Bank · FDIC insured
Cherokee State Bank CD Rates
Cherokee State Bank’s best CD rate is 4.05% APY on a 1-year CD. Terms run from 3 months to 5 years. Rates checked October 16, 2026.
How Cherokee State Bank’s CD rates compare
Compared with banks and credit unions in Iowa, where Cherokee State Bank has the most branches. $10,000, best rate first.
This bank’s best
Cherokee State Bank
4.05%APY
- Term
- 12 months
- Minimum
- —
- Earns on $10,000
- $405
CDs (Certificates of Deposit)
Top rate
First Federal Credit Union.
7.30%APY
- Term
- 3 months
- Minimum
- $5,000
- Earns on $10,000
- $198
2nd-highest rate
Nicolet National Bank
4.75%APY
- Term
- 60 months
- Minimum
- $2,500
- Earns on $10,000
- $2,612
Cherokee State Bank CD score
85
CD score
Higher than 69% of U.S. banks and credit unions
- 3–8 months3–8 mo2.25%
- 9–15 months9–15 mo4.05%
- 16–30 months16–30 mo4.05%
- 31–60 months31–60 mo2.25%
- QualifiedQualified4.05%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Cherokee State Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
CDs (Certificates of Deposit)
Up to 4.05%APY · 8 terms
No maintenance fees. FDIC insured fixed rates. Penalties apply for early withdrawal. Minimum balances vary based on term. Renews automatically at interest rate in effect at time of maturity, with 10 days to redeem before locked in. Promotional CDs excluded from standard renewal terms.
| Term | APY · $1,000 and up | APY · $1,000 – $25,000 | APY · $10,000 and up | APY · $25,000 – $50,000 | APY · $50,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|---|---|
| 3 months | 2.25% | — | — | — | — | 2.25% | $56 |
| 6 months | 2.25% | — | — | — | — | 2.25% | $112 |
| 12 months12 month special. After maturity, rolls into the 12-month term earning rate in effect at that time. Not valid with any other promotional offers | — | — | 4.05% | — | — | 4.05% | $405 |
| 18 months18 month special. After maturity, rolls into the 18-month term earning rate in effect at that time. Not valid with any other promotional offers | — | — | 4.05% | — | — | 4.05% | $614 |
| 24 months24 month special. After maturity, rolls into the 24-month term earning rate in effect at that time. Not valid with any other promotional offers | — | — | 4.05% | — | — | 4.05% | $826 |
| 36 months | — | 2.25% | — | 2.50% | 3.15% | 2.25%2.50% $25k–$50k3.15% from $50k | $690 |
| 48 months | — | 2.25% | — | 2.50% | 3.25% | 2.25%2.50% $25k–$50k3.25% from $50k | $931 |
| 60 months | — | 2.25% | — | 2.50% | 3.35% | 2.25%2.50% $25k–$50k3.35% from $50k | $1,177 |
Sources (2)
- cherokeestatebank.com/personal/banking/savings · captured Sep 18, 2026
- cherokeestatebank.com/uploads/…D%20Rates%2008-03-26.pdf · captured Oct 8, 2026
Special-purpose accounts
Individual Retirement Account (IRA) Certificate of Deposit
Up to 4.05%APY · 8 terms
Individual Retirement Account CD. Penalties apply for early withdrawal. Rates and APYs subject to change daily. APY assumes principal and interest remain on deposit for the entire term.
| Term | APY · $1,000 and up | APY · $1,000 – $25,000 | APY · $10,000 and up | APY · $25,000 – $50,000 | APY · $50,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|---|---|
| 3 months | 2.25% | — | — | — | — | 2.25% | $56 |
| 6 months | 2.25% | — | — | — | — | 2.25% | $112 |
| 12 months12 month special. After maturity, rolls into the 12-month term earning rate in effect at that time. Not valid with any other promotional offers | — | — | 4.05% | — | — | 4.05% | $405 |
| 18 months18 month special. After maturity, rolls into the 18-month term earning rate in effect at that time. Not valid with any other promotional offers | — | — | 4.05% | — | — | 4.05% | $614 |
| 24 months24 month special. After maturity, rolls into the 24-month term earning rate in effect at that time. Not valid with any other promotional offers | — | — | 4.05% | — | — | 4.05% | $826 |
| 36 months | — | 2.25% | — | 2.50% | 3.15% | 2.25%2.50% $25k–$50k3.15% from $50k | $690 |
| 48 months | — | 2.25% | — | 2.50% | 3.25% | 2.25%2.50% $25k–$50k3.25% from $50k | $931 |
| 60 months | — | 2.25% | — | 2.50% | 3.35% | 2.25%2.50% $25k–$50k3.35% from $50k | $1,177 |
Sources (1)
- cherokeestatebank.com/uploads/…D%20Rates%2008-03-26.pdf · captured Oct 8, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.