CD Rates
Highest Business CD Rates
The highest business CD rate on Banksparency is 4.75% APY, advertised by Walden Mutual Bank on its 100 Year Local Impact Business CD. This page tracks 201 active business CDs from 22 banks.
By Aviel Fahl
|Business CD Rate Summary
22 banks tracked in this category.
The mean of all tracked business CD APYs is 2.60%. The FDIC national average for 12-month CDs is 1.73% as of Sep 2026. The effective federal funds rate is 3.88% as of Oct 1, 2026.
Market Snapshot
Top 10 Range
4.20%–4.75% APY
Average APY
2.60% APY
The mean of all tracked business CDs
FDIC National Average
1.73%
12-month CDs, cap 5.74% · Sep 2026
Fed funds rate
3.88%
As of Oct 1, 2026
What a higher rate is worth
A year at the FDIC national average returns about $173 in interest on a $10,000 balance. The highest business CDs we track advertise 4.20%–4.75% APY.
The neighbouring rankings, if this is not the account you want:
Latest Rate Changes
Review every rate change captured for the selected timeframe.
Effective Federal Funds Rate
Policy rate benchmark
- Armed Forces Bank, National Association
18-Month Business CD
3.75% APY+1.40 percentage points - First Internet Bank of Indiana
Business 24-Month CD
4.00% APY+0.70 percentage points - First Internet Bank of Indiana
Business 36-Month CD
4.00% APY+0.70 percentage points - Armed Forces Bank, National Association
15-Month Business CD
3.65% APY+0.65 percentage points - First Internet Bank of Indiana
Business 18-Month CD
4.00% APY+0.62 percentage points - First Internet Bank of Indiana
Business 48-Month CD
4.00% APY+0.55 percentage points - First Internet Bank of Indiana
Business 60-Month CD
4.00% APY+0.55 percentage points - Armed Forces Bank, National Association
30-Month Business CD
2.75% APY+0.48 percentage points - Armed Forces Bank, National Association
36-Month Business CD
2.75% APY+0.48 percentage points - Armed Forces Bank, National Association
48-Month Business CD
2.75% APY+0.48 percentage points - Armed Forces Bank, National Association
60-Month Business CD
2.75% APY+0.48 percentage points - Armed Forces Bank, National Association
12-Month Business CD
3.55% APY+0.40 percentage points - Armed Forces Bank, National Association
19-Month Business CD
2.75% APY+0.40 percentage points - Armed Forces Bank, National Association
24-Month Business CD
2.75% APY+0.40 percentage points - First Internet Bank of Indiana
Business 12-Month CD
4.00% APY+0.33 percentage points - PlainsCapital Bank
Business 180 Day CD
3.33% APY+0.26 percentage points - First Internet Bank of Indiana
Business 3-Month CD
3.40% APY+0.26 percentage points - Nelnet Bank
Business 24 Month CD
4.25% APY+0.25 percentage points - Nelnet Bank
Business 36 Month CD
4.25% APY+0.25 percentage points - PlainsCapital Bank
Business 1 Year CD
3.19% APY+0.21 percentage points - PlainsCapital Bank
Business 4 Year CD
2.88% APY+0.21 percentage points - PlainsCapital Bank
Business 5 Year CD
2.83% APY+0.21 percentage points - Financial Federal Bank
Business 12 Month CD
4.20% APY+0.20 percentage points - PlainsCapital Bank
Business 3 Year CD
2.98% APY+0.20 percentage points - PlainsCapital Bank
Business 2 Year CD
3.03% APY+0.20 percentage points - Nelnet Bank
Business 18 Month CD
4.18% APY+0.18 percentage points - Live Oak Bank
9-Month Business CD
4.20% APY+0.15 percentage points - Live Oak Bank
1 Year Business CD
4.30% APY+0.15 percentage points - Live Oak Bank
6-Month Business CD
4.10% APY+0.15 percentage points - Live Oak Bank
18-Month Business CD
4.10% APY+0.15 percentage points - Nelnet Bank
Business 12 Month CD
4.10% APY+0.10 percentage points
- First Commerce Bank
6 Month Business Online CD
3.50% APY-0.25 percentage points - First Commerce Bank
7 Month Business Online CD
3.50% APY-0.25 percentage points - First Internet Bank of Indiana
Business 6-Month CD
3.60% APY-0.16 percentage points - Armed Forces Bank, National Association
13-Month Business CD
3.25% APY-0.10 percentage points
Highest Business CD Rates Right Now
Ordered by highest APY. The top 50 of 201 products tracked.
Walden Mutual Bank leads at 4.75% APY on its 100 Year Local Impact Business CD. The tenth-ranked business CD rate is 4.20%, so the top ten span 0.55 points. The leader is 2.7 times the FDIC national average of 1.73%.
Walden Mutual Bank
100 Year Local Impact Business CD · 1200 months
First Commerce Bank
17 Month Business CD · 17 months
First Commerce Bank
17 Month Business IRA CD · 17 months
| # | Institution & CD | Rate & Features | Minimum Deposit | Actions |
|---|---|---|---|---|
| #1 | 4.75%APY Observed: Oct 5, 2026 | $1,000 | ||
| #2 | 4.50%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #3 | 4.50%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #4 | 4.30%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #5 | 4.25%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $500 | ||
| #6 | 4.25%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $500 | ||
| #7 | 4.25%APY Observed: Oct 5, 2026 | $25,000 | ||
| #8 | 4.25%APY Observed: Oct 5, 2026 | $25,000 | ||
| #9 | 4.20%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #10 | 4.20%APY Observed: Oct 3, 2026 Branches: Yes | $1,000 | ||
| #11 | 4.18%APY Observed: Oct 5, 2026 | $25,000 | ||
| #12 | 4.10%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #13 | 4.10%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #14 | 4.10%APY Observed: Oct 5, 2026 | $25,000 | ||
| #15 | 4.10%APY Observed: Oct 3, 2026 Branches: Yes | N/A | ||
| #16 | 4.10%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #17 | 4.07%APY Observed: Oct 3, 2026 Branches: Yes | $1,000 | ||
| #18 | 4.00%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #19 | 4.00%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $500 | ||
| #20 | 4.00%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #21 | 4.00%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #22 | 4.00%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #23 | 4.00%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #24 | 4.00%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #25 | 4.00%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #26 | 4.00%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #27 | 4.00%APY Observed: Oct 5, 2026 | $1,000 | ||
| #28 | 3.95%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #29 | 3.75%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $1,000 | ||
| #30 | 3.75%APY Observed: Oct 2, 2026 Branches: Yes | $500 | ||
| #31 | 3.75%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #32 | 3.75%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #33 | 3.75%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 | ||
| #34 | 3.70%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $1,500 | ||
| #35 | 3.70%APY Observed: Oct 2, 2026 | $1,000 | ||
| #36 | 3.65%APY Observed: Oct 3, 2026 Branches: Yes | N/A | ||
| #37 | 3.65%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $1,000 | ||
| #38 | 3.65%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $1,000 | ||
| #39 | 3.65%APY Observed: Oct 2, 2026 Branches: Yes | $500 | ||
| #40 | 3.65%APY Observed: Oct 2, 2026 | $1,000 | ||
| #41 | 3.60%APY Observed: Oct 5, 2026 Branches: None | $1,000 | ||
| #42 | 3.60%APY Observed: Oct 5, 2026 Available nationwide Branches: Yes | $1,500 | ||
| #43 | 3.60%APY Observed: Oct 2, 2026 | $1,000 | ||
| #44 | 3.60%APY Observed: Oct 2, 2026 | $1,000 | ||
| #45 | 3.60%APY Observed: Oct 2, 2026 | $1,000 | ||
| #46 | 3.60%APY Observed: Oct 2, 2026 | $1,000 | ||
| #47 | 3.55%APY Observed: Sep 30, 2026 Branches: Yes | $500 | ||
| #48 | 3.50%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #49 | 3.50%APY Observed: Oct 5, 2026 Branches: Yes | $1,000 | ||
| #50 | 3.50%APY Observed: Oct 5, 2026 Available nationwide Branches: None | $2,500 |
$1,000
N/A
$1,000
Yes
$1,000
Yes
$2,500
None
$500
Yes
$500
Yes
$25,000
N/A
$25,000
N/A
$2,500
None
$1,000
Yes
$25,000
N/A
$2,500
None
$1,000
Yes
$25,000
N/A
N/A
Yes
$2,500
None
$1,000
Yes
$2,500
None
$500
Yes
$1,000
None
$2,500
None
$1,000
None
$1,000
None
$1,000
None
$1,000
None
$1,000
None
$1,000
N/A
$2,500
None
$1,000
Yes
$500
Yes
$1,000
Yes
$1,000
Yes
$2,500
None
$1,500
Yes
$1,000
N/A
N/A
Yes
$1,000
Yes
$1,000
Yes
$500
Yes
$1,000
N/A
$1,000
None
$1,500
Yes
$1,000
N/A
$1,000
N/A
$1,000
N/A
$1,000
N/A
$500
Yes
$1,000
Yes
$1,000
Yes
$2,500
None
Business CD rate questions
What is the highest business CD rate right now?
Walden Mutual Bank advertises 4.75% APY on its 100 Year Local Impact Business CD, the highest of 201 active business CDs tracked on Banksparency.
What is the average business CD rate?
The mean of all 201 tracked business CD APYs is 2.60%. It is a plain mean across every tracked product.
How do the top business CD rates compare with the FDIC national average?
The ten highest advertised rates run from 4.20% to 4.75% APY, against an FDIC national average of 1.73%. The FDIC national rate cap for 12-month CDs is 5.74%.
When were these business CD rates last observed?
The newest reading on this page is from Monday, October 5, 2026. Banksparency reads each institution's advertised rate on that institution's own website, and it records the date of each reading. Some rates on this page carry an earlier date. A rate can change at any time, so confirm it with the institution before you open an account.