Best 60-Month CD Rates - August 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Finance Calculators
Top 60-month CD rates currently available include Italo American Credit UnionItalo American Credit Union6652 Myrtle Ave, Glendale, NY 11385 7057A+5.0 ★Texas Ratio: 0.00%Real return: +2.45%APY minus CPI (February 2026) offering 5 years at 5.25% APY, and 1st Community Credit Union1st Community Credit Union1000 W Wisconsin St, Sparta, WI 54656 2230A+5.0 ★Texas Ratio: 4.67%Real return: +1.80%APY minus CPI (February 2026) offering 60-MONTH YOUTH CERTIFICATE SPECIAL at 4.60% APY, and Raymond James BankRaymond James Bank710 Carillon Pkwy, Saint Petersburg, FL 33716A+5.0 ★Texas Ratio: 3.67%Real return: +1.75%APY minus CPI (February 2026) offering 60 Months at 4.55% APY, and State Bank of NewburgState Bank of Newburg300 Congress Dr Hwy 33, Newburg, WI 53060A+5.0 ★Texas Ratio: 0.29%Real return: +1.74%APY minus CPI (February 2026) offering 60 mo Certificate of Deposit at 4.54% APY. CD rates as of August 28, 2026 according to verified data from MonitorBankRates.
A 5-year CD is the longest standard CD term, designed for savers who want to maximize fixed yield and are comfortable locking in funds for the long term. It is often the highest-yielding option available and pairs naturally with retirement or long-term savings goals. We display Safety Grades, Star Ratings, and Texas Ratios so you can choose a stable institution with confidence.
The APYs displayed reflect actual verified offers. Rates are subject to change at the institution’s discretion without notice. A substantial penalty may be imposed for early withdrawal. 60-Month CD Rates Last Updated and Verified: August 28, 2026
Compare the Best 60-Month CD Rates Nationwide
Regular IRA And Roth IRA
FOR AGES 0-12 YEARS OLD; Minimum deposit of $500, Maximum $10,000. Annual Percentage Yield is based on assumption that dividends will remain in account until maturity. A penalty may be imposed for withdrawals before maturity. Contact 1st CCU for full details, qualifications, restrictions, funds availability, terms and conditions. Youth members may have one of each Youth Certificate type. Teen members may have one Teen Certificate and one of each Youth Certificate type. Certificates are subject to age restrictions. Cannot be opened as UTMA account. Certificate must be in the minor's name. Membership eligibility required. Anyone who lives or works in La Crosse, Monroe, Buffalo, Trempealeau, Jackson, Eau Claire, Clark, Wood, Adams, Juneau, Sauk, Richland, Crawford, or Vernon County is eligible to join 1st CCU. Federally insured by NCUA.
(purchased through Raymond James brokerage account)
Opening Balance: $10,000 or above; Interest Will Be Credited: Monthly
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Callable CD
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Variable Rate
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Interest paid quarterly
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payroll deposit only
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Click to Open CD
No additional deposits after initial deposit.
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Epic Premium account holders will enjoy a .25% bonus on a new 5-year Term Share Certificate
Non-Rewards+ Loyalty Program Dividend rate: 2.96%, Non-Rewards+ Loyalty Program APY: 3.00%
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Compounded: Quarterly; Credited: Quarterly
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VIP BONUS. Traditional or Roth plans available. Can be established under a Certificate of Deposit or Insured Money Management Account. Contributions are usually tax deductible.
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Earn exceptional dividends monthly. Higher rates for balances of $50,000 or more. No monthly fee. Automatic renewal options available. Federally insured balances up to $250,000.00.
Penalty: 180 Days1
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Dividends are paid monthly. IRA Share accounts pay monthly dividends at the same rate as Savings accounts. Once your account is established, you may not make additional deposits. We may impose a penalty equal to 90 days dividends if you withdraw the CD funds before the maturity date (regular IRA distributions are excluded from this). Rate bump-up available for IRA/HSA certificates with terms of 24, 36, 48, and 60 months. This allows you to "bump-up" your existing certificate rate to the current rate within the same term, without changing the maturity date of the certificate. Rate "bump-up" allowed once during the term of the CD.
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Must maintain a minimum $50,000 balance to earn APY. Interest is compounded monthly and credited monthly.
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Automatic Renewal to Regular Certificate
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Apply Online
Penalty: 180 days interest
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Annual Percentage Yield (APY) is accurate as of 07/14/2026. Rates and terms subject to change. Penalty for early withdrawal. Fees may reduce earnings on the account.
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$100,000 and Above
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Loyalty Rate: 3.97%, Loyalty APY: 4.05%
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Interest Compounded: Quarterly; Interest Credited: Quarterly
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Additional 0.25% APY on Jumbo Certificate with a balance of $250,000+
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The Certificate of Deposit Dividend Rate and Annual Percentage Yield (APY) as set forth below, are fixed rates and will be in effect for the term of the account. Dividend paid monthly. A penalty may be imposed for early withdrawal.
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The Share Certificate rates reflect rates earned with a minimum monthly direct deposit of $200.
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Minimum to Open $1,000.00
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JUMBO
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Rate is 0.100% APY lower for non-GoldStar� members
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Available as an IRA�
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Jumbo APY: 4.05%, Jumbo Dividend Rate: 3.98%, Early Withdrawal Penalty: 180 Days' Dividends
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Compounded quarterly. Rates provided directly by the institution (not published online).
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$10,000; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
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Interest paid quarterly via ACH to any account designated by the customer institution; Withdrawal before maturity is not permitted; BBW can arrange for the safekeeping of the instrument upon request
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Early Withdrawal Penalty: 6 month interest
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Interest paid quarterly.
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Share certificates include both Roth and Traditional Share IRAs. Additional deposits of at least $100 can be made on certificates with a term of 1 year or less and on our 13-month Flex Special. Dividends are earned and posted monthly. Share Certificate early withdrawal penalties: 90 days of dividends if 1 year or less; 180 days of dividend if over 1 year.
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Call for weekly rates and information. Early withdrawal penalties apply.
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Early withdrawal penalties apply.
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Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Tracked Nationwide
About Our 60-Month CD Rate Database
MonitorBankRates tracks 3,451 60-month CD rates from 2,009 institutions across the United States. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: Italo American Credit Union offers a 60-month CD at 5.25% APY with a minimum deposit of $0. Use the rate table above to compare all current offers.
60-Month CD Rate Trend
Daily national average APY for 60-month CDs
Daily averages compiled from our database of 8,500+ banks and credit unions — updated daily.
National 60-month CD rates rose 0.010 points over the past 7 days to 2.761% APY, up from 2.750% 7 days ago.
60-Month CD Rate Forecast — Next 12 Months
Where are 60-month CD rates headed through August 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
CD Calculators
Enter any deposit amount to see exactly how much interest you earn at the end of your 60-month term at today’s top APY.
CD Ladder with 60 months RungA 5-year CD is the longest standard term and anchors the far end of any CD ladder. Model total earnings and see how it complements shorter rungs for maximum long-term yield.
Early Withdrawal Penalty60-month CDs typically carry a 365 days interest penalty for early access. Calculate your actual net return if you need funds before maturity.
60-Month CD vs. High-Yield Savings5-year CD rates can significantly outpace savings APYs over the same period. Compare both to see the compounded earnings difference over a full 5-year horizon.
How to Find the Best 60-Month CD Rates
What to compare when shopping for a 60-month CD
To find the best APYs on a 60-month CD, start with credit unions and online-only banks — they consistently offer the highest yields because they have lower overhead than traditional brick-and-mortar banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn. A CD advertised at 4.75% interest compounding monthly is worth more than one at 4.80% compounding annually.
Also compare the early withdrawal penalty. On a 60-month CD, common penalties range from 30 to 90 days of interest. If you’re unsure whether you’ll need the funds early, a penalty-free no-penalty CD or a high-yield savings account may be a better fit.
When a 60-Month CD Makes Sense
- You have a planned purchase or expense in ~60 months and want to earn while you wait
- You expect interest rates to fall and want to lock in today’s rate short-term
- You want the highest fixed rate available and can commit savings for a full 5-year term without needing access
- You want FDIC/NCUA protection with a guaranteed fixed return
Consider an Alternative If…
- You may need funds before 3 months → High-yield savings
- Rates are rising and you want to benefit → Variable-rate savings or MMA
- You want check-writing or debit access → Money market account
60-Month CD vs. Other Savings Options
| Feature | 60-Month CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked 60 months | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (30–90 days interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known near-term goal, CD ladder start | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
60-Month CD FAQs
What is a 60-Month (5-Year) Certificate of Deposit?
Are 5-year CD rates higher than shorter-term CDs?
Is my money safe in a 60-month CD?
What happens if I withdraw money from a 5-year CD early?
What is APY and why does it especially matter for a 5-year CD?
Is locking in a 5-year CD rate a good strategy when rates are high?
How can I use a 60-month CD in a CD ladder?
Is a 60-month CD better than a 36-month CD?
Methodology & Data Sources
Direct-Sourced & Verified CD Rate Data: We aggregate 60-month CD rates nationwide directly from the official websites of banks and credit unions using our proprietary rate aggregation technology. By pulling data straight from the institutions’ own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available 5-year CD yields across the country. We feature a comprehensive mix of financial institutions — from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly based on Federal Reserve policy and market conditions, every CD product listed features its own specific “last updated” date for full transparency.
Proprietary Institution Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you deposit with secure, reliable institutions.
