Bank · FDIC insured
Open Bank CD Rates
Open Bank’s best CD rate is 3.75% APY on a 1-year CD. Terms run from 1 month to 18 months. Rates checked October 16, 2026.
How Open Bank’s CD rates compare
Compared with banks and credit unions near Los Angeles, CA, where Open Bank has the most branches. $10,000, best rate first.
This bank’s best
Open Bank
3.75%APY
- Term
- 12 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- —
Certificate of Deposit
Top rate
Schools Federal Credit Union
5.90%APY
- Term
- 12 months
- Requires
- Another account
- Minimum
- $5,000
- Earns on $10,000
- $590
2nd-highest rate
LA Healthcare FCU
4.86%APY
- Term
- 12 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $486
Open Bank CD score
73
CD score
Higher than 33% of U.S. banks and credit unions
- 3–8 months3–8 mo3.50%
- 9–15 months9–15 mo3.75%
- 16–30 months16–30 mo3.00%
- QualifiedQualified3.75%
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 Open 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 3.75%APY · 7 terms
Available for consumer and business accounts. Rates and APYs are fixed for the initial term and depend on the balance tier and maturity term selected. Simple interest is earned for terms of 365 days or less (366 days in a leap year); interest compounds annually for terms longer than 365 days unless paid out. Early withdrawal penalties apply.
| Term | APY · $1,000 – $250,000 | APY · Over $250,000 | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 1–0 monthsTerm: 7 Days - 29 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 1.51% | —1.51% from $250k | — |
| 1–0 monthsTerm: 7 Days - 29 Days. Must maintain minimum opening balance daily to earn stated APY | 1.00% | — | 1.00% | $2 |
| 1–2 monthsTerm: 30 Days - 89 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 2.02% | —2.02% from $250k | — |
| 1–2 monthsTerm: 30 Days - 89 Days. Must maintain minimum opening balance daily to earn stated APY | 2.02% | — | 2.02% | $17 |
| 3–5 monthsTerm: 90 Days - 179 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 3.02% | —3.02% from $250k | — |
| 3–5 monthsTerm: 90 Days - 179 Days. Must maintain minimum opening balance daily to earn stated APY | 3.02% | — | 3.02% | $75 |
| 6–11 monthsTerm: 180 Days - 364 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 3.50% | —3.50% from $250k | — |
| 6–11 monthsTerm: 180 Days - 364 Days. Must maintain minimum opening balance daily to earn stated APY | 3.50% | — | 3.50% | $171 |
| 12 monthsTerm: 365 Days - 395 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 3.75% | —3.75% from $250k | — |
| 12 monthsTerm: 365 Days - 395 Days. Must maintain minimum opening balance daily to earn stated APY | 3.75% | — | 3.75% | $375 |
| 14 monthsTerm: 396 Days - 456 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 3.25% | —3.25% from $250k | — |
| 14 monthsTerm: 396 Days - 456 Days. Must maintain minimum opening balance daily to earn stated APY | 3.25% | — | 3.25% | $353 |
| 19–23 monthsTerm: 548 Days - 729 Days. Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 3.00% | —3.00% from $250k | — |
| 19–23 monthsTerm: 548 Days - 729 Days. Must maintain minimum opening balance daily to earn stated APY | 3.00% | — | 3.00% | $454 |
Sources (3)
- myopenbank.com/certificate-of-…t-agreements-disclosures
- myopenbank.com/deposit-interest-rates
- myopenbank.com/deposits
All captured Sep 16, 2026
Special-purpose accounts
IRA Certificate of Deposit
3.75%APY · 1 term
Available to consumers only as a 365-day (leap year 366 days) Certificate of Deposit. Traditional and Roth IRAs are available wrappers. Additional deposits are allowed except during the last 7 days before maturity. Accrued interest is added to principal annually and at maturity unless chosen for RMD. Partial principal withdrawal and premature closing allowed without bank penalty at age 59 1/2 or older (interval between withdrawals must exceed 6 days).
| Term | APY · $1,000 – $250,000 | APY · Over $250,000 | APY | Earns on $10,000Earns |
|---|---|---|---|---|
| 12 monthsTerm: 365 Days (366 days in leap year). Balance Tier: Over $250,000. Must maintain minimum opening balance daily to earn stated APY | — | 3.75% | —3.75% from $250k | — |
| 12 monthsTerm: 365 Days (366 days in leap year). Must maintain minimum opening balance daily to earn stated APY | 3.75% | — | 3.75% | $375 |
Sources (3)
- myopenbank.com/certificate-of-…t-agreements-disclosures
- myopenbank.com/deposit-interest-rates
- myopenbank.com/deposits
All captured Sep 16, 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.