Annual Percentage Yields (APYs) listed below are effective as of May 4, 2026.
With a divided Federal Reserve leaving its benchmark interest rate unchanged at 3.50% to 3.75% at its April 29 meeting, savers need to be even more determined to shop and compare CD rates to ensure they are earning the highest rates possible on their Certificates of Deposit (CDs).
As more than $1 trillion in CDs mature before year-end, CD Valet’s Best CD Rates by State Map lets consumers compare the top CD rate in each state, including the financial institution offering it, term length, minimum deposit, and whether the offer comes from a bank or credit union.
Here’s a list of the highest offerings by state, drawn from CD Valet’s database of nearly 40,000 CD rates from approximately 5,000 banks and credit unions as of May 4, 2026. These rates reflect the highest CD rates from financial institutions based in each state.
The rate reductions of fall 2025 have savers searching harder for competitive CD rates, forcing them to look beyond their primary financial institutions and look statewide or even nationwide for stronger rates.
“Early observations from CD Valet’s 12-month rate data show that top offers are not generally found at national bank brands — which is why it pays to shop and compare rates,” said Mary Grace Roske, Head of Communications at CD Valet. “Looking at the CD rates from more than 5,000 financial institutions, credit unions and community-focused institutions continue to offer the competitive 12-month CD options, underscoring the importance of comparison shopping before locking in a rate.
“There’s a growing trend of ‘local’ banks accepting deposits from people nationwide,” noted Roske. “That gives savers a larger marketplace in which to shop for the best rates, and it can work whether they want to open their account online, by phone or by mail.”
CD Valet’s highest nationally available CD rates currently include Quorum Federal Credit Union, offer 4.05% APY on an 11-month CD (minimum deposit $100), Valley National Bank offering 4.00% APY on a 9-month CD (minimum deposit $500) and EverBank with a 7-month CD available at 4.00% APY ($1,000 minimum deposit)
The Federal Reserve’s pause may help stabilize the rate environment in the near term, but CD yields can still vary widely by institution, geography, term, and deposit requirements. CD Valet’s map is designed to make those differences easier to see, especially for consumers comparing local credit unions, regional banks, and online-accessible offers.
Consumers can explore the map at CD Valet and filter by institution type and term length to compare current offers. Rates are based on publicly available data and updated as often as daily; restrictions, early withdrawal penalties, membership requirements, and other terms may apply.
About CD Valet
CD Valet is a CD marketplace that features verified CD rates from federally insured banks and credit unions. With tens of thousands of CD offers tracked across the country, CD Valet gives savers a clear view of top rates and helps them explore high-yield CD options with reliable returns. For financial institutions looking to raise deposits and attract new customers, CD Valet is a reliable and cost-effective channel that helps boost the visibility of their brand and CD offerings to high-intent CD customers. Visit www.cdvalet.com for more information and check out CD Valet’s Best CD Rates by State Map to maximize earnings on savings.
