4.07% APY
6 months
N/A
$500
Climate First Bank stands out as the top choice because it offers a competitive 4.07% APY on its 6-month CD, combined with a penalty-free withdrawal feature. This makes it an attractive option for savers looking for flexibility and strong returns while supporting environmentally conscious initiatives.
Pros:
- Penalty-free withdrawals
- Focus on sustainability
Cons:
- Minimum deposit required
4.00% APY
6 months
N/A
$2,500
What sets Newtek Bank apart is its straightforward offering of a 4.00% APY for a 6-month CD, which is accessible for both personal and business accounts. This flexibility, along with a solid interest rate, makes it a strong contender for those looking to maximize their savings.
Pros:
- High APY
- Available for personal and business accounts
Cons:
- Higher minimum deposit required
3.85% APY
6 months
N/A
$1,000
First National Bank of America shines for its competitive 3.85% APY on a 6-month CD, providing a reliable option for savers. With a minimum deposit of $1,000, it offers a solid balance of accessibility and security for those looking to grow their savings.
Pros:
- Competitive rates
- FDIC insured
Cons:
- Minimum deposit required
Did you know?
Six-month certificate of deposit (CD) terms suit cash you may redeploy soon. Compare APY to high-yield savings if you might need the money before maturity.
Final Words
In summary, as of June 2026, top providers for 6-month CDs include Climate First Bank with a competitive 4.07% APY, alongside options from other leading institutions. Be sure to compare rates and terms to find the best fit for your financial goals, as these short-term investments can offer attractive returns with minimal commitment.
Frequently Asked Questions
The best 6-month CD rates in June 2026 include Climate First Bank offering 4.07% APY, Newtek Bank at 4.00% APY, and First National Bank of America at 3.85% APY.
The minimum deposit required for a 6-month CD at Climate First Bank is $500.
To open a 6-month CD at Newtek Bank, you need to make a minimum deposit of $2,500.
A Certificate of Deposit (CD) is a time deposit offered by banks and credit unions, where you agree to deposit your money for a fixed term in exchange for a higher interest rate compared to regular savings accounts.
Yes, most CDs impose early withdrawal penalties if you withdraw your money before the end of the term. However, some banks, like Climate First Bank, offer penalty-free CDs.
The interest on a CD typically accumulates daily, but it is credited and compounded at regular intervals, such as monthly or at maturity, depending on the bank's policies.
When your CD matures, you can either withdraw the funds or roll it over into a new CD at the current interest rate offered by the bank.
Compare CD Rates
Summary of all rates from our cd rate pages. Click column headers to sort.
| Provider ↕ | Rate ↓ | Term ↕ | Min Deposit | |
|---|---|---|---|---|
| First National Bank of America | 4.30% APY | 5 years | $1,000 | Learn more |
| Connexus Credit Union | 4.30% APY | 17 months | $5,000 | Learn more |
| NASA Federal Credit Union | 4.20% APY | 49 months | $10,000 | Learn more |
| Climate First Bank | 4.07% APY | 6 months | $500 | Learn more |
| Popular Direct | 4.05% APY | 1 year | $10,000 | Learn more |
| OMB Bank | 4.05% APY | 3 months | $1,000 | Learn more |
| Sallie Mae Bank | 4.00% APY | 5 years | $2,500 | Learn more |
| Newtek Bank | 4.00% APY | 6 months | $2,500 | Learn more |
| LendingClub | 3.40% APY | 5 years | $500 | Learn more |
| Wells Fargo | 1.50% APY | 1 year | $2,500 | Learn more |
| Bank of America | 0.03% APY | 1 year | $1,000 | Learn more |
