Despite the national average for 48-month CDs dropping to just 1.26% APY, a handful of banks and credit unions are still offering highly competitive rates. Some of these reach up to 4.4% APY, making them attractive options for savers.

As inflation continues to rise, financial experts warn that these high CD rates may not last much longer. With the Federal Reserve unlikely to make major changes soon, downward pressure on CD yields is expected in the coming months.

That’s why locking in a high APY now, especially on a longer-term CD like a 4-year certificate, can help protect your savings from future rate drops. However, it's important to understand eligibility, deposit minimums, and any restrictions before opening an account.

NASA Federal Credit Union – 4.40% APY

NASA FCU offers one of the highest returns with a 49-month share certificate at 4.40% APY. A $10,000 minimum deposit is required. Eligibility includes NASA employees, their families, or members of the National Space Society, which anyone can join easily online.

Lewis Clark Credit Union – 4.39% APY

Offering 4.39% APY on both regular and IRA certificates, Lewis Clark Credit Union requires you to live, work, or study in specific counties in Idaho or Washington. It’s among the highest available CD rates this month with local restrictions.

Citizens Bank & Trust – 4.35% APY

With a low $500 minimum deposit and no special membership required, Citizens Bank & Trust’s 4-year CD offers 4.35% APY. Although its branches are located in Kentucky, anyone can apply for the CD online, making it widely accessible.

Credit Union of Atlanta – 4.35% APY

The Credit Union of Atlanta also provides a 4.35% APY on its 48-month share and IRA certificates. The minimum deposit is only $500, but membership is limited to qualifying residents and employees in the Atlanta area.

Tulare Federal Credit Union – 4.34% APY

Tulare FCU offers a 4.34% APY with just a $1,000 deposit on 4-year certificates. However, membership is limited to those living, working, or studying in Tulare County, California, or having a qualifying family member in the credit union.

Lafayette Federal Credit Union – 4.33% APY

Lafayette FCU offers a 4.28% APY on standard accounts and up to 4.33% APY on jumbo accounts with $100,000 or more. Membership includes certain employers, residents in D.C.-area states, or joining a partner organization. A checking and savings account is also required.

Knoxville TVA Employees Credit Union – 4.25% APY

This Tennessee-based credit union offers 4.25% APY for a 48-month certificate. Just $500 is needed to start, and larger deposits above $10,000 get an added 0.10% APY. Eligibility is limited to specific counties and family ties.

EagleBank – 4.20% APY

With no membership limits and a $1,000 minimum, EagleBank’s 4-year CD offers 4.20% APY. Daily compounding boosts the interest even more. Though branches are in the D.C. region, online access makes this option available nationally.

Raymond James Bank – 4.15% APY

Raymond James offers a simple and competitive 4.15% APY on a 48-month CD with a $1,000 deposit. This account is available online, even if you are not a Raymond James brokerage customer.

Popular Direct – 4.15% APY

Popular Bank also provides a 4.15% APY with a $10,000 deposit minimum. The account is open to everyone and comes without specific regional or membership restrictions, making it a flexible high-yielding option.

Most Accessible High-APY CDs for July 2025

For savers who don’t meet the eligibility requirements for credit unions, a few banks are offering strong 4-year CD rates with low barriers to entry. These options have deposit minimums of $1,000 or less and fewer restrictions.

KS StateBank – 4.10% APY

KS StateBank offers a 4.10% APY on a 4-year CD with only a $500 deposit. While physical branches are in Kansas, the account can be opened online, making it available to savers across the U.S.

First Internet Bank – 3.97% APY

This online-only bank offers a 48-month CD at 3.97% APY. With just a $1,000 deposit required and no membership hurdles, it remains one of the most competitive and user-friendly long-term CD options this month.

First National Bank of America – 3.91% APY

First National Bank of America offers a 3.91% APY for a 4-year CD with a $1,000 minimum. The account can be opened fully online, but large balances above $1 million require direct rate confirmation.

With rates potentially dropping later in the year, these high-yielding 4-year CDs provide a strong opportunity for those looking to grow their savings securely. Make sure to review all account terms before investing to avoid early withdrawal penalties or eligibility surprises.