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Academy Bank CD Rates: Highest Rate 5.20% 13-Month CD

Academy Bank CD rates are very competitive right now, especially on the bank's 9-month and 13-month certificates of deposit. The current 9-month CD rates are at 5.25% APY with a minimum of deposit of $500. 13-month Academy Bank CD rates are slightly higher at 5.40% APY, also with a minimum of deposit of $500. You can view a complete list of regular CD rates and IRA CD rates below.

Academy Bank Regular CD Rates

Here are the CD rates offered by Academy Bank for different terms:

  • 30 Day: $500 minimum deposit, 1.21% APY

  • 91 Day: $500 minimum deposit, 1.36% APY

  • 182 Day: $500 minimum deposit, 1.61% APY

  • 9 Month: $500 minimum deposit, 5.25% APY

  • 12 Month: $500 minimum deposit, 3.14% APY

  • 13 Month: $500 minimum deposit, 5.40% APY

  • 15 Month: $500 minimum deposit, 3.29% APY

  • 18 Month: $500 minimum deposit, 3.29% APY

  • 19 Month: $500 minimum deposit, 3.29% APY

  • 24 Month: $500 minimum deposit, 4.58% APY

  • 30 Month: $500 minimum deposit, 3.03% APY

  • 36 Month: $500 minimum deposit, 3.03% APY

  • 48 Month: $500 minimum deposit, 3.03% APY

  • 60 Month: $500 minimum deposit, 3.03% APY

    • Academy Bank IRA CD Rates

  • 30 Day (CD only): $500 minimum deposit, 1.21% APY

  • 91 Day: $500 minimum deposit, 1.36% APY

  • 182 Day: $500 minimum deposit, 1.61% APY

  • 9 Month: $500 minimum deposit, 5.25% APY

  • 12 Month: $500 minimum deposit, 3.14% APY

  • 13 Month: $500 minimum deposit, 5.40% APY

  • 15 Month: $500 minimum deposit, 3.29% APY

  • 18 Month: $500 minimum deposit, 3.29% APY

  • 19 Month: $500 minimum deposit, 3.29% APY

  • 24 Month: $500 minimum deposit, 4.58% APY

  • 30 Month: $500 minimum deposit, 3.03% APY

  • 36 Month: $500 minimum deposit, 3.03% APY

  • 48 Month: $500 minimum deposit, 3.03% APY

  • 60 Month: $500 minimum deposit, 3.03% APY

    • What You Need to Know About IRA CDs

  • Fixed Interest: The interest rate is fixed.

  • Minimum Deposit: $500 is required for the advertised APY.

  • 7-91 Days: 60 days loss of interest

  • 92-182 Days: 182 days loss of interest

  • 183-<60 Months: 1 year loss of interest

  • 60 Months: 2 years loss of interest

  • Account Use: Can be used for IRAs or ESAs.

  • Interest Payment: Compounded and credited quarterly for terms 12-months or longer. Shorter terms pay at maturity.

  • Withdrawal: Interest may be withdrawn by those 59 1/2 or older through various methods.

    • Before making any investment, make sure to read all terms and conditions to understand fees and other conditions that could affect your returns. Also, compare Academy Bank rates with other CD rates at banks.

     
    Author: Brian McKay
    October 6th, 2023