Best CD Rates in Saint Louis, MO: Top 3

October 7, 2009 No Comments »

Below are the highest yielding CD (certificate of deposit) rates available to the residents of St. Louis, Missouri. The institutions we will cover all include the following cities in Missouri: Branson, St. Joseph, Lees Summit, Wentzville, Kansas City, Independence, Springfield, Warrensburg and Columbia. These come in the form of 6 month CDs, 12 month CDs and 24 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving the city of St. Louis as well as the state of Missouri, we found that for the most part, you will be able to receive slightly better rates with local institutions than with national ones.

Keep in mind interest rates are time-sensitive in nature, so you will want to refer to the date of this article for accuracy. To get the most CD current rates from national banks, compare CD rates nationwide. 

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best 6 month CD rates in St. Louis, MO:

  • Bremen Bank and Trust Company (Clayton, MO branch) has a 6 month CD and a 9 month CD yielding 2.0% APY with a minimum deposit of $500 required.
  • Bank Midwest National Association (also out of Clayton, MO) has a 6 month CD and a 9 month CD yielding 1.90% APY with a minimum deposit of $500 required.
  • First Bank out of East St. Louis has a 6 month CD yielding 1.80% APY with a minimum deposit of $1,000 required.

Best 12 month CD rates in St. Louis, MO:

  • Bank Midwest National Association has a 12 month CD yielding 2.25% APY with a minimum deposit of $500 required.
  • Vantage Credit Union (out of East St. Louis) has a 12 month CD and a 15 month CD yielding 2.15% APY with a minimum deposit of $10,000 required.
  • Saint Louis Community Credit Union has a 12 month CD yielding 2.05% APY with a minimum deposit of $300 required. 

Best 24 month CD rates in St. Louis, MO:

  • First Financial Bank National Association has a 24 month CD yielding 2.50% APY with a minimum deposit of $10,000 required. 
  • Hudson City Savings Bank has a 24 month CD yielding 2.50% APY with a minimum deposit of $5,000 required. This is a national bank and can accept deposits from customers nationwide.
  • Pulaski Bank (Florissant, MO branch) has a 29 month CD yielding 2.50% APY with a minimum deposit of $2,500 required. 
All of the above institutions are federally insured by either the FDIC or NCUA. If you live in the city of St. Louis, MO and know of a better interest rate offered through your local bank or credit union, please share by leaving a comment.

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