Here is a list of the highest CD (certificate of deposit) rates available to the residents of Sacramento, California. We have compiled a list of the best CD rates for the 6 month CD, 12 month CD and 24 month CD terms. After going through many local bank rates and credit unions serving the city of Sacramento as well as Central California we have found that you will find better rates with national institutions than with your local ones.
Be mindful that CD rates are always changing and that these rates may be out of date depending on the date of this article. You can always find up to date CD rates from our CD rates page.
How we came up with this information:
As you may very well know that if you are looking for the highest CD rates you will need to look at the longer maturities such as the 60 month CD or CDs that require a high minimum deposit.
Highest 6 Month CD Rates In Sacramento, CA:
- UFB Direct – 6 month CD yields 1.70% APY with a minimum deposit of $8,000. This is a national bank and will accept deposits from other states.
- First Financial Bank (Sacramento branch) – A promotional 10 month CD yields 1.50% APY with a minimum deposit of $500.
- Community Business Bank of West Sacramento – 6 month CD yields 1.45% APY with a minimum deposit of $10,000.
Highest 12 Month CD Rates In Sacramento, CA:
- Colorado Federal Savings Bank (Sacramento branch) – 12 month CD yields 2.0% APY with a minimum deposit of $5,000.
- Community Business Bank – 12 month CD yields 2.0% APY with a minimum deposit of $10,000.
- iGoBanking.com – 12 month CD yields 2.0% APY with a minimum deposit of $1,000. This is an online institution with will accept deposits from any state.
Highest 24 Month CD Rates In Sacramento, CA:
- Hudson City Savings Bank – 24 month CD yields 2.50% APY with a minimum deposit of $5,000. This bank can accept deposits from any state.
- First Financial Bank – A promotional 25 month CD yields 2.50% APY with a minimum deposit of $10,000.
- CitiBank (Carmichael, CA branch) – 24 month CD yields 2.25% APY with a minimum deposit of $1,000.
All of these banks and credit unions are federally insured. Make sure the bank or credit union you deposit your money to is insured by either the FDIC or NCUA. If you live in or around Sacramento, CA and you know of a better CD rate please let us know.
