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Best CD rates in Somerset, KY
Compare published certificate yields with their terms, opening minimums, requirements, collection dates and original sources.
Top CD rates
Showing 1–6 results in Somerset, KY
- 4.25%APY$317 over 9 months on $10,000
Requirements
Product: Dividends are earned daily and posted quarterly (with the exception of 6 month certificates, where dividends are posted at maturity). Rates offered can vary from week to week.
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More details - 4.04%APY$234 over 7 months on $10,000intro rate
Requirements
Product: Available online and at branch offices in Kentucky, as well as market areas in Tennessee, West Virginia, and Ohio. APY is accurate as of 05/01/2026 and applies to the initial term. Assumes interest is credited quarterly and remains on deposit until maturity. Automatically renews at maturity for the same term at the interest rate and APY in effect at that time. Substantial penalty for early withdrawal.
Offer: Minimum balance to open and obtain APY is $1,000. Interest is credited quarterly and remains on deposit until maturity. Automatically renews for the same term at maturity. Substantial penalty for early withdrawal.
Promotional rate · Effective May 1, 2026
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More details - 3.85%APY$127 over 4 months on $10,000
- 3.76%APY$376 over 1 year on $10,000
Requirements
Product: $1,000 minimum deposit to open. Terms range from three (3) months to sixty (60) months. Simple interest calculation, computed using the Daily Balance. No additional deposits may be made after opening. Early withdrawal penalties apply. Must maintain a minimum balance of $1,000.00 on a daily basis to earn the APY.
Offer: Must maintain a minimum balance of $1,000.00 on a daily basis to earn the APY. Early withdrawal penalty of 12 months' interest applies (12+ Months).
3.70% interest rate · Effective Oct 16, 2026
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More details - 3.55%APY$146 over 5 months on $10,000intro rate
Requirements
Offer: Minimum balance to obtain APY is $1,000. A penalty will be imposed for early withdrawal after the initial 10 calendar day grace period. Fees may reduce earnings. Daily balance method is used to calculate interest. Forcht Bank reserves the right to end the promotional rate at any time without notice.
Promotional rate · 3.49% interest rate · Effective Dec 24, 2025
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More details - 0.25%APY$25 over 1 year on $10,000
Requirements
Product: Available in 1 year term. Dividends are earned daily and posted quarterly. Allows deposits to the certificate whenever desired, during the term. Great for establishing good savings habits.
Offer: Allows deposits to the certificate whenever desired during the term.
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Carrot Score rates each institution on all its CD, savings, auto loan and credit card rates, not just the account shown. How we rank
What CDs pay in Somerset, KY
23 CDs at 5 banks and credit unions · checked Oct 22
- Typical
- 3.25%
- Top 10% from
- 3.97%
- Banks, typical
- 2.53%
- Credit unions, typical
- 3.25%
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Somerset, KY metro
Top Carrot institutions
Ranked across their CDs, savings, auto loans and credit cards. How scores work
- L&N Federal Credit UnionCredit union · 1 branch