Missouri, Arkansas Deal: 3.50% 5-Year CD

Southern Bank has one of the best 5-year CD rates around for savers in Missouri and Arkansas.

It’s paying 3.50% APY, which is two-tenths of a point higher than the best nationally available 60-month CD rates.

The minimum deposit is an affordable $500, although it carries a steeper than average penalty for early withdrawals — 12 months worth of interest.

You can buy this CD at one of Southern Bank’s 14 branches in southeast Missouri and northeast Arkansas, or online. But applications are only accepted from residents of Missouri and Arkansas.

Compare this return with the best CD rates from scores of other banks in our extensive database.

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