North Carolina

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Oak Ridge, North Carolina CD Rates

You are viewing rates from banks across Oak Ridge

 

Below are the best one-year CD Rates from banks in Oak Ridge, North Carolina. 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.

Oak Ridge, NC - July 5, 2025

1 Year CD National Average : 0.55% ?

Banks APY MIN MILES ?

Rate History: 1.70% → 3.00% → 2.75% → 2.50% → 4.25%

| Nov 17, 2020

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

Rate History: 3.00% → 3.50% → 4.00% → 3.55% → 3.75%

| 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

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

Rate History: 2.00% → 1.50% → 3.25% → 2.00%

| Feb 6, 2023

after over 100k in transactions through this bank in the course of a year not only did i suffer from fraud but this bank closed my accounts and i have been lliable for all the losses and to top it off with... Read More

| Apr 21, 2020

Your information is very inaccurate. Interest rates are a fraction of 1%. Call the bank yourself. Read More

0.50%

$100,000

17.78

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0.45%

$10,000

17.78

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| Aug 5, 2020

How Willian Investments Company Brought Happiness To My Home. Hello Everyone out there! My name is Tom Brandy, from USA, I am using this medium to announce to the general public on how Willian Investmen... Read More

0.30%

$10,000

20.88

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0.25%

$10,000

22.76

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| Mar 5, 2019

Pinnacle has not had a 3% CD since Oct of 2018. Read More

0.20%

$100,000

19.98

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0.15%

$10,000

19.98

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0.15%

$100,000

18.52

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| Sep 12, 2023

Can not cash a check at the branch on Chenal, because I did not have an appointment for the lobby. Could not use the Window service, it closes at 2pm on a Friday. I have a business account and am finding... Read More

| Dec 30, 2018

Garden14 Read More

0.10%

$10,000

18.52

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0.10%

$100,000

13.98

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0.07%

$10,000

13.98

Learn 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

| 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

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 Oak Ridge, NC - July 5, 2025


Branch Street City State
Woodforest National Bank
0399 Winston Salem North Carolina Wa Branch
4550 Kester Mill Road Winston Salem NC
Truist Bank
Jonestown Branch
121 Jonestown Road Winston Salem NC
Bank of America, National Association
Pavilions Branch
698 Hanes Mall Boulevard Winston Salem NC
Wells Fargo Bank, National Association
Country Club Branch
4626 Country Club Road Winston-Salem NC
First National Bank of Pennsylvania
Stratford Branch
161 South Stratford Road Winston-Salem NC
Piedmont Federal Savings Bank
Peace Haven Branch
2095 Peace Haven Road Winston Salem NC
Piedmont Federal Savings Bank
Peace Haven Branch
2095 Peace Haven Road Winston Salem NC
Carter Bank & Trust
Stoneville Branch
107 South Henry Street Stoneville NC
First Carolina Bank
Reidsville Branch
604 South Scales Street Reidsville NC
HomeTrust Bank
Arcadia Branch
8759 N. Nc Highway 150 Clemmons NC
Pinnacle Bank
Winston Salem Peace Haven Branch
1810 North Peace Haven Road Winston Salem NC
First Bank
Jonestown Branch
312 Jonestown Road Winston Salem NC
First Bank
Jonestown Branch
312 Jonestown Road Winston Salem NC
The Fidelity Bank
Winston-Salem Branch
3306 Healy Drive Winston Salem NC
Bank OZK
Winston Salem Branch
3288 Silas Creek Parkway Winston Salem NC
First Horizon Bank
Capital Bank, Na Country Club Rd Branch
4701 Country Club Road Winston Salem NC
The Fidelity Bank
Winston-Salem Branch
3306 Healy Drive Winston Salem NC
Mechanics & Farmers Bank
Winston-Salem Branch
770 M.L. King Blvd. Winston Salem NC
Mechanics & Farmers Bank
Winston-Salem Branch
770 M.L. King Blvd. Winston Salem NC
PNC Bank, National Association
Mount Tabor Branch
3333 Robinhood Road Winston Salem NC
First-Citizens Bank & Trust Company
Brookridge Branch
1199 Hayes Forrest Road Winston-Salem NC


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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