Mississippi CD Rates Today - Compare Best APYs for July 2026
Brian McKay
Brian McKay
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Current Mississippi CD rates include Gulf Coast Community Federal Credit UnionGulf Coast Community Federal Credit Union12364 Highway 49, Gulfport, MS 39503A5.0 ★Texas Ratio: 5.85%Real return: +2.20%APY minus CPI (February 2026) offering Youth Share Certificates 6 Months at 5.00% APY, Commercial Bank De Kalb, MSCommercial Bank De Kalb, MS175 Hopper Ave, De Kalb, MS 39328A+5.0 ★Texas Ratio: 2.86%Real return: +1.40%APY minus CPI (February 2026) offering 60 Months at 4.20% APY, UNIFY Financial Federal Credit UnionUNIFY Financial Federal Credit Union1200 Magnolia Way, Blue Springs, MS 38828B4.4 ★Texas Ratio: 17.71%Real return: +1.32%APY minus CPI (February 2026) offering 36-Month Variable IRA Certificate at 4.12% APY, Rivertrust Federal Credit UnionRivertrust Federal Credit Union409 Riverwind Dr, Pearl, MS 39208 5917A+5.0 ★Texas Ratio: 1.41%Real return: +1.26%APY minus CPI (February 2026) offering 60 Month Certificate at 4.06% APY, and Meridian Mississippi ANG Federal Credit UnionMeridian Mississippi ANG Federal Credit Union6225 M St Bldg 305, Meridian, MS 39307A+5.0 ★Texas Ratio: 2.75%Real return: +1.24%APY minus CPI (February 2026) offering Certificates Of Deposit 12 Month Term at 4.04% APY. CD rates as of July 12, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare CD rates across all terms in Mississippi side-by-side. Mississippi CD rates currently reach as high as 5.00% APY from Gulf Coast Community Federal Credit Union at 12364 Highway 49, Gulfport, MS 39503. Rates are continually updated — we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: July 12, 2026
Compare Best CD Rates in Mississippi
Mississippi 3 Month CD Rates
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 0.06%. Early withdrawal penalties may apply. Additional terms are available at a branch.
Mississippi 6 Month CD Rates
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 0.06%. Early withdrawal penalties may apply. Additional terms are available at a branch.
Mississippi 12 Month CD Rates
LIMITED TIME OFFER: EFFECTIVE 10/03/2025
APY is accurate as of 11/18/24. Promotional Annual Percentage Yields (APY) are available for new money only. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Special Rate
Minimum balance to earn APY: $100,000, $40,000, $100
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
Early withdrawal penalties may apply. Additional terms are available at a branch.
Relationship APY 1.51%
Relationship APY 1.51%. Early withdrawal penalties may apply. Additional terms are available at a branch.
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Mississippi 18 Month CD Rates
Minimum balance to earn APY: $100,000, $40,000, $100
Effortless earn on your savings.
APY is accurate as of 11/18/24. Promotional Annual Percentage Yields (APY) are available for new money only. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Mississippi 24 Month CD Rates
Minimum balance to earn APY: $100,000, $40,000, $100
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Mississippi 36 Month CD Rates
Minimum balance to earn APY: $100,000, $40,000, $100
Minimum balance to earn APY: $100,000, $40,000, $100
LIMITED TIME OFFER: EFFECTIVE 10/03/2025
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Mississippi 48 Month CD Rates
Minimum balance to earn APY: $100,000, $40,000, $100
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
APY = Annual Percentage Yield. Promotional Annual Percentage Yields (APY) are available for new money only. APY is accurate as of 2/8/23. Requires $1000 minimum balance to open. We reserve the right to end or modify these offers at any time. The dividend rate for your renewed term certificate will be determined at the maturity date. Early withdrawals are subject to penalties.
Mississippi 60 Month CD Rates
Minimum balance to earn APY: $100,000, $40,000, $100
Rates are effective as of 09/18/2025. Fees may reduce earnings on the account. Penalties for early withdrawal. All rates are subject to change without notice.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Mississippi CD Rate Trends
Compare local Mississippi CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Mississippi 12-month CD rates rose 0.422 points over the past 7 days to 2.210% APY.
Mississippi 6-month CD rates rose 0.430 points over the past 7 days to 1.506% APY.
MS CD Rate Forecast — Next 12 Months
Where are Mississippi CD rates headed through July 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
What Your Savings Earn at MS CD Rates Today
Annual interest earnings at today’s Mississippi average APYs. State average used where available; national average as fallback.
| CD Term | MS Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 0.384% | $19.22 | $38.43 | $96.08 | $192.15 |
| 6-Month CD | 1.506% | $75.30 | $150.60 | $376.50 | $753.00 |
| 12-Month CD | 2.210% | $110.50 | $221.00 | $552.50 | $1,105.00 |
| 18-Month CD | 2.059% | $102.94 | $205.88 | $514.70 | $1,029.40 |
| 24-Month CD | 1.614% | $80.72 | $161.43 | $403.58 | $807.15 |
| 36-Month CD | 1.644% | $82.20 | $164.39 | $410.98 | $821.95 |
| 48-Month CD | 1.505% | $75.27 | $150.53 | $376.33 | $752.65 |
| 60-Month CD | 1.987% | $99.36 | $198.72 | $496.80 | $993.60 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of July 12, 2026. | |||||
Sample CD Ladder for Mississippi Savers
$25,000 split equally across 5 terms using today’s Mississippi average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | MS Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 0.384% | $19.22 |
| 2 | 6-Month CD | $5,000 | 1.506% | $75.30 |
| 3 | 12-Month CD | $5,000 | 2.210% | $110.50 |
| 4 | 24-Month CD | $5,000 | 1.614% | $80.72 |
| 5 | 36-Month CD | $5,000 | 1.644% | $82.20 |
| Total ($25,000 invested) | $25,000 | 1.472% blended | $367.94/yr | |
Ladder example uses equal $5,000 rungs and Mississippi average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
Tracked in Mississippi
About Our Mississippi CD Rate Database
MonitorBankRates tracks 140 CD rates from 5 banks and 16 credit unions with locations in Mississippi, plus national online institutions available to Mississippi residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: Gulf Coast Community Federal Credit Union offers a CD at 5.00% APY with a minimum deposit of $0. Use the rate table above to compare all current offers in Mississippi.
How to Find the Best CD Rates in Mississippi
What to compare when shopping for a CD in Mississippi
To find the best APYs in Mississippi, start with credit unions and online-only banks — Mississippi has 16 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Mississippi
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Mississippi — 21 institutions here report CD rates
Consider an Alternative If…
- You may need funds within 30 days → Mississippi savings rates
- Rates are rising and you want to benefit → Variable-rate savings or MMA
- You want check-writing access → Mississippi money market rates
Mississippi Financial Snapshot
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024
17.2% of residents are 65 or older, in line with the national average of 17.3%. At today’s MS 12-month CD average of 2.210%, saving 10% of the local median salary ($3,735/year) and putting it in a CD would earn an additional $83 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Mississippi
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Mississippi
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Mississippi typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Mississippi as everywhere in the U.S.
Choosing a CD Term in Mississippi
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Mississippi savers easier access to their funds. For example, Gulf Coast Community Federal Credit Union is offering its Youth Share Certificates 6 Months at 5.00% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Commercial Bank De Kalb, MS is offering its 60 Months at 4.20% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Mississippi Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Mississippi saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Mississippi
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Mississippi CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Mississippi
Most CDs carry a fixed rate that is locked for the entire term, protecting a Mississippi depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Mississippi
Are CD rates in Mississippi FDIC insured?
Do I have to pay state taxes on CD interest in Mississippi?
Can I withdraw my money early from a CD?
What is the difference between a Jumbo CD and a regular CD?
Are fixed-rate CDs better than variable-rate CDs?
What is a CD ladder?
Best CD rates in Mississippi?
- Gulf Coast Community Federal Credit Union: 5.00% APY (Youth Share Certificates 6 Months)
- Commercial Bank De Kalb, MS: 4.20% APY (60 Months)
- UNIFY Financial Federal Credit Union: 4.12% APY (36-Month Variable IRA Certificate)
- Rivertrust Federal Credit Union: 4.06% APY (60 Month Certificate)
- Meridian Mississippi ANG Federal Credit Union: 4.04% APY (Certificates Of Deposit 12 Month Term)
- Ferguson Federal Credit Union: 3.92% APY (6 Months)
- Eagle Express Federal Credit Union: 3.82% APY (12 MONTH SPECIAL)
- Chevron Federal Credit Union: 3.75% APY (12-Month Share Certificate)
- Mutual Federal Credit Union: 3.75% APY (12 Month Certificate Special)
- The New Orleans Firemens Federal Credit Union: 3.75% APY (1-Year Certificate)
CD Calculators for Mississippi
At today’s MS top rate of 5.00% APY, a $10,000 deposit earns $500 in the first year. Enter your amount to see your exact return.
Mississippi CD LadderMS CD rates currently range from 0.384% (3-month) to 1.644% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Mississippi CD at 5.00% APY, know your exit cost. Most institutions charge 90–180 days of interest — calculate your real net return if you need early access.
CD vs. High-Yield SavingsMississippi’s average 12-month CD is 2.210% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Mississippi CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Mississippi directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Mississippi. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in MS.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
Cities in Mississippi
