Do 7-, 11- and 13-month CDs pay more?
Compare non-benchmark CD terms with the nearest common maturity at the same institution, ZIP and observation day.
Do non-benchmark terms pay more than nearby common terms?
Among 309 independent institutions with matched quotes, the selected non-benchmark term paid more at 206, the same at 45 and less at 58. Its median APY difference versus the nearest common term was 30 bp.
Offers at terms such as 7, 11 and 13 months can sit between common maturities. We measure their observed APYs, without inferring why an institution set an offer or predicting renewal rates. A non-benchmark term is not necessarily promotional.
| Institution / location | Nearest common-term quote | Selected non-benchmark quote | APY difference |
|---|---|---|---|
| First County Bank (Connecticut)No ZIP price | 12 Month CD 12 months · minimum $1,000 0.15% · Oct 24, 2026 snapshot |
14 Month No Penalty CD 14 months · minimum $1,000 4.60% · Oct 24, 2026 snapshot | 445 bp |
| Hawaii State Federal Credit UnionNo ZIP price | Term Share 12 months · minimum $1,000 0.20% · Oct 24, 2026 snapshot |
Term Share 15 months · minimum $1,000 4.50% · Oct 24, 2026 snapshot | 430 bp |
| North Shore BankNo ZIP price | 1-year CD 12 months · minimum $1,000 0.15% · Oct 24, 2026 snapshot |
13-month CD 13 months · minimum $1,000 4.40% · Oct 24, 2026 snapshot | 425 bp |
| PNC BankZIP 15222 | PNC Fixed Rate CD 12 months · minimum $1,000 0.02% · Oct 23, 2026 snapshot |
Fixed Rate CD 13 months · minimum $1,000 4.25% · Oct 23, 2026 snapshot | 423 bp |
| UMB BankNo ZIP price | Standard rate, under $100,000 12 months · minimum $500 0.10% · Oct 24, 2026 snapshot |
Limited time special offer 15 months · minimum $500 4.25% · Oct 24, 2026 snapshot | 415 bp |
| Unity Bank (New Jersey)No ZIP price | 12-17 Month CD 12 months · minimum $1,000 0.15% · Oct 24, 2026 snapshot |
11 Month CD 11 months · minimum $1,000 4.30% · Oct 24, 2026 snapshot | 415 bp |
| Huntington BankZIP 43215 | Fixed Rate CD 12 months · minimum $10,000 0.25% · Oct 23, 2026 snapshot |
Fixed Rate CD 11 months · minimum $1,000 4.30% · Oct 23, 2026 snapshot | 405 bp |
| Community Choice Credit UnionNo ZIP price | 2-Year Certificate 24 months · minimum $500 0.30% · Oct 24, 2026 snapshot |
CD SPECIAL! 25-Month Certificate 25 months · minimum $500 4.30% · Oct 24, 2026 snapshot | 400 bp |
| Webster BankNo ZIP price | 12 Month 12 months · minimum $500 0.01% · Oct 24, 2026 snapshot |
11 Month 11 months · minimum $500 4.00% · Oct 24, 2026 snapshot | 399 bp |
| The Park BankNo ZIP price | 3-Year CD 36 months · minimum $500 0.30% · Oct 24, 2026 snapshot |
37-Month Special CD 37 months · minimum $5,000 4.25% · Oct 24, 2026 snapshot | 395 bp |
Definition and selection
Our common-term benchmark set is 1, 2, 3, 6, 9, 12, 18, 24, 36, 48 and 60 months. For this classification, a term qualifies when it is within three days of months × 365 / 12 (rounded), or equals months × 30. This includes common day-count variants such as 90-day and 180-day CDs. Other observed maturities are classified as non-benchmark terms; actual quoted terms remain in the table.
For each non-benchmark quote we choose the nearest common maturity at the same institution, ZIP and UTC verification day. Equidistant maturities use the shorter term, then the higher applicable APY. Each regulator contributes its highest eligible non-benchmark quote with a matched comparison; APY ties use the shorter term, then product, ZIP and institution slug alphabetically. This selection favors the best observed non-benchmark offer, not a typical product.
The two terms and products may differ. An APY gap is not an equal-duration dollar profit, and neither rate establishes what a future reinvestment will earn. The table reports quoted annualized yields before tax and penalties.
Compare interest at the actual terms · Understand promotional renewal scenarios · Read the dated October study
Sources, scope and methodology
All findings are generated from verified D1 records using fixed calculations and templates. No language model writes these findings. Stale and future-dated quotes are excluded, as are relationship-only quotes. A regulator ID counts once in each institution-level comparison. This tracked sample is not a deposit-weighted national average.
Index comparisons use the highest applicable $10,000 quote at each exact term per regulator. A median or P90 requires at least 30 independent institutions in its group. Fresh regional and promotional offers can be included; availability and membership conditions still apply. ZIP comparisons instead match a stated product, term and tier.
Routine re-verification does not change the financial-content modification date. Tables can change as rates, coverage or freshness change. Download index data and source snapshots · Download current rate quotes · Full methodology · Corrections
Cite APY Ledger, “Do 7-, 11- and 13-month CDs pay more?,” facts changed 2026-10-24, https://apyledger.com/guides/odd-term-cd-rates. Data: CC BY 4.0.