Bank · FDIC insured
Shoreham Bank CD Rates
Top CarrotShoreham Bank’s best CD rate is 4.25% APY on a 9-month CD. Terms run from 3 months to 5 years. Rates checked October 22, 2026.
How Shoreham Bank’s CD rates compare
Compared with banks and credit unions near Providence, RI-MA, where Shoreham Bank has the most branches. $10,000, best rate first.
This bank’s best
Shoreham Bank
4.25%APY
- Term
- 9 months
- Minimum
- $1,000
- Earns on $10,000
- $317
CD Accounts
Top rate
Rhode Island Credit Union
4.80%APY
- Term
- 8 months
- Minimum
- $500
- Earns on $10,000
- $317
2nd-highest rate
Arise Financial
4.75%APY
- Term
- 36 months
- Minimum
- $500
- Earns on $10,000
- $1,494
Shoreham Bank CD score
87
CD score
Higher than 79% of U.S. banks and credit unions
- 3–8 months3–8 mo3.90%
- 9–15 months9–15 mo4.25%
- 16–30 months16–30 mo2.75%
- 31–60 months31–60 mo3.50%
- QualifiedQualified4.25%
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 Shoreham 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.
CD Accounts
Up to 4.25%APY · 7 terms
Available in-branch. Penalty for early withdrawal. Fees could reduce earnings. $1,000 minimum daily balance required during each monthly cycle period to earn interest/APY.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months | 3.90% | $96 |
| 9 monthsAt maturity, automatically renews for a 1-year term with a 10 calendar days grace period | 4.25% | $317 |
| 12 months | 2.00% | $200 |
| 24 months | 2.75% | $558 |
| 36 months | 3.00% | $927 |
| 48 months | 3.25% | $1,365 |
| 60 months | 3.50% | $1,877 |
Sources (2)
All captured Sep 16, 2026
Online CD Accounts
Up to 3.50%APY · 5 terms
Available only online. Penalty for early withdrawal. Fees could reduce earnings. $1,000 minimum daily balance required during each monthly cycle period to earn interest/APY.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 2.00% | $200 |
| 24 months | 2.75% | $558 |
| 36 months | 3.00% | $927 |
| 48 months | 3.25% | $1,365 |
| 60 months | 3.50% | $1,877 |
Sources (2)
All captured Sep 16, 2026
Special-purpose accounts
IRA Accounts
Up to 3.50%APY · 5 terms
Available in-branch. Automatically renews at maturity with a 10 calendar days grace period. Early withdrawal penalty applies prior to maturity if under age 59 1/2; no penalty for Required Minimum Distributions (RMD). Fees could reduce earnings. $1,000 minimum balance to earn APY.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 months | 2.00% | $200 |
| 24 months | 2.75% | $558 |
| 36 months | 3.00% | $927 |
| 48 months | 3.25% | $1,365 |
| 60 months | 3.50% | $1,877 |
Sources (2)
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.