Bank · FDIC insured
Garrett State Bank CD Rates
Garrett State Bank’s best CD rate is 4.25% APY on a 3-year CD. Terms run from 3 months to 5 years. Rates checked October 17, 2026.
How Garrett State Bank’s CD rates compare
Compared with banks and credit unions near Auburn, IN, where Garrett State Bank has the most branches. $10,000, best rate first.
This bank’s best
Garrett State Bank
4.25%APY
- Term
- 36 months
- Minimum
- $2,500
- Earns on $10,000
- $1,330
Certificate of Deposit
Top rate
Flagstar Bank
4.30%APY
- Term
- 12 months
- Minimum
- $500
- Earns on $10,000
- $430
2nd-highest rate
Woodforest National Bank
4.25%APY
- Term
- 9 months
- Minimum
- $500
- Earns on $10,000
- $317
Garrett State Bank CD score
88
CD score
Higher than 82% of U.S. banks and credit unions
- 3–8 months3–8 mo4.00%
- 9–15 months9–15 mo3.75%
- 16–30 months16–30 mo4.00%
- 31–60 months31–60 mo4.00%
- QualifiedQualified4.00%
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 Garrett 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.
Certificate of Deposit
Up to 4.25%APY · 11 terms
Certificate terms from 91 days to 60 months. Fixed rates and rate bump options available. Early withdrawal penalty may apply.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months91 Day Regular. Early withdrawal penalty may be imposed | 0.60% | $15 |
| 6 months182 Day Regular. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit. Interest compounds at maturity | 3.25% | $161 |
| 8 months250 Day America's Birthday Special. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit | 4.00% | $272 |
| 9 months9 Month Freedom Choice. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit | 3.75% | $280 |
| 12 months12 Month Regular. Early withdrawal penalty may be imposed | 1.00% | $100 |
| 18 months18 Month - Special. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit | 3.50% | $530 |
| 24 months24 Month Advantage. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit. Allows for one increase (bump) in the rate during the term | 4.00% | $816 |
| 24 months24 Month Regular. Early withdrawal penalty may be imposed | 3.75% | $764 |
| 36 months36 Month Advantage. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit. Allows for two (2) changes (bumps) in the interest rate during the 36 month term | 4.25% | $1,330 |
| 36 months36 Month Regular. Early withdrawal penalty may be imposed | 4.00% | $1,249 |
| 48 months48 Month Regular. Early withdrawal penalty may be imposed | 2.85% | $1,190 |
| 50 months50 Month - Special. Early withdrawal penalty may be imposed. Must have Garrett State Bank deposit account with a direct deposit | 3.00% | $1,311 |
| 60 months60 Month Regular. Early withdrawal penalty may be imposed | 2.75% | $1,453 |
Special-purpose accounts
Individual Retirement Account (IRA) CD
Up to 4.25%APY · 7 terms
IRA Certificate of Deposit options. Early withdrawal penalty may apply.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 9 months9 Month IRA CD. Early withdrawal penalty may be imposed. Must have GSB checking | 3.25% | $243 |
| 12 months12 Month IRA CD. Early withdrawal penalty may be imposed | 1.10% | $110 |
| 18 months18 Month Variable Rate IRA CD. Early withdrawal penalty may be imposed. Variable rate product. Rates change monthly. Additional deposits of as little as $10 can be made during the term of this account | 2.25% | $339 |
| 24 months24 Month IRA CD. Early withdrawal penalty may be imposed | 4.00% | $816 |
| 36 months36 Month IRA CD. Early withdrawal penalty may be imposed | 4.25% | $1,330 |
| 48 months48 Month IRA CD. Early withdrawal penalty may be imposed | 2.85% | $1,190 |
| 60 months60 Months IRA CD. Early withdrawal penalty may be imposed | 2.75% | $1,453 |
Sources (2)
- garrettstatebank.com/Personal/…idual-Retirement-Account
- garrettstatebank.com/Personal/…ngs-CDs-IRAs/Rate-Center
All captured Oct 15, 2026
Opening an account
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