Looking to securely grow your savings in Sacramento? Certificates of Deposit (CDs) offer a reliable way to earn higher interest rates compared to traditional savings accounts. This guide explains what CDs are, where to find the best rates in Sacramento or the state of California, and how CD Valet can assist you in making informed decisions with your savings.
What is a CD?
A Certificate of Deposit (CD) is an account that holds a fixed amount of money for a fixed period of time, known as the term, and, in exchange, the issuing financial institution pays interest. CDs typically offer higher interest rates than regular savings accounts and are insured by FDIC- or NCUA-insurance up to $250,000 per depositor, per institution, per account category.
How CD Valet Helps You Find the Best CD Rates
CD Valet is an online marketplace that allows you to compare CD rates from banks and credit unions nationwide, including those in Sacramento. With CD Valet, you can:
- View rates from multiple financial institutions side by side
- Filter CDs by term length, minimum deposit, and institution type
- Access the latest information on new CD offers
- Make informed decisions about where to place your savings
- Receive regular CD rate updates and exclusive offers by becoming a subscriber.
Top CD Rates in Sacramento, California
Here are some of the best CD rates currently available in California from financial institutions with a branch location in the Greater Sacramento area. Remember to compare rates available nationwide from out-of-state banks and credit unions, in order to make sure you are getting the best rate matched to your goals. (Data as of 11/26/2025)
| Financial Institution | Term | APY* | Minimum Deposit | Insured By |
| SchoolsFirst Federal Credit Union | 60 Months | 4.35% | $250,000 | NCUA insured |
| Sacramento Credit Union | 4 Months | 3.90% | $1,000 | NCUA insured |
| Travis Credit Union | 4 Months | 3.85% | $500 | NCUA insured |
| Golden 1 Credit Union | 60 Months | 3.80% | $500 | NCUA insured |
| Poppy Bank | 6 Months | 3.75% | $1,000 | Member FDIC |
How to Choose the Right CD for You
When selecting a CD, consider the following factors:
- Term Length: Choose a term that aligns with your financial goals. Longer terms often offer higher rates but require you to lock in your funds for a more extended period.
- Interest Rate: Compare the annual percentage yields to maximize your earnings.
- Minimum Deposit: Ensure you meet the minimum deposit requirement for the CD.
- Early Withdrawal Penalties: Be aware of any penalties for withdrawing funds before the CD matures.
FAQs About CDs in Sacramento
Are CD rates in Sacramento better than in other cities?
CD rates can vary by location and institution. It’s advisable to compare rates in Sacramento with those in nearby areas to ensure you’re getting the best deal.
Can I withdraw my money from a CD early?
Yes, but early withdrawal typically includes a penalty, which can reduce your earned interest.
How often do CD rates change?
Once you open your CD, the rate for that CD does not change during the term unless there is a special feature of that CD product. Overall, the CD rates a bank or credit union is offering can change frequently based on economic conditions. Regularly check CD Valet for the most up-to-date rates.
Do I need a large amount of money to open a CD?
Minimum deposit requirements vary by institution. Some CDs can be opened with smaller amounts of money while other “jumbo” CDs require a larger minimum.
Start Earning More with CDs in Sacramento
Ready to take advantage of the best CD rates in Sacramento? Visit CD Valet to compare rates, terms, and institutions to find the perfect CD for your financial needs.
Disclaimer: The information provided in this article is for informational purposes only. Rates and terms are subject to change. Always verify current rates and terms with the financial institution before opening an account.
