Best certificate of deposit rates in Colorado (Top 3)
Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.
Below are the top 3 CD (certificate of deposit) rates available to the residents of Colorado. They come from a variety of financial institutions including local and regional banks and credit unions. In some cases there may be eligibility restrictions (especially with credit unions), so you may want to contact a representative within the institution to see if you are eligible. If do not live in Colorado you may still be able to take advantage of some of these products but it will most likely depend on your individual situation (place of work, residence, family relatives, etc).
Also, keep in mind deposit products are time-sensitive so refer to the date of this article for accuracy. Since there are a number of regional banks that cover the general area you may want to browse through Arizona’s best CD rates and/or California CD rates.
Top 3 CD rates (Colorado)
(clicking on the institution will bring you to their rates page)
Grand Junction Federal Credit Union: Grand Junction, CO. 12 month CD yielding 2.78% APY with a minimum deposit amount of $2,500. The national average for 1 year CD’s is currently 1.65% APY. BankVibe reported on this product last week. GJCU has some pretty strict eligibility requirements so you may not be able to join even if you live in Colorado. They opened in 1957 and are a not-for-profit member-owned institution. Along with the 1 year CD they also have a 2 year CD and 3 year CD yielding a 3.03% APY and a 3.14% APY, respectively. Contact a rep by following the link above, for a membership application or with any questions.
Core First Bank and Trust: Denver, CO. 24 month CD yielding 3.10% APY with a minimum deposit amount of $5000. Founded in Topeka, Kansas in 1959, Core First offered what was the “first” of many customer service products in the area. They were the first to offer 24 hour ATMs, grocery store branches and extended weekend hours. The bank grew to be the largest in the area and in 1995 was nationally recognized as the “Best Bank in Kansas” by Money Magazine. The Colorado branch came much later.
Yampa Valley Bank: Steamboat Springs, CO. 36 month CD yielding 3.05% APY with a minimum deposit amount of $1,000. Yampa Valley Bank is made up of 30 local investors with live in the area. They all seem to be owners or senior management of local businesses within the town. All of them have been residents of the area for over a decade. You may want to contact a representative to see if you are eligible for this product.
All of the institutions listed above are federally insured by either the FDIC or NCUA. If you live in Colorado and know of a better rate offered by your institution, please share by leaving a comment.
