Highest Yielding 1-Year CD Rates for Madison, SD

Includes Online Banks, Local Banks and Credit Unions / Updated November 19, 2024

All rates listed are Annual Percentage Yield (APY).


 

Advertiser Disclosure

  		•  4.80% Online Rate
    12 Month Jumbo CD - $50,000 Min.

    Early Withdrawal Penalty is 3 months interest.

  		• 4.79% Bank with nearby branch - View
    12 MONTH - $2,000 Min.
  		• 4.70% Bank with nearby branch - View
    1-Year CD - $50,000 Min.
  		• 4.55% Online Rate with branch - View
    12 Month - $2,500 Min.
  		• 4.50% Online Rate
    12 Month Online CD - $500 Min.

    Early Withdrawal Penalty is 30 days interest.

    | July 18, 2022 |

    And how is this an online bank if they are inundating me with invitations to a customer appreciation free movie showing in some remote location in Utah? More Reviews

  		• 4.50% Online Rate
    12-Month CD - $1,000 Min.

    Early Withdrawal Penalty is 90 days interest.

    | September 3, 2023 |

    The ACH processes at this bank are terrible. At maturity of my CD, the bank refused an external ACH drawn from an outside bank, in spite of providing assurances that this would not happen together with th... More Reviews

  		• 4.50% Online Rate with branch - View
    12 Month CD - $5,000 Min.

    Early Withdrawal Penalty is 6 months interest.

  		• 4.50% Online Rate
    12-Month CD - $25,000 Min.

    Early Withdrawal Penalty is 6 months interest.

    | June 13, 2023 |

    5% + on a savings rate is attractive, but the phone reps are trained to tell people as a first response to come to a branch to address any inquiries. (Thankfully, I don't live in Florida but I also means ... More Reviews

  		• 4.43% Online Rate
    1-Year CD - $1,000 Min.

    Early Withdrawal Penalty is 30 days interest.

    | May 30, 2023 |

    Thank you to this site for showing this CD rate. I could not find it on the three leading sites (Bankrate, BestCashCow or Nerdwallet). Heck, I couldn't even find it easily on CIBC's own website, but that... More Reviews

  		• 4.42% Online Rate
    1-Year CD - $1,000 Min.

    Early Withdrawal Penalty is 180 days interest.

  		• 4.35% Online Rate
    12 Month - $5,000 Min.

    Early Withdrawal Penalty is 3 months interest.

  		• 4.35% Online Rate
    12 Month CD - $50,000 Min.

    Early Withdrawal Penalty is 6 months interest.

  		• 4.35% Online Rate with branch - View
    12 Month - $100,000 Min.

    | June 19, 2024 |

    Least friendly bank I have ever dealt with. First wanted me to abandon my existing bank and move all direct deposit to them. Second no one even smiles or welcomes you. I got the feeling I was wasting t... More Reviews

  		• 4.34% Bank with nearby branch - View
    12 Month Certificate of Deposit - $1,000 Min.
  		• 4.30% Online Rate
    1-year CD - $0 Min.

    Early Withdrawal Penalty is 180 days interest.

    | February 22, 2024 |

    They gave me the new, lower CD rate even though I had opened the account online when the CD rate was 0.15% higher. I checked with Wells and they had even initiated the transfer before they lowered the rat... More Reviews

  		• 4.30% Online Rate with branch - View
    12 MONTH - $500 Min.
  		• 4.30% Online Rate
    12 MONTH - $1,000 Min.
  		• 4.30% Online Rate with branch - View
    12 Month - $1,000 Min.

    Early Withdrawal Penalty is 180 days interest.

  		• 4.30% Online Rate
    1-Year CD - $1,500 Min.

    Early Withdrawal Penalty is 180 days interest.

    | November 7, 2023 |

    The rates are good but it was a hassle getting my account set up. The app does not work. I purchased a 5 year CD and I hope I don't have any issues when it's time to cash it out. I wouldn't recommend Bread... More Reviews

  		• 4.30% Online Rate
    12 Month Impact Certificate of Deposit - $2,500 Min.

    Early Withdrawal Penalty is 3 months interest.

  		• 4.30% Online Rate with branch - View
    12 Month - $20,000 Min.

    | June 19, 2024 |

    Least friendly bank I have ever dealt with. First wanted me to abandon my existing bank and move all direct deposit to them. Second no one even smiles or welcomes you. I got the feeling I was wasting t... More Reviews

  		• 4.25% Online Rate
    12 Month CD - $0 Min.
  		• 4.25% Online Rate
    12 Month Online CD - $500 Min.

    Early Withdrawal Penalty is 90 days interest.

  		• 4.25% Online Rate
    12-Month CD - $500 Min.

    Early Withdrawal Penalty is 180 days interest.

    | May 22, 2023

    Your personal experiences OUTSIDE the bank shouldn't be the basis for your review of how the bank actually functions. More Reviews

  		• 4.25% Online Rate
    12 Month Online CD - $1,000 Min.

    Early Withdrawal Penalty is 180 days interest.

    | October 30, 2022 |

    I got into this one and a couple of other small Utah banks last years when I saw that they were a little higher than national rates (something like 0.70% versus 0.50%). Whatever I made with this adjustme... More Reviews

  		• 4.25% Online Rate
    12 MONTH - $1,000 Min.

    Early Withdrawal Penalty is 90 days interest.

    | July 20, 2023 |

    This should be a red flag on their CD accounts! "APYs on term deposits assumes reinvestment of principal and interest at maturity, fees may reduce earnings on accounts." More Reviews

  		• 4.25% Online Rate with branch - View
    12-Month Online CD - $2,500 Min.

    | May 8, 2023 |

    This is just a wonderful bank to do business with. I have some concerns about all of these smaller California banks so my husband and I just stay below FDIC insurance amounts ($500,000 as a couple). It is ... More Reviews

  		• 4.25% Online Rate
    12 Month CD ONLINE - $5,000 Min.

    Early Withdrawal Penalty is 90 days interest.

    | May 17, 2022 |

    I have accounts at some of these other names where I make a little more, but if I need something (to access my cash or to cover an obligation somewhere), this is the place I go. Great service by phone too... More Reviews

  		• 4.25% Online Rate with branch - View
    1-Year CD online - $5,000 Min.

    | May 17, 2022 |

    I have accounts at some of these other names where I make a little more, but if I need something (to access my cash or to cover an obligation somewhere), this is the place I go. Great service by phone too... More Reviews

  		• 4.25% Online Rate
    One Year CD - $10,000 Min.

    Warning: Early Withdrawal Penalty is 270 days interest.

  		• 4.20% Online Rate
    12 Month CD - $0 Min.

    Early Withdrawal Penalty is 90 days interest.

    | May 12, 2023 |

    I can’t get a real live person ever! Don’t use them ! More Reviews

  		• 4.20% Online Rate
    One-Year CD - $500 Min.
  		• 4.20% Online Rate with branch - View
    12-Month CD - $1,000 Min.

    Early Withdrawal Penalty is 90 days interest.

  		• 4.20% Online Rate
    1-Year CD - $1,000 Min.

    | November 13, 2023 |

    Indexed savings product from this bank is now 5.71%. Better than anything else on this site or available anywhere. More Reviews

  		• 4.15% Online Rate
    12-Month Online CD - $500 Min.

    Early Withdrawal Penalty is 6 months interest.

  		• 4.15% Online Rate
    12 Month High Yield CD - $1,000 Min.

    | June 22, 2022 |

    I've been around this one for a while in all of its forms - including igo, bankpurely, giftsforbanking, etc. They are creative with the market and the customer service is responsive. It just requires too... More Reviews

  		• 4.10% Online Rate
    12 Month CD - $0 Min.

    Early Withdrawal Penalty is 3 months interest.

    | December 6, 2022 |

    The MOST organized bank with easy to read online banking ever! More Reviews

  		• 4.10% Online Rate
    1 Year CD - $0 Min.

    | August 1, 2022 |

    Hard to imagine how Ally got to be so bad, but 1 hour to speak with anyone on the phone is just not good business. It however is slightly better than my other bank which is CIT which hangs up on me. More Reviews

  		• 4.10% Bank with nearby branch - View
    12 MONTH - $0 Min.

    | December 6, 2022 |

    The MOST organized bank with easy to read online banking ever! More Reviews

  		• 4.10% Online Rate
    12 Month CD - $500 Min.

    | December 7, 2021 |

    I've been unable to log on all evening because of the AWS outage. Also, I waited on hold for over 1 hour before giving up. Unable to get access to my money and disappointed by the AWS reliance with no re... More Reviews

  		• 4.10% Online Rate with branch - View
    1 YEAR - $500 Min.
  		• 4.10% Online Rate
    12 Month CD - $2,500 Min.
  		• 4.10% Online Rate
    12 Month CD - $2,500 Min.

    Early Withdrawal Penalty is 90 days interest.

    | January 7, 2023 |

    Called and asked them to match rates offered through save better for a 15 year client since directly offered rates are no longer competitive. Received nasty response. My only regret now is that I need to c... More Reviews

  		• 4.06% Online Rate
    12 Month CD - $1,000 Min.

    • $1,000 minimum deposit to open an account. • A penalty may be imposed for early withdrawal. • Account fees may reduce your earnings.

  		• 4.00% Online Rate
    12 Month CD - $500 Min.

    | July 14, 2021 |

    My husband and I opened an account here. We were happy to get the slightly higher rate for a bit, but they were quick to lower it. And, then the fees started. More Reviews

  		• 4.00% Online Rate with branch - View
    One-Year CD - $500 Min.

    Warning: Early Withdrawal Penalty equals one year of interest.

    | November 27, 2021 |

    I tried to open account and was rejected. Called and was treated worse than I could have imagined any bank ever treating anyone. These guys can go to hell. More Reviews

  		• 4.00% Online Rate
    Basic CD - $1,000 Min.

    Early withdrawal penalty is one-fourth the amount of interest that would have been earned had CD been held to maturity.

    | November 21, 2023 |

    Everbank is the same name that was issuing foreign currency CDs and saying there was no risk and then violating their own T&C to not pay out. It is back. Terrible bank, no matter what the name. More Reviews

  		• 4.00% Online Rate
    12-Month CD - $1,000 Min.

    Early Withdrawal Penalty is all interest earned.

  		• 4.00% Online Rate with branch - View
    12 Month CD - $1,000 Min.
  		• 4.00% Online Rate
    1 Year CD - $2,500 Min.

    Early Withdrawal Penalty is 90 days interest.

    | September 18, 2022 |

    Let's see. A bank with a name like "LendingClub" that is focused on predatory straight cash lending in an economy that has gone from flush with cash to a deep recession (depression?) and that has a website... More Reviews

All rates listed above are Annual Percentage Yield (APY).

Compare Savings and CDs

$

CD Products by State

CD Products by City