Current Pleasant Mills, Indiana CD rates include Fort Financial Federal Credit UnionFort Financial Federal Credit UnionA+5.0 ★Texas Ratio: 2.84%Real return: +1.70%APY minus CPI (February 2026) offering 12-Month IRA Certificate Premier Member at 4.50% APY, Indiana University Credit UnionIndiana University Credit UnionA+5.0 ★Texas Ratio: 3.94%Real return: +1.70%APY minus CPI (February 2026) offering 6-month Term Certificate at 4.50% APY, Evansville Firefighters Federal Credit UnionEvansville Firefighters Federal Credit UnionA+5.0 ★Texas Ratio: 0.00%Real return: +1.50%APY minus CPI (February 2026) offering 1-Year Jumbo at 4.30% APY, U S #1364 Federal Credit UnionU S #1364 Federal Credit UnionA+5.0 ★Texas Ratio: 2.14%Real return: +1.45%APY minus CPI (February 2026) offering 6 Month Share Certificate at 4.25% APY, and Firefighters Credit UnionFirefighters Credit UnionA+5.0 ★Texas Ratio: 0.88%Real return: +1.40%APY minus CPI (February 2026) offering 24 months Certificates / IRA Certificates / Roth IRA Certificates at 4.20% APY. CD rates as of May 30, 2026 according to verified data from MonitorBankRates.
Pleasant Mills is a smaller community with no bank or credit union branches currently in our database. 751 institutions serving the Indiana area are available to Pleasant Mills residents, with CD rates as high as 4.50% APY from Fort Financial Federal Credit Union. Rates are continually updated — 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: May 30, 2026
$250; ***SPECIAL***
$100,000 Minimum to Earn APY
New Money Only
New money only.
New Money Only
$50,000 & Over
$1,000 - $49,999
$1,000 - $99,999.99
$100,000
paid monthly
Minimum $100,000 Deposit to start
Rates subject to change
With a low $500 minimum deposit , it's a simple, high-impact way to keep your savings moving forward.
Minimum $500 Deposit to start
Minimum $500 Deposit to start
Terms and conditions apply.
$10M or >
not eligible for Direct Deposit discount
$1000; No rate bump available
No rate bump available
Quarterly compounding. IRA funds permitted. No business funds permitted.
$100,000 Minimum to Earn APY
Learn more about our relationship levels program here.
Minimum $100,000 Deposit to start
Learn more about our relationship levels program here.
Minimum $500 Deposit to start
Minimum $500 Deposit to start
not eligible for Direct Deposit discount
$1000; No rate bump available
No rate bump available
As Great As
NEW MONEY ONLY
$1,000 - $99,999.99
$100,000
Quarterly compounding. IRA funds permitted. No business funds permitted.
up to
Certificates based on a $500 minimum balance. A penalty may be imposed for early withdrawal which could affect the annual percentage yield.
Terms and conditions apply.
Over $50,000
$100,000 Minimum to Earn APY
Minimum $500 Deposit to start
($500 minimum balance)
Rate changes quarterly-Quarterly compounding-$100.00 minimum additions permitted-IRA fund also permitted
Learn more about our relationship levels program here.
Learn more about our relationship levels program here.
Quarterly compounding. IRA funds permitted. No business funds permitted
Certificates based on a $500 minimum balance. A penalty may be imposed for early withdrawal which could affect the annual percentage yield.
60 Years. 3.60% APY. A Perfect Match.
Minimum $100,000 Deposit to start
Learn more about our relationship levels program here.
$1,000 - $99,999.99
$100,000
$100,000 Minimum to Earn APY
$100,000 Minimum to Earn APY
Over $50,000
Minimum $500 Deposit to start
Minimum $500 Deposit to start
Learn more about our relationship levels program here.
$100,000 Minimum to Earn APY
Certificates based on a $500 minimum balance. A penalty may be imposed for early withdrawal which could affect the annual percentage yield.
Terms and conditions apply.
$100,000 Minimum to Earn APY
$100,000 Minimum to Earn APY
Minimum $100,000 Deposit to start
$1,000 - $99,999.99
$100,000
paid monthly
Minimum $500 Deposit to start
Minimum $500 Deposit to start
$100,000 Minimum to Earn APY
$100,000 Minimum to Earn APY
paid monthly
As High As
$100,000 Minimum to Earn APY
$100,000 Minimum to Earn APY
<$10M
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 agreeing to leave the money untouched until the term ends, the depositor 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.
The term is the length of time the money is committed to the CD before it matures. Shorter terms such as three or six months offer easier access to funds, while longer terms such as three or five years usually pay higher rates. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term.
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. 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.
Interest on a CD is calculated using the annual percentage yield, 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 balance to compound. Comparing CDs by APY rather than the nominal rate gives the truest picture of total earnings.
Most CDs carry a fixed rate that is locked for the entire term, protecting the 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 market conditions improve. Which is better depends on the direction the depositor expects rates to move.
Compare local Pleasant Mills, IN 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.
Indiana 12-month CD rates fell 0.006 points over the past 7 days to 2.682% APY.
Indiana 6-month CD rates fell 0.009 points over the past 7 days to 2.269% APY.
Where are Indiana CD rates headed through May 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
Annual interest earnings at today’s Indiana average APYs. State average used where available; national average as fallback.
| CD Term | IN Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 2.002% | $100.08 | $200.15 | $500.38 | $1,000.75 |
| 6-Month CD | 2.269% | $113.47 | $226.94 | $567.35 | $1,134.70 |
| 12-Month CD | 2.682% | $134.10 | $268.20 | $670.50 | $1,341.00 |
| 18-Month CD | 2.267% | $113.34 | $226.68 | $566.70 | $1,133.40 |
| 24-Month CD | 2.718% | $135.89 | $271.77 | $679.43 | $1,358.85 |
| 36-Month CD | 2.636% | $131.82 | $263.63 | $659.08 | $1,318.15 |
| 48-Month CD | 2.623% | $131.14 | $262.28 | $655.70 | $1,311.40 |
| 60-Month CD | 2.703% | $135.17 | $270.34 | $675.85 | $1,351.70 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of May 30, 2026. | |||||
$25,000 split equally across 5 terms using today’s Indiana average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | IN Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 2.002% | $100.08 |
| 2 | 6-Month CD | $5,000 | 2.269% | $113.47 |
| 3 | 12-Month CD | $5,000 | 2.682% | $134.10 |
| 4 | 24-Month CD | $5,000 | 2.718% | $135.89 |
| 5 | 36-Month CD | $5,000 | 2.636% | $131.82 |
| Total ($25,000 invested) | $25,000 | 2.461% blended | $615.36/yr | |
Ladder example uses equal $5,000 rungs and Indiana average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
MonitorBankRates tracks 839 CD rates from 36 banks and 60 credit unions with locations in Pleasant Mills, Indiana, plus national online institutions available to Indiana 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 (1–5), 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: Fort Financial Federal Credit Union offers a CD at 4.50% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Pleasant Mills, Indiana.
What to compare when shopping for a CD in Pleasant Mills, Indiana
To find the best APYs in Pleasant Mills, Indiana, start with credit unions and online-only banks — Pleasant Mills, Indiana has 60 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.
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024 (state-level data shown — city data not available)
16.8% of residents are 65 or older — below the national average of 17.3%. At today’s IN 12-month CD average of 2.682%, saving 10% of the local median salary ($4,324/year) and putting it in a CD would earn an additional $116 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
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 (90–180 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 |
At today’s IN top rate of 4.50% APY, a $10,000 deposit earns $450 in the first year. Enter your amount to see your exact return.
Pleasant Mills, Indiana CD LadderIN CD rates currently range from 2.002% (3-month) to 2.636% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Pleasant Mills, Indiana CD at 4.50% APY, know your exit cost. Most institutions charge 90–180 days of interest — calculate your real net return if you need early access.
CD vs. High-Yield SavingsIndiana’s average 12-month CD is 2.682% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Pleasant Mills, Indiana 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 Pleasant Mills, Indiana 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 Pleasant Mills, Indiana. 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 IN.
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.