3.691% APY
5 years
N/A
$500
Big Horn Federal Savings Bank stands out as the top choice because it offers a solid APY of 3.691% for its 5-year CD, making it an attractive option for savers looking to lock in their funds with a reliable institution.
Pros:
- Competitive APY
- Low minimum deposit
Cons:
- No promotional rates available
4.20% APY
5 years
N/A
$1,000
What sets United Fidelity Bank apart is its competitive 4.20% APY for the 5-year CD, which is particularly appealing for those looking to maximize their savings over a longer term.
Pros:
- High APY
- Easy online access
Cons:
- Higher minimum deposit required
4.20% APY
5 years
N/A
$2,500
Sallie Mae Bank shines for its consistent 4.20% APY on 5-year CDs, making it a strong contender for savers who prioritize stability and a reputable banking experience.
Pros:
- Competitive rates
- Reputable institution
Cons:
- Higher minimum deposit compared to others
3.80% APY
5 years
N/A
$500
Marcus by Goldman Sachs offers a reliable 3.80% APY for its 5-year CD, appealing to those who prefer a well-known financial institution with a straightforward account setup.
Pros:
- Low minimum deposit
- Reputable bank
Cons:
- Lower APY compared to others
4.28% APY
5 years
N/A
$1,000
NASA Federal Credit Union provides a competitive 4.28% APY on its 5-year share certificates, making it an excellent choice for members looking for strong yields and flexible terms.
Pros:
- Competitive APY
- Flexible terms
Cons:
- Membership required
3.75% APY
5 years
N/A
$0
Synchrony Bank offers a 3.75% APY for its 5-year CD with no minimum deposit, making it a flexible option for savers who want to start with any amount.
Pros:
- No minimum deposit
- Flexible account options
Cons:
- Lower APY compared to top competitors
Final Words
In summary, this August 2026, top providers like Big Horn Federal Savings Bank, along with others such as Ally Bank, Marcus by Goldman Sachs, and Discover Bank, are offering competitive 5-year CD rates that can help you grow your savings effectively. As always, it's crucial to compare these rates and terms to find the best fit for your financial goals.
Frequently Asked Questions
As of August 2026, some of the best 5-year CD rates in the US include: 1. United Fidelity Bank, fsb with a rate of 4.20% APY (minimum deposit: $1,000). 2. Sallie Mae Bank also offers a rate of 4.20% APY (minimum deposit: $2,500). 3. Big Horn Federal Savings Bank provides a rate of 3.691% APY (minimum deposit: $500).
To open a 5-year CD at Big Horn Federal Savings Bank, you need a minimum deposit of $500.
The APY for a 5-year CD at United Fidelity Bank, fsb is 4.20%.
The minimum deposit required for a 5-year CD at Sallie Mae Bank is $2,500.
A 5-year CD typically offers higher interest rates compared to shorter-term CDs. This means you can earn more interest on your savings over a longer period, which can be beneficial if you don't need immediate access to your funds.
When your 5-year CD matures, you typically have several options. You can withdraw your funds along with the earned interest, renew the CD for another term at the current interest rate, or transfer the funds to another type of account.
Yes, most 5-year CDs offered by banks in the US are insured by the FDIC up to the standard insurance amount of $250,000 per depositor, per insured bank, for each account ownership category.
Generally, 5-year CDs do not allow additional deposits after the initial investment. However, some banks may offer CDs that permit additional deposits, so it's best to check with your specific bank for their policies.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| Connexus Credit Union | 4.30% APY | 17 months | $5,000 | Learn more |
| NASA Federal Credit Union | 4.28% APY | 5 years | $1,000 | Learn more |
| Abound Credit Union | 4.25% APY | 1 year | $500 | Learn more |
| Vibrant Credit Union | 4.25% APY | 6 months | $5 | Learn more |
| TAB Bank | 4.20% APY | 60 months | $1,000 | Learn more |
| United Fidelity Bank, fsb | 4.20% APY | 5 years | $1,000 | Learn more |
| Sallie Mae Bank | 4.20% APY | 5 years | $2,500 | Learn more |
| Popular Direct | 4.17% APY | 1 year | $10,000 | Learn more |
| BTG Pactual | 4.15% APY | 1 year | $500 | Learn more |
| Bread Savings | 4.00% APY | 6 months | $1,500 | Learn more |
| CommunityWide Federal Credit Union | 4.00% APY | 6 months | $1,000 | Learn more |
| SF Fire Credit Union | 4.00% APY | 7 months | $250 | Learn more |
| Marcus by Goldman Sachs | 3.80% APY | 5 years | $500 | Learn more |
| First Internet Bank of Indiana | 3.76% APY | 6 months | $1,000 | Learn more |
| Synchrony Bank | 3.75% APY | 5 years | $0 | Learn more |
| Big Horn Federal Savings Bank | 3.691% APY | 5 years | $500 | Learn more |
| AbleBanking | 3.50% APY | 6 months | $5,000 | Learn more |
| Farmers and Merchants Bank | 3.50% APY | 12 months | $1,000 | Learn more |


