Bank · FDIC insured
Planters Bank CD Rates
Planters Bank’s best CD rate is 2.02% APY on a 1-year CD. Terms run from 1 month to 5 years. Rates checked October 22, 2026.
How Planters Bank’s CD rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where Planters Bank has the most branches. $10,000, best rate first.
This bank’s best
Planters Bank
2.02%APY
- Term
- 1 month
- Requires
- None
- Minimum
- $500
- Earns on $10,000
- $17
Time Deposits Maturing < 1 Year
Top rate
Paragon Bank
4.39%APY
- Term
- 13 months
- Requires
- Another account
- Minimum
- $1,000
- Earns on $10,000
- $476
2nd-highest rate
UT Federal Credit Union
4.25%APY
- Term
- 7 months
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000
- $246
Planters Bank CD score
63
CD score
Higher than 9% of U.S. banks and credit unions
- 3–8 months3–8 mo2.02%
- 9–15 months9–15 mo2.02%
- 16–30 months16–30 mo2.02%
- 31–60 months31–60 mo2.01%
- QualifiedQualified2.02%
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 Planters 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.
Time Deposits 1 - 5 Year Maturities
Up to 2.02%APY · 5 terms
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 2.02% | $202 |
| 24 months | 2.02% | $408 |
| 36 months | 2.01% | $615 |
| 48 months | 1.86% | $765 |
| 60 months | 1.61% | $831 |
Sources (1)
- open.planters-bank.com/products · captured Sep 19, 2026
Time Deposits Maturing < 1 Year
Up to 2.02%APY · 4 terms
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 1 month | 2.02% | $17 |
| 2 months | 2.02% | $33 |
| 3 months | 2.02% | $50 |
| 6 months | 2.01% | $100 |
Sources (1)
- open.planters-bank.com/products · captured Sep 19, 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.