Indiana

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Evansville, Indiana CD Rates – 6-Month

You are viewing rates from banks across Evansville





Below are the best six-month CD Rates from banks with branches in Evansville, Indiana . Six month CDs are considered short-term cds and the yield is comparable to savings and money market rates. You may want to consider opening a 6 month CD if you are concerned about savings rates dropping and don’t mind locking up your money for six months.

Evansville, IN - August 1, 2025

6 Month CD National Average : 0.41% ?

Banks APY MIN MILES ?

Rate History: 0.01% → 4.50%

Rate History: 4.51% → 4.40% → 4.35% → 4.30% → 4.40%

| 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

Early Withdrawal Penalty is 90 days interest.
Rate History: 4.40% → 4.35% → 4.00% → 4.15% → 4.40%

| 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: 3.50% → 4.50% → 4.75% → 4.65% → 4.35%

| Jun 26, 2020

Rate not current Read More

Rate History: 4.55% → 4.25% → 4.30% → 3.95% → 4.15%

| 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

Rate History: 5.10% → 5.20% → 4.50% → 4.00% → 3.80%

| Nov 12, 2018

Helpful w/$ Read More

Rate History: 4.70% → 4.50% → 4.30% → 3.90% → 3.00%

| 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

Rate History: 3.35% → 3.00% → 2.75%

| Nov 17, 2020

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

0.50%

$10,000

8.14

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0.45%

$10,000

14.28

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0.40%

$10,000

3.58

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0.40%

$10,000

13.16

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0.25%

$10,000

11.88

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0.25%

$10,000

11.19

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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

| 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

0.15%

$1,000

8.64

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0.15%

$100,000

8.97

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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

0.10%

$10,000

8.75

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0.10%

$10,000

8.97

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0.10%

$10,000

19.40

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0.05%

$10,000

1.55

Learn 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 Evansville, IN - August 1, 2025


Branch Street City State
Regions Bank
Evansville Branch
7400 Eagle Crest Boulevard Evansville IN
Regions Bank
Evansville Branch
7400 Eagle Crest Boulevard Evansville IN
Fifth Third Bank, National Association
Mount Vernon In Branch
112 East Third Street Mount Vernon IN
Woodforest National Bank
0235 West Evansville Indiana Branch
335 South Red Bank Road Evansville IN
Field & Main Bank
Burkhardt Branch
1020 North Burkhardt Road Evansville IN
United Fidelity Bank, fsb
4th St Branch
500 E 4th St Mount Vernon IN
First Federal Savings Bank
2950 St Philip Road South Branch
2950 St Philip Road South Evansville IN
The First National Bank of Carmi
Mount Vernon Branch
450 Southwind Plaza Mount Vernon IN
Peoples Trust and Savings Bank
Newburgh Branch
705 State Street Newburgh IN
LNB Community Bank
Newburgh Branch
1204 State Road662 West Newburgh IN
Legence Bank
Virginia Street Branch
7325 East Virginia Street Evansville IN
First Financial Bank, National Association
Evansville Branch
12600 N. Us Hwy 41 Evansville IN
Old National Bank
402 Main Street Branch
402 Main Street Mount Vernon IN
WesBanco Bank, Inc.
Evansville Financial Center Branch
727 N. Cross Pointe Boulevard Evansville IN
First Financial Bank, National Association
Evansville Branch
12600 N. Us Hwy 41 Evansville IN
Boonville Federal Savings Bank
Boonville Federal Savings Bank Branch
123 N Third Street Boonville IN
Banterra Bank
Evansville West - 4200 Branch
705 North Saint Joseph Avenue Evansville IN


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PRODUCT INFORMATION

6 Month Branch Certificates of Deposit 2025

Six month certificates of deposit (CDs) provide depositors with a short term vehicle for keeping money safe and earning interest. With a six month CD, depositors agree to leave their money in the account for six months in return for a fixed rate of interest over this period. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

In general, almost all brick-and-mortar banks provide CDs to their consumers. Opening one involves taking a trip to the branch although some banks allow CDs to be opened via the phone or online. In general, local banks discourage depositors from out-of-state to open accounts, although this is not a hard rule and if you see an attractive rate from a bank in another state, it is worth investigating the account opening policy. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

The advantages of six month CDs opened via a traditional bank are:

  • Funds deposited in FDIC banks and within insurance limits are protected by the full faith and credit of the United States government.
  • CDs provide a predictable, set rate of return.
  • Depositors can walk into a local branch and open the CD and fund it that day. Question and inquiries can also be handles in-person.

The disadvantages of six month CDs are:

  • Six month CDs currently pay interest rates significantly below many online and branch-based savings and money market accounts.
  • The deposited money is committed for six months.
  • Six month CDs from traditional banks often pay less interest than from online banks.

When interest rates are falling, it is often preferable to lock in high rates for an extended period of time with a longer-term CD. When interest rates are rising, depositors should avoid committing their money for long periods of time. To see interest rate trends, visit the BestCashCow rate analysis page.

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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