Lake Charles, Louisiana CD Rates Today - Compare Best APYs for June 2026
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Brian McKay
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Current Lake Charles, Louisiana CD rates include Capital One BankCapital One Bank3225 Ryan St, Lake Charles, LA 70601A5.0 ★Texas Ratio: 10.41%Real return: +1.10%APY minus CPI (February 2026) offering 12 Months at 3.90% APY, Southwest Louisiana Credit UnionSouthwest Louisiana Credit Union4056 Ryan St, Lake Charles, LA 70605A+5.0 ★Texas Ratio: 4.66%Real return: +1.10%APY minus CPI (February 2026) offering Share Certificate (CD) 12 Month Expandable at 3.90% APY, Northrop Grumman Federal Credit UnionNorthrop Grumman Federal Credit Union4400 Sen J Bennett Johnston Ave, Lake Charles, LA 70615 5157A5.0 ★Texas Ratio: 8.11%Real return: +1.04%APY minus CPI (February 2026) offering Bonus IRA Certificates 12 Month at 3.84% APY, CSE Federal Credit UnionCSE Federal Credit Union4321 Nelson Rd, Lake Charles, LA 70605 4119A+5.0 ★Texas Ratio: 4.12%Real return: +0.29%APY minus CPI (February 2026) offering IRA Certificate 6-Month at 3.09% APY, and ADVANCIALADVANCIALA+5.0 ★Texas Ratio: 9.94%Real return: +1.54%APY minus CPI (February 2026) offering Jumbo, 5 Year Term Certificate at 4.34% APY. CD rates as of June 16, 2026 according to verified data from MonitorBankRates.
Lake Charles has 48 local institutions in our database, with CD rates as high as 3.90% APY from Capital One Bank at 3225 Ryan St, Lake Charles, LA 70601. Use the tables below to compare all available CD terms and offers, including options from institutions serving the broader Louisiana area. 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: June 16, 2026
Compare Best CD Rates in Lake Charles, Louisiana & the Surrounding Area
Lake Charles 3 Month CD Rates
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
3 Mo Certificate - $10k: 172% is the difference between the percent earned in interest between Advancial Federal Credit Union's rate at 2.22% APY compared to 0.82% APY for the Charlotte Metro market average over the life of a 3 month share certificate at $10,000.
Compounded At Maturity
Pays Monthly
Lake Charles 6 Month CD Rates
For kids and Teens (age 0-17). Compounded monthly.
Pays Monthly
Dividends Credited: Monthly
New deposits only
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
Pd at Maturity
Compounded / Credited: Monthly/Monthly
Base Rate + 0.25% APY**: 3.30% APY**, 3.25% APR* | Base Rate + 0.50% APY**: 3.56% APY**, 3.50% APR* | Base Rate + 0.75% APY**: 3.82% APY**, 3.75% APR* | Base Rate + 1.00% APY**: 4.07% APY**, 4.00% APR* | Base Rate + 1.25% APY**: 4.33% APY**, 4.25% APR*
Early Withdrawal Penalty: 3 months; Interest Calculation Method: Compound Daily 365/365
Compounded At Maturity
Effective Date: 6/16/2026. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Instep Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Instep Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account.
Lake Charles 12 Month CD Rates
Pays Monthly
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
Pays Monthly
Pd at Maturity
Dividends compounded quarterly. Dividends are credited quarterly.
Pd at Maturity
New deposits only
Compounded / Credited: Monthly/Monthly
Dividends credited quarterly
Dividends credited quarterly
Base Rate + 0.25% APY**: 3.30% APY**, 3.25% APR* | Base Rate + 0.50% APY**: 3.56% APY**, 3.50% APR* | Base Rate + 0.75% APY**: 3.82% APY**, 3.75% APR* | Base Rate + 1.00% APY**: 4.07% APY**, 4.00% APR* | Base Rate + 1.25% APY**: 4.33% APY**, 4.25% APR*
Compounded Quarterly
Early Withdrawal Penalty: 3 months; Interest Calculation Method: Compound Daily 365/365
Lake Charles 18 Month CD Rates
Dividends credited quarterly
Dividends credited quarterly
Compounded Quarterly
APY = Annual Percentage Yield. Dividends compounded quarterly. Dividends are credited quarterly. Matures with principal and interest renewing automatically. Early withdrawal penalties apply.
Lake Charles 24 Month CD Rates
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
Dividends compounded quarterly. Dividends are credited quarterly.
Compounded / Credited: Monthly/Monthly
Pays at Maturity
Dividends credited quarterly
Dividends credited quarterly
Dividends credited quarterly
Compounded / Credited: Monthly/Monthly
Effective Date: 6/16/2026. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Instep Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Instep Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account.
Compounded Quarterly
Base Rate + 0.25% APY**: 3.04% APY**, 3.00% APR* | Base Rate + 0.50% APY**: 3.30% APY**, 3.25% APR* | Base Rate + 0.75% APY**: 3.56% APY**, 3.50% APR* | Base Rate + 1.00% APY**: 3.82% APY**, 3.75% APR* | Base Rate + 1.25% APY**: 4.07% APY**, 4.00% APR*
Early Withdrawal Penalty: 6 months; Interest Calculation Method: Compound Daily 365/365
Early Withdrawal Penalty: 6 months; Interest Calculation Method: Compound Daily 365/365
Early Withdrawal Penalty: 6 months; Interest Calculation Method: Compound Daily 365/365
Lake Charles 36 Month CD Rates
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
Pays Monthly
Dividends credited quarterly
Dividends credited quarterly
Effective Date: 6/16/2026. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Instep Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Instep Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account.
Compounded / Credited: Monthly/Monthly
Compounded / Credited: Monthly/Monthly
Early Withdrawal Penalty: 12 months; Interest Calculation Method: Compound Daily 365/365
Lake Charles 48 Month CD Rates
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
Dividends credited quarterly
Dividends credited quarterly
New Money Only, Pays Monthly
Compounded Quarterly
Early Withdrawal Penalty: 12 months; Interest Calculation Method: Compound Daily 365/365
Lake Charles 60 Month CD Rates
APY = Annual Percentage Yield. APY is Telco's current rate. Dividend rates are subject to change without notice. Dividends are posted monthly based on the daily balance and compounded monthly. Baton Rouge Telco Federal Credit Union Share Certificate rates subject to change at any time and are not guaranteed until certificate and membership are opened. Telco Share Rates are variable rate accounts. Your share rate may change after the account has been opened. Rates are not guaranteed. Penalties for early withdrawals may apply. Fees may reduce earnings on the account. Minimum deposit of $5.00 to open an account. Dividends are calculated on a daily balance method and are compounded and credited monthly.
New Money Only, Pays Monthly
Dividends credited quarterly
Dividends credited quarterly
Compounded / Credited: Monthly/Monthly
Compounded / Credited: Monthly/Monthly
Compounded Semi-Annual
Early Withdrawal Penalty: 12 months; Interest Calculation Method: Compound Daily 365/365
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Lake Charles, LA CD Rate Trends
Compare local Lake Charles, LA 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.
Louisiana 12-month CD rates fell 0.080 points over the past 7 days to 3.052% APY.
Louisiana 6-month CD rates fell 0.011 points over the past 7 days to 2.809% APY.
LA CD Rate Forecast — Next 12 Months
Where are Louisiana CD rates headed through June 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
What Your Savings Earn at LA CD Rates Today
Annual interest earnings at today’s Louisiana average APYs. State average used where available; national average as fallback.
| CD Term | LA Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 2.349% | $117.45 | $234.90 | $587.25 | $1,174.50 |
| 6-Month CD | 2.809% | $140.46 | $280.92 | $702.30 | $1,404.60 |
| 12-Month CD | 3.052% | $152.61 | $305.21 | $763.03 | $1,526.05 |
| 18-Month CD | 3.336% | $166.81 | $333.62 | $834.05 | $1,668.10 |
| 24-Month CD | 2.700% | $134.99 | $269.97 | $674.93 | $1,349.85 |
| 36-Month CD | 2.602% | $130.09 | $260.18 | $650.45 | $1,300.90 |
| 48-Month CD | 2.754% | $137.70 | $275.39 | $688.48 | $1,376.95 |
| 60-Month CD | 2.719% | $135.96 | $271.92 | $679.80 | $1,359.60 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of June 16, 2026. | |||||
Sample CD Ladder for Lake Charles, Louisiana Savers
$25,000 split equally across 5 terms using today’s Louisiana average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | LA Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 2.349% | $117.45 |
| 2 | 6-Month CD | $5,000 | 2.809% | $140.46 |
| 3 | 12-Month CD | $5,000 | 3.052% | $152.61 |
| 4 | 24-Month CD | $5,000 | 2.700% | $134.99 |
| 5 | 36-Month CD | $5,000 | 2.602% | $130.09 |
| Total ($25,000 invested) | $25,000 | 2.702% blended | $675.60/yr | |
Ladder example uses equal $5,000 rungs and Louisiana average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
Tracked in Lake Charles, Louisiana
About Our Lake Charles, Louisiana CD Rate Database
MonitorBankRates tracks 264 CD rates from 14 banks and 27 credit unions with locations in Lake Charles, Louisiana, plus national online institutions available to Louisiana 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: Capital One Bank offers a CD at 3.90% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Lake Charles, Louisiana.
How to Find the Best CD Rates in Lake Charles, Louisiana
What to compare when shopping for a CD in Lake Charles, Louisiana
To find the best APYs in Lake Charles, Louisiana, start with credit unions and online-only banks — Lake Charles, Louisiana has 27 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 Lake Charles, Louisiana
- 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 Lake Charles, Louisiana — 41 institutions here report CD rates
Consider an Alternative If…
- You may need funds within 30 days → Lake Charles, Louisiana savings rates
- Rates are rising and you want to benefit → Variable-rate savings or MMA
- You want check-writing access → Lake Charles, Louisiana money market rates
Lake Charles, Louisiana Financial Snapshot
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024
16.9% of residents are 65 or older — below the national average of 17.3%; an unemployment rate of 6.6% (vs. 4.8% nationally) underscores the value of a guaranteed fixed return. At today’s LA 12-month CD average of 3.052%, saving 10% of the local median salary ($3,503/year) and putting it in a CD would earn an additional $107 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 Lake Charles, Louisiana
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 |
How Certificates of Deposit Work in Lake Charles, Louisiana
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 Lake Charles, Louisiana 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 Lake Charles, Louisiana as everywhere in the U.S.
Choosing a CD Term in Lake Charles, Louisiana
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Lake Charles, Louisiana savers easier access to their funds. For example, Southwest Louisiana Credit Union is offering its Share Certificate (CD) 6 Months at 3.66% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Northrop Grumman Federal Credit Union is offering its Bonus Certificates 60 Month at 3.76% 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 Lake Charles, Louisiana 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 Lake Charles, Louisiana 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 Lake Charles, Louisiana
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 Lake Charles, Louisiana 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 Lake Charles, Louisiana
Most CDs carry a fixed rate that is locked for the entire term, protecting a Lake Charles, Louisiana 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 Lake Charles, Louisiana
Are CD rates in Lake Charles, Louisiana FDIC insured?
Do I have to pay state taxes on CD interest in Lake Charles, Louisiana?
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 Lake Charles, Louisiana?
- Capital One Bank: 3.90% APY (12 Months)
- Southwest Louisiana Credit Union: 3.90% APY (Share Certificate (CD) 12 Month Expandable)
- Northrop Grumman Federal Credit Union: 3.84% APY (Bonus IRA Certificates 12 Month)
- CSE Federal Credit Union: 3.09% APY (IRA Certificate 6-Month)
- ADVANCIAL: 4.34% APY (Jumbo, 5 Year Term Certificate)
- GEISMAR COMPLEX: 4.33% APY (1 YEAR CERTIFICATE)
- Noda Federal Credit Union: 4.13% APY (6 months)
- EFCU Financial Federal Credit Union: 4.00% APY (12 Month Certificate)
- Red River Employees Federal Credit Union: 3.95% APY (6 Months)
- BAYOU COMMUNITY: 3.85% APY (12-Month CD (High Yield))
CD Calculators for Lake Charles, Louisiana
At today’s LA top rate of 3.90% APY, a $10,000 deposit earns $390 in the first year. Enter your amount to see your exact return.
Lake Charles, Louisiana CD LadderLA CD rates currently range from 2.349% (3-month) to 2.602% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Lake Charles, Louisiana CD at 3.90% 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 SavingsLouisiana’s average 12-month CD is 3.052% 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 Lake Charles, Louisiana 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 Lake Charles, Louisiana 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 Lake Charles, Louisiana. 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 LA.
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.
Lake Charles, Louisiana Rates & Resources
