Bank · FDIC insured
Paramount Bank CD Rates
Paramount Bank’s best CD rate is 5.00% APY on an 11-month CD. Terms run from 6 months to 5 years. Rates checked October 17, 2026.
How Paramount Bank’s CD rates compare
Compared with banks and credit unions nationwide. $10,000, best rate first.
This bank’s best
Paramount Bank
5.00%APY
- Term
- 11 months
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000
- $457
Certificate of Deposit
Top rate
SouthPoint Financial Credit Union
9.00%APY
- Term
- 9 months
- Requires
- None
- Minimum
- —
- Earns on $10,000
- $668
2nd-highest rate
802 Credit Union
8.02%APY
- Term
- 5 months
- Requires
- Another account
- Minimum
- $500
- Earns on $10,000
- $327
Paramount Bank CD score
80
CD score
Higher than 52% of U.S. banks and credit unions
- 3–8 months3–8 mo1.20%
- 9–15 months9–15 mo5.00%
- 16–30 months16–30 mo2.25%
- 31–60 months31–60 mo2.55%
- QualifiedQualified5.00%
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 Paramount 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 5.00%APY · 8 terms
No monthly maintenance fees. No minimum balance required to earn the APY. Early withdrawal penalties may apply. Must fund account within 30 days of opening.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 1.20% | $60 |
| 11 monthsEligible for St. Louis Metropolitan customers. Online & In-Branch CD Offer | 5.00% | $457 |
| 12 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY). The special rate applies to new money only. Funds currently on deposit with Paramount Bank may not be eligible for this special rate | 4.50% | $450 |
| 18 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 1.80% | $271 |
| 24 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 2.25% | $455 |
| 36 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 2.50% | $769 |
| 48 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 2.55% | $1,060 |
| 60 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 1.70% | $879 |
Sources (4)
- paramountbank.com
- paramountbank.com/certificates-of-deposit
- paramountbank.com/banking-rates
- paramountbank.com/cd-faq
All captured Oct 17, 2026
Special-purpose accounts
IRA Certificate of Deposit
Up to 4.00%APY · 7 terms
Early withdrawal penalties may apply. Must fund account within 30 days of opening.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 1.20% | $60 |
| 12 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 4.00% | $400 |
| 18 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 1.80% | $271 |
| 24 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 2.25% | $455 |
| 36 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 2.50% | $769 |
| 48 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 2.55% | $1,060 |
| 60 monthsQuarterly Post or Interest Checks; interest checks will reduce Annual Percentage Yield (APY) | 1.70% | $879 |
Sources (1)
- paramountbank.com/banking-rates · captured Oct 17, 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.