725 Cypresswood Medical Drive Houston TX
Woodforest National Bank
0311 Magnolia Branch
18535 Fm 1488 Road, Suite 110 Magnolia TX
First National Bank Texas
Huntsville Banking Center - Rc 605 Branch
1716 Highway Interstate 45 Huntsville TX
First National Bank Texas
Huntsville Banking Center - Rc 605 Branch
1716 Highway Interstate 45 Huntsville TX
Prosperity Bank
Magnolia Branch
18935 Fm 1488 Magnolia TX
Benchmark Bank
The Woodlands Branch
2501 Research Forest Drive The Woodlands TX
Prosperity Bank
Magnolia Branch
18935 Fm 1488 Magnolia TX
Prosperity Bank
Magnolia Branch
18935 Fm 1488 Magnolia TX
Benchmark Bank
The Woodlands Branch
2501 Research Forest Drive The Woodlands TX
East West Bank
Veterans Memorial Branch
13480 Veterans Memorial Dr Houston TX
Origin Bank
Champions Branch
6767 Fm 1960 West Houston TX
Comerica Bank
Hwy 249-Louetta Rd. Branch
10939 Louetta Rd. Houston TX
Citizens Bank
The Woodlands Branch
3705 College Park Drive The Woodlands TX
Regions Bank
Magnolia Tx Branch
18934 Fm 1488 Magnolia TX
Truist Bank
Cypresswood Branch
10011 Cypresswood Drive Houston TX
Regions Bank
Magnolia Tx Branch
18934 Fm 1488 Magnolia TX


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

PRODUCT INFORMATION

Five Year CDs - Branch Banks 2025

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.

Safety

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.

Inflation

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%.

Interest

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

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.

ADVANTAGES AND DISADVANTAGES OF FIVE YEAR CDs

Advantages of five year CDs

  • 5 year CDs provide the highest rate of the common CD terms.
  • The return is fixed for five years, which is an advantage in a flat or falling rate environment.

Disadvantages of five year CDs

  • The money is locked away for five years and cannot be withdrawn without a substantial 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.

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