Bank Independent CD Rates — October 2026
As of October 22, 2026, Bank Independent's highest tracked CD rate is 3.80% APY on a 36-month promotional CD ($1,000 minimum). That is 2.7 times the FDIC national average for 36-month CDs (1.39%).
Tracking began .
Bank Independent CD rates
Published certificate rates from 3 months to 5 years with a $1,000 minimum deposit. Premier Growth CDs can open with $1 plus a monthly automatic transfer. Early withdrawal penalties may apply.
| Term | Product | APY |
|---|---|---|
| 3 months | Certificate of Deposit Promotional | 3.25%Top 38% · $10k reference sampleVerified October 22, 2026 |
| 6 months | Certificate of Deposit Promotional | 3.24%Top 60% · $10k reference sampleVerified October 22, 2026 |
| 7 months | Certificate of Deposit Promotional | 3.43%Verified October 22, 2026 |
| 12 months | Certificate of Deposit Promotional | 3.65%Top 53% · $10k reference sampleVerified October 22, 2026 |
| 18 months | Certificate of Deposit Promotional | 3.02%Top 71% · $10k reference sampleVerified October 22, 2026 |
| 24 months | Certificate of Deposit Promotional | 3.75%Top 40% · $10k reference sampleVerified October 22, 2026 |
| 36 months | Certificate of Deposit Promotional | 3.80%Top 29% · $10k reference sampleVerified October 22, 2026 |
| 48 months | Certificate of Deposit Promotional | 2.01%Top 75% · $10k reference sampleVerified October 22, 2026 |
| 60 months | Certificate of Deposit Promotional | 2.01%Top 75% · $10k reference sampleVerified October 22, 2026 |
APY = annual percentage yield. "vs. Treasury" compares each APY with the Treasury yield for the same term on 2026-10-21 (converted to APY). Treasury interest is exempt from state income tax; see the T-bill vs. CD calculator.
What are Bank Independent's best CD rates by term?
Bank Independent's best rate is 3.80% APY on 36 months, verified October 22, 2026.
- 3 mo3.25%
- 6 mo3.24%
- 7 mo3.43%
- 12 mo3.65%
- 18 mo3.02%
- 24 mo3.75%
- 36 mo3.80%
- 48 mo2.01%
- 60 mo2.01%
How much interest could a Bank Independent CD earn?
Estimated interest at maturity for the displayed institution quotes, before tax or early withdrawal penalties. Each estimate assumes the quoted APY applies to that balance and interest stays deposited. Estimates use known deposit tiers. Upper balance limits and membership, relationship or new-money requirements must be confirmed with the institution; these are conditional estimates, not personalized offers.
$1,183.87 interest · $11,183.87 at maturity on $10,000.00.
3.80% APY · 36 months · Certificate of Deposit · Promotional · verified October 22, 2026.
Before tax; interest remains deposited. Confirm all product conditions. Estimate one-year purchasing power.
| Term | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|
| 3 months | $40.033.25% APY · Certificate of Deposit · Promotional | $80.063.25% APY · Certificate of Deposit · Promotional | $200.143.25% APY · Certificate of Deposit · Promotional | $400.293.25% APY · Certificate of Deposit · Promotional |
| 6 months | $80.583.24% APY · Certificate of Deposit · Promotional | $161.153.24% APY · Certificate of Deposit · Promotional | $402.883.24% APY · Certificate of Deposit · Promotional | $805.763.24% APY · Certificate of Deposit · Promotional |
| 7 months | $99.383.43% APY · Certificate of Deposit · Promotional | $198.753.43% APY · Certificate of Deposit · Promotional | $496.893.43% APY · Certificate of Deposit · Promotional | $993.773.43% APY · Certificate of Deposit · Promotional |
| 12 months | $182.503.65% APY · Certificate of Deposit · Promotional | $365.003.65% APY · Certificate of Deposit · Promotional | $912.503.65% APY · Certificate of Deposit · Promotional | $1,825.003.65% APY · Certificate of Deposit · Promotional |
| 18 months | $228.413.02% APY · Certificate of Deposit · Promotional | $456.833.02% APY · Certificate of Deposit · Promotional | $1,142.073.02% APY · Certificate of Deposit · Promotional | $2,284.153.02% APY · Certificate of Deposit · Promotional |
| 24 months | $382.033.75% APY · Certificate of Deposit · Promotional | $764.063.75% APY · Certificate of Deposit · Promotional | $1,910.163.75% APY · Certificate of Deposit · Promotional | $3,820.313.75% APY · Certificate of Deposit · Promotional |
| 36 months | $591.933.80% APY · Certificate of Deposit · Promotional | $1,183.873.80% APY · Certificate of Deposit · Promotional | $2,959.673.80% APY · Certificate of Deposit · Promotional | $5,919.343.80% APY · Certificate of Deposit · Promotional |
| 48 months | $414.282.01% APY · Certificate of Deposit · Promotional | $828.572.01% APY · Certificate of Deposit · Promotional | $2,071.422.01% APY · Certificate of Deposit · Promotional | $4,142.842.01% APY · Certificate of Deposit · Promotional |
| 60 months | $523.112.01% APY · Certificate of Deposit · Promotional | $1,046.222.01% APY · Certificate of Deposit · Promotional | $2,615.552.01% APY · Certificate of Deposit · Promotional | $5,231.112.01% APY · Certificate of Deposit · Promotional |
How Bank Independent compares
Compare the displayed terms, minimums and quote locations. Membership, relationship and new-money conditions may apply. Institution quotes below use the exact 1095-day term. Regional peers quote a shared operating state; nationwide best is limited to our tracked sample.
This quote ranks 61 of 211 tracked institutions with fresh 1095-day quotes (ties share a rank). Each other institution contributes its highest APY for that exact term; minimums and eligibility can differ.
| Institution / benchmark | Term | Minimum | Quote coverage | APY | Verified / source date |
|---|---|---|---|---|---|
| Bank Independent (this institution)Certificate of Deposit · Promotional | 36 months | $1,000 | Coverage: AL | 3.80% | October 22, 2026 |
| Popular DirectCertificate of Deposit · Standard | 36 months | $10,000 | Nationwide; check eligibility | 4.85% | October 22, 2026 |
| E*TRADE (Morgan Stanley Private Bank)Bank CD · Standard | 36 months | Not stated | Nationwide; check eligibility | 4.80% | October 22, 2026 |
| Sallie Mae BankCertificate of Deposit (CD) · Standard | 36 months | $2,500 | Nationwide; check eligibility | 4.60% | October 22, 2026 |
| Quorum Federal Credit Union (highest tracked APY for this term)36-Month Term Account · Standard | 36 months | $100 | Coverage: NY | 4.90% | October 22, 2026 |
| Treasury (APY-equivalent) | 36 months (term-matched estimate) | Depends on purchase method | Federal; interest exempt from state income tax | 4.95% | 2026-10-21 |
Rate changes
See changes across all tracked institutions
No changes since we started tracking Bank Independent on October 22, 2026.
About Bank Independent
- Legal name
- Bank Independent
- Regulator ID
- FDIC 16604
- Headquarters
- Sheffield, AL
- Available in
- AL
- Total assets
- $2.9 billion
- Also known as
- Website
- www.bibank.com
Source: rates read from https://www.bibank.com/personal/certificates. See the page text we read.
Frequently asked questions
What is the highest CD rate at Bank Independent?
Among the rates we track, 3.80% APY on a 36-month promotional CD, as of October 22, 2026.
What is the minimum deposit for a Bank Independent CD?
The lowest minimum we found is $1,000.
How does Bank Independent's best CD rate compare with Treasury yields?
3.80% APY is −1.15% versus the 36-month Treasury yield of 4.95% (APY-equivalent) on 2026-10-21. Treasury interest is also exempt from state income tax.
Is 3.80% a good CD rate?
It is 2.7 times the FDIC national average for a similar term (1.39% as of 2026-10-19), which is a deposit-weighted average across all U.S. banks and credit unions. Online banks and promotional CDs often pay several times the national average.
Are Bank Independent CDs insured?
Bank Independent is an FDIC-insured bank (FDIC 16604). Deposits are insured up to $250,000 per depositor, per ownership category.
How often is this page updated?
We check Bank Independent's rate page every day. The rates above were last verified on October 22, 2026.
More bank CD rates
Rates are copied from Bank Independent's website and may change at any time. Confirm terms, minimums and eligibility with Bank Independent before opening an account. This page is not financial advice.