Nebraska CD Rates 2023

Below are the best one-year CD Rates from banks in Nebraska. 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.

NE - June 9, 2023

1 Year CD National Average : 0.47% ^?

Advertiser Disclosure

Banks	APY	MIN	MILES ^?

Forbright Bank	5.20%	$1,000	-	Learn More on the Forbright Bank website
Start earning 5.20% APY with a high-yield CD that supports a greener economy. Easy signup. FDIC-insured.
First Foundation Bank	4.75%	$2,500	-	Learn More on the First Foundation Bank website
High-yield savings with long-term rate security. Member FDIC.
Discover Bank	4.75%	$2,500	-	Learn More on the Discover Bank website
Guaranteed returns. No account fees. Member FDIC.
M.Y. Safra Bank	5.23%	$500	-	Learn More Reviews (6)
Merrick Bank	5.20%	$25,000	-	Learn More Reviews (1)
Warning: Early Withdrawal Penalty is 2% of the account balance.
Ivy Bank	5.00%	$1,000	-	Learn More Reviews
Bask Bank	5.00%	$1,000	-	Learn More Reviews
Union Bank and Trust Company	4.63%	$1,000	-	Learn More Reviews (1)
Commercial State Bank	4.25%	$1,000	-	Learn More Reviews
Capital One, National Association	4.15%	$1,000	-	Learn More Reviews (13)
Citibank, National Association	4.05% 0.05%	$500 $501	-	Learn More Reviews (11)
Blue Foundry Bank	4.00%	$1,000	-	Learn More Reviews
TD Bank, National Association	3.75% 1.00%	$10,000 $10,000	-	Learn More Reviews (1)
JPMorgan Chase Bank, National Association	3.75% 3.25%	$100,000 $10,000	-	Learn More Reviews (18)
Wells Fargo Bank, National Association	2.00% 1.50%	$100,000 $25,000	-	Learn More Reviews (7)
Hingham Institution for Savings	1.65%	$1,000	-	Learn More Reviews
Gateway First Bank	1.25%	$500	-	Learn More Reviews (3)
Bank of Dixon County	1.10%	$10,000	-	Learn More Reviews
Western Nebraska Bank	1.00%	$10,000	-	Learn More Reviews
The Tri-County Bank	1.00%	$10,000	-	Learn More Reviews
Elkhorn Valley Bank & Trust	1.00%	$10,000	-	Learn More Reviews
Bank of Orchard	1.00%	$100,000	-	Learn More Reviews
Tri Valley Bank	0.96%	$10,000	-	Learn More Reviews
State Bank of Scotia	0.95%	$50,001	-	Learn More Reviews
Community First Bank	0.90%	$10,000	-	Learn More Reviews
Madison County Bank	0.90%	$10,000	-	Learn More Reviews
Stanton State Bank	0.90%	$10,000	-	Learn More Reviews
Bank of Hartington	0.85%	$10,000	-	Learn More Reviews
State Bank of Scotia	0.85%	$1,000	-	Learn More Reviews
Citizens State Bank	0.85%	$10,000	-	Learn More Reviews
Farmers State Bank	0.80%	$10,000	-	Learn More Reviews
Pinnacle Bank	0.80%	$10,000	-	Learn More Reviews
Brunswick State Bank	0.80%	$1,000	-	Learn More Reviews
Bank of Lindsay	0.80%	$100	-	Learn More Reviews
Foundation One Bank	0.80%	$10,000	-	Learn More Reviews
Adams County Bank	0.80%	$100,000	-	Learn More Reviews (2)
Homestead Bank	0.75%	$100,000	-	Learn More Reviews (2)
Farmers and Merchants Bank	0.75%	$500	-	Learn More Reviews
Bank of Orchard	0.75%	$10,000	-	Learn More Reviews
Henderson State Bank	0.75%	$10,000	-	Learn More Reviews
Nebraska Bank of Commerce	0.75%	$10,000	-	Learn More Reviews
State Bank of Table Rock	0.75%	$10,000	-	Learn More Reviews
The Bank of Steinauer	0.75%	$10,000	-	Learn More Reviews
Citizens Bank & Trust Company	0.70%	$1,000	-	Learn More Reviews
Homestead Bank	0.70%	$10,000	-	Learn More Reviews (2)
Minden Exchange Bank & Trust Company	0.70%	$500	-	Learn More Reviews
Bank of Elgin	0.70%	$10,000	-	Learn More Reviews
First State Bank	0.70%	$10,000	-	Learn More Reviews
Citizens State Bank	0.70%	$10,000	-	Learn More Reviews
Custer Federal State Bank	0.70%	$100,000	-	Learn More Reviews
Bank of Lewellen	0.70%	$100,000	-	Learn More Reviews
Bank of Prague	0.70%	$10,000	-	Learn More Reviews
FirstBank of Nebraska	0.70%	$10,000	-	Learn More Reviews
City Bank & Trust Co.	0.70%	$100,000	-	Learn More Reviews
Countryside Bank	0.70%	$10,000	-	Learn More Reviews
Adams County Bank	0.70%	$10,000	-	Learn More Reviews (2)
Pathway Bank	0.69%	$100,000	-	Learn More Reviews
Custer Federal State Bank	0.65%	$10,000	-	Learn More Reviews
Cedar Rapids State Bank	0.65%	$1,000	-	Learn More Reviews
Nebraska State Bank	0.65%	$100,000	-	Learn More Reviews
First National Bank in Ord	0.65%	$100,000	-	Learn More Reviews
Cornerstone Bank	0.65%	$10,000	-	Learn More Reviews
Scribner Bank	0.65%	$100,000	-	Learn More Reviews
First State Bank Nebraska	0.65%	$10,000	-	Learn More Reviews
Enterprise Bank	0.65%	$10,000	-	Learn More Reviews
Exchange Bank	0.65%	$10,000	-	Learn More Reviews
Cornhusker Bank	0.65%	$10,000	-	Learn More Reviews
First Central Bank	0.65%	$10,000	-	Learn More Reviews
First Central Bank McCook	0.65%	$10,000	-	Learn More Reviews
Security Bank	0.62%	$10,000	-	Learn More Reviews
First Community Bank	0.60%	$10,000	-	Learn More Reviews
Cedar Security Bank	0.60%	$1,000	-	Learn More Reviews
Bank of Lewellen	0.60%	$10,000	-	Learn More Reviews
FirsTier Bank	0.60%	$10,000	-	Learn More Reviews
First Bank and Trust of Fullerton	0.60%	$10,000	-	Learn More Reviews
Wahoo State Bank	0.60%	$10,000	-	Learn More Reviews
First State Bank	0.60%	$10,000	-	Learn More Reviews
First Nebraska Bank	0.55%	$10,000	-	Learn More Reviews
Adams Bank & Trust	0.55%	$10,000	-	Learn More Reviews
Town & Country Bank	0.55%	$100,000	-	Learn More Reviews
Bank of Clarks	0.55%	$10,000	-	Learn More Reviews
Homestead Bank	0.55%	$100,000	-	Learn More Reviews (2)
Scribner Bank	0.55%	$10,000	-	Learn More Reviews
City Bank & Trust Co.	0.55%	$10,000	-	Learn More Reviews
South Central State Bank	0.55%	$10,000	-	Learn More Reviews
The First National Bank of Johnson	0.55%	$10,000	-	Learn More Reviews
Butte State Bank	0.51%	$100,000	-	Learn More Reviews
First Bank and Trust Company	0.51%	$500	-	Learn More Reviews
USAA Federal Savings Bank	0.50%	$1,000	-	Learn More Reviews (2)
Great Plains State Bank	0.50%	$10,000	-	Learn More Reviews
Pinnacle Bank - Wyoming	0.50%	$10,000	-	Learn More Reviews
Flatwater Bank	0.50%	$500	-	Learn More Reviews
American Exchange Bank	0.50%	$10,000	-	Learn More Reviews
State Nebraska Bank & Trust	0.50%	$10,000	-	Learn More Reviews
CHARTER WEST BANK	0.50%	$10,000	-	Learn More Reviews
Lincoln FSB of Nebraska	0.50%	$10,000	-	Learn More Reviews
Platte Valley Bank	0.50%	$10,000	-	Learn More Reviews
Bank of the Valley	0.50%	$10,000	-	Learn More Reviews
Columbus Bank and Trust Company	0.50%	$100,000	-	Learn More Reviews
Homestead Bank	0.50%	$10,000	-	Learn More Reviews (2)
Platte Valley Bank	0.50%	$10,000	-	Learn More Reviews
JONES BANK	0.50%	$10,000	-	Learn More Reviews
Bank of Bennington	0.50%	$10,000	-	Learn More Reviews
American National Bank	0.50%	$10,000	-	Learn More Reviews
Access Bank	0.50%	$10,000	-	Learn More Reviews (1)
Home Federal Savings and Loan Association of Grand Island	0.50%	$10,000	-	Learn More Reviews
Farmers and Merchants Bank	0.50%	$100,000	-	Learn More Reviews
First State Bank	0.50%	$100,000	-	Learn More Reviews
Western National Bank	0.50%	$10,000	-	Learn More Reviews
The First National Bank of Johnson	0.50%	$100,000	-	Learn More Reviews
BankFirst	0.49%	$100,000	-	Learn More Reviews
Stockmens Bank	0.48%	$10,000	-	Learn More Reviews
Frontier Bank	0.45%	$500	-	Learn More Reviews
Butte State Bank	0.45%	$10,000	-	Learn More Reviews
Nebraska State Bank	0.45%	$10,000	-	Learn More Reviews
The Hershey State Bank	0.45%	$100,000	-	Learn More Reviews
Pathway Bank	0.45%	$10,000	-	Learn More Reviews
Town & Country Bank	0.45%	$10,000	-	Learn More Reviews
First State Bank & Trust Company	0.45%	$10,000	-	Learn More Reviews
United Republic Bank	0.45%	$10,000	-	Learn More Reviews
Farmers and Merchants Bank	0.45%	$10,000	-	Learn More Reviews
Cattle Bank and Trust	0.45%	$10,000	-	Learn More Reviews
Commercial Bank	0.45%	$10,000	-	Learn More Reviews
F&M Bank	0.45%	$100,000	-	Learn More Reviews
First Northeast Bank of Nebraska	0.40%	$10,000	-	Learn More Reviews
Five Points Bank of Hastings	0.40%	$500	-	Learn More Reviews (1)
West Plains Bank	0.40%	$100,000	-	Learn More Reviews
Sandhills State Bank	0.40%	$500	-	Learn More Reviews
Bruning Bank	0.40%	$10,000	-	Learn More Reviews
First National Bank in Ord	0.40%	$10,000	-	Learn More Reviews
The Potter State Bank of Potter	0.40%	$10,000	-	Learn More Reviews
Premier Bank	0.40%	$10,000	-	Learn More Reviews
Five Points Bank	0.40%	$10,000	-	Learn More Reviews
First Bank of Utica	0.40%	$10,000	-	Learn More Reviews
First State Bank	0.40%	$10,000	-	Learn More Reviews
Thayer County Bank	0.40%	$100,000	-	Learn More Reviews
Tecumseh Federal Bank	0.40%	$10,000	-	Learn More Reviews
Arbor Bank	0.38%	$10,000	-	Learn More Reviews
F&M Bank	0.35%	$100,000	-	Learn More Reviews
Pinnacle Bank	0.35%	$10,000	-	Learn More Reviews
Heartland Bank	0.35%	$100,000	-	Learn More Reviews (1)
Farmers and Merchants Bank of Ashland	0.35%	$10,000	-	Learn More Reviews
First Savings Bank	0.35%	$10,000	-	Learn More Reviews (1)
West Gate Bank	0.35%	$10,000	-	Learn More Reviews
York State Bank	0.35%	$100,000	-	Learn More Reviews
MNB BANK	0.35%	$10,000	-	Learn More Reviews
Dundee Bank	0.30%	$500	-	Learn More Reviews
Security First Bank	0.30%	$10,000	-	Learn More Reviews
West Plains Bank	0.30%	$10,000	-	Learn More Reviews
Great Southern Bank	0.30%	$250	-	Learn More Reviews
Washington County Bank	0.30%	$10,000	-	Learn More Reviews
The Hershey State Bank	0.30%	$10,000	-	Learn More Reviews
NebraskaLand National Bank	0.30%	$100,000	-	Learn More Reviews
Heartland Bank	0.30%	$10,000	-	Learn More Reviews (1)
Columbus Bank and Trust Company	0.30%	$10,000	-	Learn More Reviews
First Westroads Bank, Inc.	0.30%	$10,000	-	Learn More Reviews
UMB Bank, National Association	0.30%	$10,000	-	Learn More Reviews (2)
Waypoint Bank	0.30%	$10,000	-	Learn More Reviews
Pinnacle Bank	0.30%	$10,000	-	Learn More Reviews
York State Bank	0.30%	$10,000	-	Learn More Reviews
BankFirst	0.29%	$10,000	-	Learn More Reviews
Pinnacle Bank	0.25%	$500	-	Learn More Reviews
Genoa Community Bank	0.25%	$500	-	Learn More Reviews
Security National Bank of Omaha	0.25%	$100,000	-	Learn More Reviews
F&M Bank	0.25%	$10,000	-	Learn More Reviews
Central National Bank	0.20%	$50,000	-	Learn More Reviews
Astra Bank	0.20%	$500	-	Learn More Reviews
Midwest Bank National Association	0.20%	$100,000	-	Learn More Reviews
Pinnacle Bank	0.20%	$10,000	-	Learn More Reviews
Heritage Bank	0.20%	$10,000	-	Learn More Reviews
Nebraska State Bank and Trust Company	0.20%	$10,000	-	Learn More Reviews
NebraskaLand National Bank	0.20%	$10,000	-	Learn More Reviews
MUFG Union Bank, National Association	0.15%	$350	-	Learn More Reviews (3)
Midwest Bank National Association	0.15%	$10,000	-	Learn More Reviews
Central National Bank	0.15%	$10,000	-	Learn More Reviews
F&M Bank	0.15%	$10,000	-	Learn More Reviews
Sidney Federal Savings and Loan Association	0.15%	$10,000	-	Learn More Reviews
Northwest Bank	0.15%	$10,000	-	Learn More Reviews
Security National Bank of Omaha	0.10%	$10,000	-	Learn More Reviews
Pinnacle Bank	0.10%	$10,000	-	Learn More Reviews
First National Bank of Omaha	0.06%	$500	-	Learn More Reviews
KeyBank National Association	0.05%	$2,500	-	Learn More Reviews (2)
U.S. Bank National Association	0.05%	$500	-	Learn More Reviews (1)
PNC Bank, National Association	0.03%	$25,000	-	Learn More Reviews (1)
Bank of America, National Association	0.03%	$100,000	-	Learn More Reviews (6)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Online Banks →

See rates for Credit Unions →

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 2023

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.