Makawao, Hawaii Best CD Rates October 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Makawao, Hawaii CD rates range from 0.01% to 4.50% APY, verified by MonitorBankRates as of October 23, 2026. Current Makawao, Hawaii CD rates include Bank of HawaiiBank of Hawaii55 Pukalani St Ste D 31, Makawao, HI 96768A+5.0 ★Texas Ratio: 1.43%Real return: -0.30%APY minus CPIRate verified Oct 20, 2026 offering Bankohana New Money Special CD - 12 Month at 3.40% APY, American Savings Bank, FSBAmerican Savings Bank, FSB55 Pukalani St # 5504, Makawao, HI 96768A+5.0 ★Texas Ratio: 1.72%Real return: -0.85%APY minus CPIRate verified Oct 22, 2026 offering 6 Month Certificate of Deposit (CD) at 2.85% APY, CU Hawaii Federal Credit UnionCU Hawaii Federal Credit UnionA+5.0 ★Texas Ratio: 1.37%Real return: +0.80%APY minus CPIRate verified Oct 23, 2026 offering 60 Month Certificate at 4.50% APY, Navy Federal Credit UnionNavy Federal Credit UnionA5.0 ★Texas Ratio: 8.14%Real return: +0.65%APY minus CPIRate verified Oct 20, 2026 offering 12 Month Special EasyStart Certificate at 4.35% APY, and Big Island Federal Credit UnionBig Island Federal Credit UnionA+5.0 ★Texas Ratio: 0.37%Real return: +0.63%APY minus CPIRate verified Oct 19, 2026 offering 5 Year Term Share Certificate at 4.33% APY. CD rates as of October 23, 2026 according to verified data from MonitorBankRates.
Makawao has 23 local institutions in our database, with CD rates as high as 3.40% APY from Bank of Hawaii at 55 Pukalani St Ste D 31, Makawao, HI 96768. Use the tables below to compare all available CD terms and offers, including options from institutions serving the broader Hawaii area. Rates are continually updated, so we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: October 23, 2026
Compare Best CD Rates in Makawao, Hawaii & the Surrounding Area
Makawao 3 Month CD Rates
Balance: $25,000 - $99,999.99; Opened in-branch with $25,000 or more from another financial institution, or online funded entirely from another financial institution; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 20, 20263.00%▼ from 3.20%
- Sep 18, 20263.20%first recorded
Balance: $100,000 or more; Opened in-branch with at least $25,000 funded from another financial institution; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 20, 20263.00%▼ from 3.15%
- Oct 14, 20263.15%▲ from 2.90%
- Oct 7, 20262.90%▼ from 3.15%
- Sep 27, 20263.15%▲ from 2.90%
Balance: $25,000 - $99,999.99; Opened in-branch with $25,000 or more from another financial institution, or online funded entirely from another financial institution; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 20, 20262.95%▼ from 3.15%
- Oct 14, 20263.15%▲ from 2.90%
- Oct 7, 20262.90%▼ from 3.15%
- Sep 27, 20263.15%▲ from 2.90%
Balance: $2,500 - $99,999.99; Opened in-branch with $2,500 or more, or online funded entirely from an existing Bank of Hawaii account
Balance: $100,000 or more; Opened in-branch with a qualifying deposit of $100,000 or more
- Oct 20, 20262.80%▲ from 2.70%
- Sep 24, 20262.70%▼ from 3.15%
- Sep 18, 20263.15%first recorded
Minimum Balance from Another Financial Institution: $50,000; Current Promotional Rates
- Oct 22, 20262.75%▼ from 3.00%
- Sep 24, 20263.00%first recorded
Promotional rate; Minimum balance from another financial institution: $50,000
Balance: $2,500 - $99,999.99; Opened in-branch with $2,500 or more, or online funded entirely from an existing Bank of Hawaii account
- Sep 24, 20262.70%▼ from 3.15%
- Sep 18, 20263.15%first recorded
Short Term CD Special; APY effective 6/15/26; drawn from a financial institution other than Finance Factors; available to Hawaii residents and businesses only; visit any of 13 branches to open
Current In-Branch CD Promotional Rates; Priority CD APY requires Priority Banking qualification; In-Branch Only
Current In-Branch CD Promotional Rates; In-Branch Only
- Oct 12, 20262.95%▼ from 3.00%
- Sep 14, 20263.00%first recorded
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
Balance: $100,000.00 and over; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Balance: $1,000.00 - $19,999.99; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Dividend Paid Quarterly; Jumbo rates ($100,000 and over) available by calling (808) 847-1371 or 1 (800) 433-8698, option 3
Required minimum CD balance to earn stated APY is $500; Early withdrawal penalty may apply; Last dividend declaration date: 9/30/2019
Rates effective as of 1/2/2025
Early withdrawal penalty provision applies
Dividends compounded and credited quarterly; Effective 01/01/2025
Current In-Branch Jumbo CD Rates; Priority CD APY requires Priority Banking qualification; In-Branch Only
Current In-Branch CD Rates; Priority CD APY requires Priority Banking qualification; In-Branch Only
Current In-Branch Jumbo CD Rates; In-Branch Only
Current In-Branch CD Rates; In-Branch Only
- Oct 14, 20260.03%▼ from 0.08%
- Sep 14, 20260.08%first recorded
Makawao 6 Month CD Rates
Balance: $5,000 - $24,999.99; Funded entirely from another financial institution in a single deposit; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 20, 20263.15%▲ from 3.05%
- Sep 18, 20263.05%first recorded
Balance: $100,000 or more; Opened in-branch with at least $25,000 funded from another financial institution; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 20, 20263.15%▲ from 3.05%
- Oct 14, 20263.05%▲ from 2.60%
- Oct 7, 20262.60%▼ from 2.95%
- Sep 27, 20262.95%▲ from 2.60%
Balance: $5,000 - $24,999.99; Funded entirely from another financial institution in a single deposit; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 20, 20263.00%▲ from 2.95%
- Oct 14, 20262.95%▲ from 2.60%
- Oct 7, 20262.60%▼ from 2.95%
- Sep 27, 20262.95%▲ from 2.60%
Minimum Balance from Another Financial Institution: $50,000; Current Promotional Rates
- Oct 22, 20262.85%▼ from 3.00%
- Sep 24, 20263.00%first recorded
Promotional CD rate; Minimum balance from another financial institution: $50,000
Balance: $2,500 - $99,999.99; Opened in-branch with $2,500 or more, or online funded entirely from an existing Bank of Hawaii account
- Oct 20, 20262.80%▲ from 2.60%
- Oct 14, 20262.60%first recorded
Balance: $100,000 or more; Opened in-branch with a qualifying deposit of $100,000 or more
- Oct 20, 20262.80%▲ from 2.60%
- Sep 24, 20262.60%▼ from 2.95%
- Sep 18, 20262.95%first recorded
Balance: $2,500 - $99,999.99; Opened in-branch with $2,500 or more, or online funded entirely from an existing Bank of Hawaii account
- Oct 20, 20262.55%▼ from 2.60%
- Sep 24, 20262.60%▼ from 2.95%
- Sep 18, 20262.95%first recorded
Dividend Frequency: Monthly
- Oct 4, 20264.25%▲ from 3.50%
- Sep 25, 20263.50%first recorded
Dividend Rate 4.17%; yields effective as of October 8, 2026; dividends compound monthly; must have a Regular Share (Savings) account
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
Minimum Balance to Earn APY: $1,000; APY accurate as of 10/01/2026
Maximum balance: $250,000.00
Limited Time Offer; Early withdrawal penalty provision applies
Rates effective as of 1/2/2025
Required minimum CD balance to earn stated APY is $500; Early withdrawal penalty may apply; Last dividend declaration date: 9/30/2019
Available to members of at least fifteen (15) years of membership
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Dividends Compounded & Credited: Quarterly; Dividend Period: Quarterly
6 Months CD Special at 3.75% APY; footnote ** APY
Special rate
- Oct 4, 20263.75%▲ from 3.50%
- Sep 12, 20263.50%first recorded
Featured term; requires a minimum deposit of $5,000 (new or existing funds)
Balance: $1000 minimum to earn APY; Minimum balance to avoid charge: N/A; Dividends compounded and credited monthly; Rate effective as of August 4, 2026
Minimum of $1,000 to open your account
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Dividends are compounded and credited monthly
Effective date: January 22, 2026; Minimum balance to earn APY: $100,000.00
Effective date: January 22, 2026; Minimum balance to earn APY: $100,000.00
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Jumbo
Current In-Branch CD Promotional Rates; Priority CD APY requires Priority Banking qualification; In-Branch Only
Promotional Savings Rates
Business Certificate; Minimum Balance to Earn APY: $500.00
Short Term CD Special; APY effective 6/15/26; drawn from a financial institution other than Finance Factors; available to Hawaii residents and businesses only; visit any of 13 branches to open
Current In-Branch CD Promotional Rates; In-Branch Only
- Oct 12, 20263.20%▼ from 3.25%
- Sep 14, 20263.25%first recorded
Limited time offer; $10,000 of the $20,000 must be new money from another financial institution to obtain APY; requires CPB Exceptional Checking account; maximum $1,000,000
Limited time offer; $10,000 of the $20,000 minimum must be new money from another financial institution to obtain APY; Customer may not exceed $1,000,000 in the CD; Requires CPB Exceptional Checking Account
Exceptional Preferred Certificate of Deposit (CD) Special; Limited Time Offer; $10,000 of the $20,000 must be new money from another financial institution to obtain APY; Customer must be a Consumer Exceptional Plan customer with an Exceptional Checking Account; maximum $1,000,000 in the CD; early withdrawal penalty applies
- Oct 2, 20263.15%▲ from 3.00%
- Sep 18, 20263.00%first recorded
Current In-Branch CD Promotional Rates; Priority CD APY requires Priority Banking qualification; In-Branch Only
Current In-Branch CD Promotional Rates; In-Branch Only
- Oct 12, 20263.10%▼ from 3.15%
- Sep 14, 20263.15%first recorded
Current In-Branch CD Promotional Rates; Priority CD APY requires Priority Banking qualification; In-Branch Only
Current Online CD Promotional Rates; Online only; not for IRA CDs; $250,000 maximum opening deposit
Makawao 12 Month CD Rates
Balance: $5,000 - $24,999.99; Funded entirely from another financial institution in a single deposit; New Money Special rate applies to the initial term; renews at Promo rate for one term
Balance: $5,000 - $24,999.99; Funded entirely from another financial institution in a single deposit; New Money Special rate applies to the initial term; renews at Promo rate for one term
- Oct 14, 20263.30%▲ from 2.90%
- Oct 7, 20262.90%▼ from 3.30%
- Sep 27, 20263.30%▲ from 2.90%
- Sep 18, 20262.90%first recorded
Balance: $2,500 - $99,999.99; Opened in-branch with $2,500 or more, or online funded entirely from an existing Bank of Hawaii account
Balance: $100,000 or more; Opened in-branch with a qualifying deposit of $100,000 or more
- Sep 24, 20262.90%▼ from 3.30%
- Sep 18, 20263.30%first recorded
Balance: $2,500 - $99,999.99; Opened in-branch with $2,500 or more, or online funded entirely from an existing Bank of Hawaii account
- Oct 20, 20262.70%▼ from 2.90%
- Sep 24, 20262.90%▼ from 3.30%
- Sep 18, 20263.30%first recorded
Minimum Balance from Another Financial Institution: $50,000; Current Promotional Rates
Minimum Balance from Another Financial Institution: $50,000
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
Balance: $100,000.00 and over; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Dividend Paid Quarterly; Jumbo rates ($100,000 and over) available by calling (808) 847-1371 or 1 (800) 433-8698, option 3
Balance: $1,000.00 - $19,999.99; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Share, IRA, ESA; Rates as of Oct 19, 2026 ET
- Oct 4, 20264.00%▲ from 3.50%
- Sep 12, 20263.50%first recorded
Minimum Balance to Earn APY: $1,000; APY accurate as of 10/01/2026
Minimum of $1,000 to open your account; 1-Year Term CD renews automatically for the same term
Jumbo
- Oct 4, 20263.95%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Dividends compounded quarterly; dividend period quarterly
Dividends are compounded and credited monthly
Dividends are compounded and credited monthly; Minimum balance to open certificate is $500
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
IRA
- Oct 4, 20263.75%▲ from 3.50%
- Sep 14, 20263.50%first recorded
- Oct 4, 20263.75%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Rates effective as of 1/2/2025
Rates effective as of 1/2/2025
Rates effective as of 1/2/2025
Rates effective as of 1/2/2025
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Available to members of at least fifteen (15) years of membership
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Dividends Compounded & Credited: Quarterly; Dividend Period: Quarterly
Featured term; requires a minimum deposit of $5,000 (new or existing funds)
12 Months CD Special at 3.50% APY; footnote ** APY
Special rate
- Oct 4, 20263.50%▲ from 3.00%
- Sep 12, 20263.00%first recorded
Dividends Compounded/Credited: Quarterly
- Oct 8, 20263.50%▲ from 3.00%
- Sep 12, 20263.00%first recorded
Dividends compounded/credited quarterly
Dividend Rate 3.45%; yields effective as of October 8, 2026; dividends compound monthly; must have a Regular Share (Savings) account
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
90th Anniversary Certificate Special Rates as of 10/01/2026; Minimum opening balance for certificate special is $500; no maximum; Penalty for early withdrawal on all certificates; For members age 55+, add 0.05% to all certificate rates; Dividends paid monthly
Effective date: January 22, 2026; Minimum balance to earn APY: $100,000.00
Effective date: January 22, 2026; Minimum balance to earn APY: $100,000.00
Makawao 18 Month CD Rates
Jumbo
- Oct 4, 20264.20%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Balance: $100,000.00 and over; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Balance: $1,000.00 - $19,999.99; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
IRA
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
- Oct 5, 20264.00%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Dividends are compounded and credited monthly
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
Share, IRA, ESA; Rates as of Oct 19, 2026 ET
Balance: $500 minimum to earn APY; Minimum balance to avoid charge: N/A; Dividends compounded and credited monthly; Rate effective as of August 4, 2026
Available to members of at least fifteen (15) years of membership
Share Certificates and IRA Certificates; APY range: 3.05% to 3.20%
Maximum balance: $250,000.00
Minimum $1,000.00 to open and earn APY; early penalties may apply before maturity
Minimum Balance to Earn APY: $1,000; APY accurate as of 10/01/2026
Minimum of $1,000 to open your account; 18-Month CD renews as a 2-Year Term CD at the then-published APY
Business Share Certificate
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Dividend Paid Quarterly; Jumbo rates ($100,000 and over) available by calling (808) 847-1371 or 1 (800) 433-8698, option 3
Minimum $500; Dividend Paid Quarterly; Certificate rates effective 12/05/2022; Early withdrawal penalties apply
Business Certificate; Minimum Balance to Earn APY: $500.00
Business Certificate; Minimum Balance to Earn APY: $25,000.00
Penalty for early withdrawal on all certificates. Early withdrawal fees may reduce earning and principal. Call for special Jumbo rates. For members age 55+, add 0.05% to all certificate rates. When Paid: Monthly
Penalty for early withdrawal on all certificates; For members age 55+, add 0.05% to all certificate rates; Dividends paid monthly
Current Online CD Rates; Online only; $250,000 maximum opening deposit
Minimum End-of-Term Balance: $5,000; Requires automatic deposits on the 22nd of each month from an eligible Central Pacific Bank account
Makawao 24 Month CD Rates
Jumbo
- Oct 4, 20264.20%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Dividends are compounded and credited monthly
Dividends are compounded and credited monthly; Minimum balance to open certificate is $500
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
IRA
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
- Oct 5, 20264.00%▲ from 3.25%
- Sep 14, 20263.25%first recorded
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
Long Term CD Special; APY effective 9/28/26; drawn from a financial institution other than Finance Factors; available to Hawaii residents and businesses only
- Oct 3, 20263.75%▲ from 3.40%
- Sep 24, 20263.40%first recorded
Balance: $100,000.00 and over; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Balance: $1,000.00 - $19,999.99; Eligibility: Share, IRA, ESA; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals
Share, IRA, ESA; Rates as of Oct 19, 2026 ET
Dividend Rate 3.45%; yields effective as of October 8, 2026; dividends compound monthly; must have a Regular Share (Savings) account
Minimum Balance to Earn APY: $1,000; APY accurate as of 10/01/2026
Balance: $500 minimum to earn APY; Minimum balance to avoid charge: N/A; Dividends compounded and credited monthly; Rate effective as of August 4, 2026
2 Year IRA Certificate; Early withdrawal penalty applies
Early withdrawal penalty provision applies
Dividends Compounded & Credited: Quarterly; Dividend Period: Quarterly
Share Certificates and IRA Certificates; APY range: 3.10% to 3.25%
Dividends compounded quarterly; dividend period quarterly
Rates effective as of 6/1/2025
Rates effective as of 6/1/2025
Super Jumbo IRA Certificate
Minimum $1,000.00 to open and earn APY; early penalties may apply before maturity
Dividend Frequency: Monthly
Available to members of at least fifteen (15) years of membership
Business Share Certificate
Dividend Paid Quarterly; Jumbo rates ($100,000 and over) available by calling (808) 847-1371 or 1 (800) 433-8698, option 3
Regular share certificate; simple interest paid monthly
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Balance: $100,000.00; not eligible for IRAs; Rates effective June 17, 2024; dividends paid monthly and at maturity
Minimum balance $1,000; no maximum balance; penalties apply for early withdrawals
Dividends compounded/credited quarterly; Minimum balance to earn APY: $500.00
Balance: $50,000.00; not eligible for IRAs; Rates effective June 17, 2024; dividends paid monthly and at maturity
Balance: $25,000.00; not eligible for IRAs; Rates effective June 17, 2024; dividends paid monthly and at maturity
Balance: $1,000.00; not eligible for IRAs; Rates effective June 17, 2024; dividends paid monthly and at maturity
Makawao 36 Month CD Rates
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
- Oct 5, 20264.30%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Jumbo
- Oct 4, 20264.20%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Balance tier: $100K Minimum APY; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals; Dividends compounded daily, credited monthly
Balance tier: $1K Minimum APY; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals; Dividends compounded daily, credited monthly
Dividends are compounded and credited monthly
Long Term CD Special; APY effective 9/28/26; drawn from a financial institution other than Finance Factors; available to Hawaii residents and businesses only
- Oct 3, 20264.00%▲ from 3.50%
- Sep 24, 20263.50%first recorded
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
IRA
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
3 Year IRA Certificate; Early withdrawal penalty applies
Minimum $1,000.00 to open and earn APY; early penalties may apply before maturity
Share Certificates and IRA Certificates; APY range: 3.15% to 3.30%
Rates effective as of 6/1/2025
Rates effective as of 6/1/2025
Super Jumbo IRA Certificate
Dividend Frequency: Monthly
Minimum balance $1,000; no maximum balance; penalties apply for early withdrawals
Early withdrawal penalty provision applies
Dividend Rate 2.96%; yields effective as of October 8, 2026; dividends compound monthly; must have a Regular Share (Savings) account
Minimum Balance to Earn APY: $1,000; APY accurate as of 10/01/2026
Available to members of at least fifteen (15) years of membership
Regular share certificate; simple interest paid monthly
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Dividends compounded/credited quarterly; Minimum balance to earn APY: $500.00
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Business Share Certificate
Rates effective as of 1/2/2025
Dividends compounded quarterly; dividend period quarterly
Dividends Compounded & Credited: Quarterly; Dividend Period: Quarterly
Dividends Compounded/Credited: Quarterly
Dividends compounded/credited quarterly
Business Certificate; Minimum Balance to Earn APY: $500.00
Traditional IRA
Roth IRA
Penalty for early withdrawal on all certificates. Early withdrawal fees may reduce earning and principal. Call for special Jumbo rates. For members age 55+, add 0.05% to all certificate rates. When Paid: Monthly
- Oct 23, 20261.25%▲ from 1.20%
- Oct 15, 20261.20%first recorded
Makawao 48 Month CD Rates
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
- Oct 5, 20264.30%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Jumbo
- Oct 4, 20264.20%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Dividends are compounded and credited monthly
Long Term CD Special; APY effective 9/28/26; drawn from a financial institution other than Finance Factors; available to Hawaii residents and businesses only
- Oct 3, 20264.00%▲ from 3.60%
- Sep 27, 20263.60%first recorded
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
IRA
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
4 Year IRA Certificate; Early withdrawal penalty applies
Minimum $1,000.00 to open and earn APY; early penalties may apply before maturity
Share Certificates and IRA Certificates; APY range: 3.20% to 3.35%
Available to members of at least fifteen (15) years of membership
Dividend Frequency: Monthly
Early withdrawal penalty provision applies
Regular share certificate; simple interest paid monthly
Dividend Rate 2.72%; yields effective as of October 8, 2026; dividends compound monthly; must have a Regular Share (Savings) account
Dividends Compounded & Credited: Quarterly; Dividend Period: Quarterly
Dividends compounded quarterly; dividend period quarterly
Dividends Compounded/Credited: Quarterly
Dividends compounded/credited quarterly
Minimum of $1,000 to open your account
Makawao 60 Month CD Rates
Certificates & IRA Certificates; Maximum $1,000,000.00 per Taxpayer Identification Number; Dividends credited monthly; Additional deposits not permitted; Early withdrawal penalties apply
- Oct 5, 20264.50%▲ from 2.75%
- Sep 14, 20262.75%first recorded
Dividends credited monthly; maximum $1,000,000.00 per Taxpayer Identification Number; additional deposits not permitted; early withdrawal penalties apply
Dividends are compounded and credited monthly
Jumbo
- Oct 4, 20264.20%▲ from 3.70%
- Sep 14, 20263.70%first recorded
Effective Date: September 22, 2026; IRA/ESA Certificate Minimum Balance: $500
IRA
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
- Oct 4, 20264.00%▲ from 3.50%
- Sep 14, 20263.50%first recorded
Balance tier: $100K Minimum APY; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals; Dividends compounded daily, credited monthly
Balance tier: $1K Minimum APY; Rates as of Oct 19, 2026 ET; Penalties apply for early withdrawals; Dividends compounded daily, credited monthly
Tier 4; Balance: $100,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 3; Balance: $50,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Tier 2; Balance: $25,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
Early withdrawal penalty may be imposed
Early withdrawal penalty may be imposed
Tier 1; Balance: $1,000.00; Rates effective June 17, 2024; dividends paid monthly and at maturity
5 Year IRA Certificate; Early withdrawal penalty applies
Share Certificates and IRA Certificates; APY range: 3.25% to 3.40%
Minimum $1,000.00 to open and earn APY; early penalties may apply before maturity
Available to members of at least fifteen (15) years of membership
Rates effective as of 6/1/2025
Rates effective as of 6/1/2025
Super Jumbo IRA Certificate
Dividend Frequency: Monthly
Early withdrawal penalty provision applies
Minimum Balance to Earn APY: $1,000; APY accurate as of 10/01/2026
Regular share certificate; simple interest paid monthly
Rates effective as of 6/1/2025
Rates effective as of 6/1/2025
Rates effective as of 6/1/2025
Dividend Rate 2.47%; yields effective as of October 8, 2026; dividends compound monthly; must have a Regular Share (Savings) account
Min. Balance to Earn Stated APY: $500.00
Dividends compounded quarterly; dividend period quarterly
Dividends Compounded & Credited: Quarterly; Dividend Period: Quarterly
Balance: $500 minimum to earn APY; Minimum balance to avoid charge: N/A; Dividends compounded and credited monthly; Rate effective as of August 4, 2026
Business Certificate; Minimum Balance to Earn APY: $500.00
Traditional IRA
Roth IRA
Dividends Compounded/Credited: Quarterly
Dividends compounded/credited quarterly
Minimum of $1,000 to open your account
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Makawao, HI CD Rate Trends
Compare local Makawao, HI CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Hawaii 12-month CD rates rose 0.009 points over the past 7 days to 2.808% APY.
Hawaii 6-month CD rates rose 0.021 points over the past 7 days to 2.962% APY.
HI CD Rate Forecast, Next 12 Months
Where are Hawaii CD rates headed through October 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
What Your Savings Earn at HI CD Rates Today
Annual interest earnings at today’s Hawaii average APYs. State average used where available; national average as fallback.
| CD Term | HI Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 1.669% | $83.44 | $166.87 | $417.18 | $834.35 |
| 6-Month CD | 2.962% | $148.12 | $296.23 | $740.58 | $1,481.15 |
| 12-Month CD | 2.808% | $140.39 | $280.77 | $701.93 | $1,403.85 |
| 18-Month CD | 2.817% | $140.86 | $281.72 | $704.30 | $1,408.60 |
| 24-Month CD | 2.592% | $129.61 | $259.23 | $648.07 | $1,296.15 |
| 36-Month CD | 2.708% | $135.42 | $270.83 | $677.07 | $1,354.15 |
| 48-Month CD | 2.804% | $140.20 | $280.39 | $700.98 | $1,401.95 |
| 60-Month CD | 3.009% | $150.47 | $300.93 | $752.33 | $1,504.65 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of October 23, 2026. | |||||
Sample CD Ladder for Makawao, Hawaii Savers
$25,000 split equally across 5 terms using today’s Hawaii average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | HI Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 1.669% | $83.44 |
| 2 | 6-Month CD | $5,000 | 2.962% | $148.12 |
| 3 | 12-Month CD | $5,000 | 2.808% | $140.39 |
| 4 | 24-Month CD | $5,000 | 2.592% | $129.61 |
| 5 | 36-Month CD | $5,000 | 2.708% | $135.42 |
| Total ($25,000 invested) | $25,000 | 2.548% blended | $636.98/yr | |
Ladder example uses equal $5,000 rungs and Hawaii average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
Tracked in Makawao, Hawaii
About Our Makawao, Hawaii CD Rate Database
MonitorBankRates tracks 432 CD rates from 7 banks and 37 credit unions with locations in Makawao, Hawaii, plus national online institutions available to Hawaii residents. 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 to 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: Bank of Hawaii offers a CD at 3.40% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Makawao, Hawaii.
How to Find the Best CD Rates in Makawao, Hawaii
What to compare when shopping for a CD in Makawao, Hawaii
To find the best APYs in Makawao, Hawaii, start with credit unions and online-only banks: Makawao, Hawaii has 37 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional 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.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Makawao, Hawaii
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Makawao, Hawaii: 44 institutions here report CD rates
Consider an Alternative If…
- You may need the funds within 30 days. Compare Makawao, Hawaii savings rates instead
- Rates are rising and you want to benefit: a variable-rate savings or money market account keeps pace
- You want check-writing access. Compare Makawao, Hawaii money market rates
Makawao, Hawaii Financial Snapshot
Local demographics and economic context for CD savers. Source: U.S. Census Bureau ACS 2024
20.6% of residents are 65 or older, above the national average of 17.3%, making fixed-rate CDs a particularly relevant savings vehicle in this market; a low unemployment rate of 3.4% reflects a strong local economy. At today’s HI 12-month CD average of 2.808%, saving 10% of the local median salary ($4,807/year) and putting it in a CD would earn an additional $135 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Makawao, Hawaii
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90 to 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 savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Makawao, Hawaii
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Makawao, Hawaii typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Makawao, Hawaii as everywhere in the U.S.
Choosing a CD Term in Makawao, Hawaii
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Makawao, Hawaii savers easier access to their funds. For example, Bank of Hawaii is offering its Bankohana New Money Special CD - 6 Month at 3.15% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, CU Hawaii Federal Credit Union is offering its 60 Month Certificate at 4.50% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Makawao, Hawaii Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Makawao, Hawaii saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Makawao, Hawaii
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Makawao, Hawaii CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Makawao, Hawaii
Most CDs carry a fixed rate that is locked for the entire term, protecting a Makawao, Hawaii depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Makawao, Hawaii
Are CD rates in Makawao, Hawaii FDIC insured?
Do I have to pay state taxes on CD interest in Makawao, Hawaii?
Can I withdraw my money early from a CD?
What is the difference between a Jumbo CD and a regular CD?
Are fixed-rate CDs better than variable-rate CDs?
What is a CD ladder?
Best CD rates in Makawao, Hawaii?
- Bank of Hawaii: 3.40% APY (Bankohana New Money Special CD - 12 Month)
- American Savings Bank, FSB: 2.85% APY (6 Month Certificate of Deposit (CD))
- CU Hawaii Federal Credit Union: 4.50% APY (60 Month Certificate)
- Navy Federal Credit Union: 4.35% APY (12 Month Special EasyStart Certificate)
- Big Island Federal Credit Union: 4.33% APY (5 Year Term Share Certificate)
- Maui County Federal Credit Union: 4.25% APY (Share Certificate - 6-month)
- Wailuku Federal Credit Union: 4.25% APY (Share Certificates - 6-Month Term)
- Kauai Teachers Federal Credit Union: 4.20% APY (1 Year IRA Certificate)
- Kauai Federal Credit Union: 4.20% APY (18 Month Jumbo Certificates)
- Hawaii Federal Credit Union: 4.10% APY (12 Month Certificates)
Makawao, Hawaii CD Calculator
See exactly what a CD will earn by maturity. Enter your deposit, pick a term, and set the APY, or click any current Makawao, Hawaii rate on the right to apply that term and rate instantly. CD rates are fixed for the full term.
Assumes the APY is held to maturity with interest compounding and remaining in the CD. Early withdrawals typically forfeit 30 to 180 days of interest. Estimates are for informational purposes only.
CD Calculators for Makawao, Hawaii
At today’s HI top rate of 3.40% APY, a $10,000 deposit earns $340 in the first year. Enter your amount to see your exact return.
Makawao, Hawaii CD LadderHI CD rates currently range from 1.669% (3-month) to 2.708% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Makawao, Hawaii CD at 3.40% APY, know your exit cost. Most institutions charge 90 to 180 days of interest. Calculate your real net return if you need early access.
CD vs. High-Yield SavingsHawaii’s average 12-month CD is 2.808% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Makawao, Hawaii CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Makawao, Hawaii directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data 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 yields in Makawao, Hawaii. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in HI.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
Makawao, Hawaii Rates & Resources
