Best 4-Year CD Prices for May 2022

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If you have cash savings that you want to keep for several years without risk or market volatility, you can turn to certificates of deposit or CDs. This is because pledging your funds to a CD can earn you a higher interest rate than a standard savings account, while eliminating the risks that investing in the market would entail.

Although not as common as their 3- and 5-year siblings, 4-year CDs are offered by banks and credit unions across the country. Not only can a 4-year certificate provide the ideal time horizon for your financial plans, but it’s also important for anyone building a CD ladder.

Different institutions pay widely varying rates on CDs, so it’s crucial that you do your homework. For your convenience, we continuously rank the best 4-year CD rates, based on our daily rate tracking of approximately 200 banks and credit unions that offer CDs nationwide. To qualify for our ranking, the certificate must have a minimum deposit requirement of $25,000 or less and be offered by a federally insured institution (FDIC for banks, NCUA for credit unions).

When we find that multiple institutions are paying the same rate, we prioritize our ranking by the shortest term, then the smallest minimum deposit, and if there is still a tie, whereby CD has a lighter early withdrawal penalty.

Best CD prices over 4 years:

  • Connexus Credit Union3.11% APY
  • KS State Bank – 2.80% APY
  • Department of Commerce Federal Credit Union – 2.77% ABS
  • Merrick Bank – 2.56% ABS
  • First National Bank of America2.55% APY
  • First Internet Bank – 2.53% ABS
  • Crescent Bank – 2.50% APY
  • Living Oak Bank – 2.50% APY
  • Popular direct – 2.45% APY
  • Bank of Seattle – 2.43% ABS
  • Alliant Credit Union – 2.40% APY
  • ConnectOne Bank – 2.35% APY
  • PenFed Credit Union – 2.35% APY
  • Savings on bread – 2.35% APY
  • NASA Federal Credit Union – 2.35% APY

Below are the best CD rates available from our partners, followed by a ranking of some of the best CD rates nationwide.


Detailed information on the highest paying 4-year CDs available nationwide is provided below, including details on minimum deposits and early withdrawal penalties. For credit union CDs, information is also provided on how anyone can become a member.

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