Missouri

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Richmond, Missouri CD Rates

You are viewing rates from banks across Richmond





Below are the best one-year CD Rates from banks in Richmond, Missouri. One year CDs are usually the most popular term and offer a decent yield without having to lock-up money for an extended period of time. One year CD Rates are generally comparable to or a little higher than their savings and money market counterparts.

Richmond, MO - July 16, 2025

1 Year CD National Average : 0.55% ?

Banks APY MIN MILES ?

Rate History: 3.75% → 4.25% → 3.75% → 3.51% → 3.25%

| 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

0.70%

$10,000

21.01

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0.60%

$500

24.87

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| Feb 4, 2020

Academy was great helping me open a new account Read More

0.50%

$10,000

17.43

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0.50%

$10,000

21.17

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0.50%

$1

15.97

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0.50%

$10,000

23.82

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0.45%

$10,000

15.87

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0.45%

$1,000

21.14

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0.40%

$10,000

13.72

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0.30%

$10,000

14.63

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| May 29, 2018

First this is a centurion bank. It’s done something right for over 100 yrs. Through the Great Depression & Recent Recessions which says a lot. They stick to what they know and do best Ag lending. They ar... Read More

0.10%

$10,000

23.05

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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 Richmond, MO - July 16, 2025


Branch Street City State
Bank of America, National Association
Independence 24 Highway Branch
17410 East 24 Highway Independence MO
Concordia Bank of Concordia, Missouri
Concordia Bank Branch
325 South 2nd Street Odessa MO
State Bank of Missouri
Grain Valley Branch
1301 Sw Eagles Parkway Grain Valley MO
Academy Bank, National Association
Richmond Wal-Mart Branch
908 Walton Way Richmond MO
Bank Northwest
Polo Branch
Highways 13 And 116 Polo MO
Pony Express Bank
Pony Express Bank Branch
213 Main St Braymer MO
NBKC Bank
Nbkc Bank Branch
2380 Vintage Court Excelsior Springs MO
The Bank of Grain Valley
The Bank Of Grain Valley Branch
500 Main Street Grain Valley MO
Goppert Financial Bank
29206 Northeast 184th Street Branch
29206 Ne 184th Street Branch Lawson MO
Wood & Huston Bank
Wood & Huston Bank Branch
1921 North Main Street Higginsville MO
Preferred Bank
Napoleon Bank Branch
295 W 2nd Street Napoleon MO
Community Bank of Missouri
Community Bank Of Missouri Branch
1400 Hospital Drive Excelsior Springs MO
TBO Bank
The Bank Of Orrick Branch
113 E. South Front St. Orrick MO
Equity Bank
Higginsville Hwy Branch 36
1919 North Highway 13 Higginsville MO
Commerce Bank
24 Highway Branch
17601 East 24 Highway Independence MO


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

PRODUCT INFORMATION

Certificates of Deposit - Branch Banks 2025

A certificate of deposit (CD) is a savings product offered by a bank in which a depositor (someone who has money to put into the bank) agrees to commit a certain amount of money for a set period of time, in return for a fixed rate of interest. While it is possible to withdraw the money earlier (breaking the CD) doing so comes with high interest penalties and is generally not advised.

CD Terms

The time period in which money is held in a certificate of deposit is called the term. Terms can run for any period of time but in general, banks use the following terms: 3 months, 6 months, 12 months, 18 months, 24 months, 36 months, 48 months, and 60 months. Terms can either be described in months or years. The term that is right for each individual depends on their goals, the rate they which to earn, and their future plans for the money. In general, if rates are going up, savers should avoid putting the money into a long-term CD. If rates are going down, then the opposite is true, and savers should try and lock into a good rate for an extended period of time. In stable rate environments, CDs that are over 12 months in length can enable depositors to pick up a slight premium over savings accounts.

CD Risk

Almost all banks provide CDs to their consumers and they have been a mainstay of savers and retirement accounts for years. If FDIC insured, the CD represents a safe place to put money that will generate a predictable return.

Inflation is the main risk of a CD. Inflation can often run higher than the inflation adjusted return on a CD, thus eroding the value of the money stored in the CD over time. This is especially true for longer-term CDs opened in low interest rate environments.

How Interest is Paid

The method of distributing the interest earned on a CD varies by bank. Some banks pay interest monthly, other semi-annually, and others at the maturity of the CD. One advantage of a branch-based bank is that a depositor can walk into the bank and receive their interest that day in the form of a check. Online banks tend to use electronic funds transfer or check via mail.

Interest Rate

Since the financial crisis in 2008, CDs have become less popular because the yields they offer have dropped precipitously, making it difficult for retirees and savers to generate sufficient income. But investors looking for a place to stash some cash might still find CDs an attractive place for some of their savings. Online banks generally offer better rates on six month CDs but the accounts must be opened online. View online bank rates.

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.

ADVANTAGES AND DISADVANTAGES

The advantages of a Certificate of Deposit from a branch 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 branch-based CDs are:

  • The deposited money is committed for a certain period of time and can only be withdrawn with substantial penalties.
  • One year CDs from branch banks often pay less interest than from online banks. Please see those rates here.

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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