Certificates of deposit are popular among investors because they tend to offer higher interest rates than traditional savings accounts. However, not all CD rates are competitive with other deposit accounts.

Indiana Banking Rates compiles rates data from a database of over 3,000 banks and credit unions to bring you the most up-to-date CD rate information and help you find the best accounts.

Most investors prefer certificate of deposit accounts to traditional savings accounts because of their potential to gain higher interest rates.

Indiana Banking Rates is a comprehensive free resource for people like you who are searching for the best CD rates in Indiana. We narrow down the highest rate offers in Indiana so that you don’t have to.

Whether you’re looking for a short-term CD of only six months, or a longer investment period of one to two years, the interest rate you earn greatly determines whether you made a wise investment choice. Not all bank CD rates are competitive with the current national or state average, so thoroughly research your options before committing your funds to an account.

Average Indiana CD Rates

Currently, the average 6-month CD rate in Indiana is .69% APY. One and two year CDs are not a whole lot better at .98% APY and 1.39% APY , respectively. That doesn’t mean you can’t obtain a better interest rate on your certificate of deposit, though; you just have to know where to look.

Banks and Credit Unions with the Best Indiana CD Rates

The following are the top IN banks and credit unions offering the best CD rates in the state:

If you’ve done your research on Indiana CD rates and found an interest rate that’s the highest you’ve seen, odds are you might be wondering if there’s really any decision to make. After all, high rates are 

Indiana CDs are among the best investments you can make as a resident. That’s because there are so many positive features about a certificate of deposit that you would be missing out if you don’t currently have one. CDs continue to grow in popularity, and here are 3 good reasons why.

The Hoosier State has a winning tradition in sports, with the NFL’s Colts and the NBA’s Pacers, as well as hosting the Indianapolis 500. And while it’s great to see success in sports, it’s an even great feeling to see success in finance, especially at the individual level. Living paycheck to paycheck isn’t anyone’s goal, but it does happen frequently. The only way to free yourself from financial constraints is by growing your money, and an Indiana CD account with a great rate is a good way to start.