Citizens CD Rates (November 2026) & Calculator
Citizens pays up to 3.10% APY on a 14-month CD. Pick a term to see what your deposit earns, how it compares and what breaking it early would cost.
Citizens CD rates (Nov 5, 2026)
Every CD term Citizens lists on its website, with what $10,000 earns over the full term. Rates are for Boston, MA (ZIP 02108); Citizens prices CDs by location, so check yours on its site. These are relationship rates. Advertised 5-Month and 10-Month CD rates require the customer to have or upgrade to a Citizens Quest® Checking account or Citizens Private Client® Checking account, and funds must be new money not currently on deposit with Citizens.
| Term | Product | Minimum | APY | $10,000 earns |
|---|---|---|---|---|
| 5 months | 5-Month CDRelationship | $25,000 | 4.25% | $174.94 |
| 10 months | 10-Month CDRelationship | $25,000 | 4.40% | $365.34 |
| 14 months | 14-Month CDRelationship | $1,000 | 3.10% | $362.59 |
Special is a promotional rate. Relationship needs a linked account at Citizens. A dash means the same APY as the opening balance. The highlighted row is Citizens's top rate.
Source: Citizens CD rates. Rates change often; confirm before you open an account.
Citizens vs the national average
The FDIC national average is what banks and credit unions pay on average, weighted by deposits (Oct 19, 2026). The last column is the best rate among the 51 other banks we track for the same term.
| Term | Citizens | National avg | Best other bank |
|---|---|---|---|
| 5 months | – | 1.39% (6 mo) |  First Citizens 4.00% |
| 10 months | – | 1.76% (12 mo) |  American Express 4.50% |
| 14 months | 3.10% | 1.76% (12 mo) |  Synchrony 4.30% |
Citizens CD early withdrawal penalty
| Term | Penalty |
|---|---|
| Less than 1 year | a $50 fee plus the greater of 90 days of interest or 50% of the interest still to be earned |
| 1 year or longer | a $50 fee plus the greater of 180 days of interest or 50% of the interest still to be earned |
Example: $10,000 in a 14-month CD at 3.10%, withdrawn after 7 months, has earned $179.68. The penalty is $200.56, so you would get $9,979.12, $20.88 less than you put in.
The penalty can reach your principal if it is more than the interest earned. Official disclosure (checked 2026-11-06).
Taxes on Citizens CD interest
CD interest is taxable as ordinary income, federally and in most states. You owe tax in the year the interest is credited or accrues, even if it stays in the CD until maturity. Citizens sends Form 1099-INT when you earn $10 or more in a year. For example, the $362.59 that $10,000 earns over 14 months at 3.10% would cost about $80 in federal tax in the 22% bracket.
If you pay an early withdrawal penalty, it appears in box 2 of your 1099-INT and you can deduct it from your income, even if you don't itemize. CDs held in an IRA follow IRA tax rules instead. See IRS Publication 550.
How We Calculate & Keep This Accurate
Maturity value is your deposit grown at the APY for the term: A = P × (1 + APY)^(months ÷ 12). The APY for each term is the highest balance tier your deposit qualifies for. Early withdrawal penalties are charged as simple interest on the deposit at the CD's interest rate (the APY converted to its daily rate), following Citizens's published rule for that term.
Rates come from Citizens's own rate page. We use the APY Ledger dataset (CC BY 4.0) to spot rate changes, and we checked a sample of rates and the penalty rules against Citizens's website and disclosures. Results are estimates, not an offer from the bank.
Primary Sources
Data & Freshness
Figures reflect 2026 tax-year data.
Last updated November 5, 2026 · Maintained by the Financial Calculator editorial team.
Citizens CD FAQs
Quick answers about Citizens CD rates and penalties.
What are Citizens's CD rates today?
How much will $10,000 earn in a 14-month Citizens CD?
What is Citizens's CD early withdrawal penalty?
Are Citizens CDs insured?
How do Citizens's rates compare with the national average?
Compare CD rates at other banks
Best APY at each bank for a $10,000 deposit, checked Nov 5, 2026. Citizens's best is 3.10%.
Popular Direct1-year 4.60%Top rate5.00%5 yr
Sallie Mae1-year 4.50%Top rate5.00%5 yr
E*TRADE1-year 4.55%4.80%2 yr
Barclays1-year 4.50%4.75%2 yr- Synchrony1-year 4.30%4.75%5 yr
Ally1-year 4.50%4.50%1 yr- American Express1-year 3.75%4.50%10 mo
CIBC Agility1-year 4.50%4.50%1 yr
EverBank1-year 3.50%4.50%2 yr
Live Oak Bank1-year 4.50%4.50%1 yr
Associated Bank1-year 1.00%4.40%13 mo
Marcus1-year 4.40%4.40%1 yr
City National1-year 4.39%4.39%1 yr
Bask Bank1-year 4.35%4.35%1 yr
Atlantic UnionNo 1-year CD4.30%13 mo
Eastern BankNo 1-year CD4.30%18 mo
Flagstar1-year 4.30%4.30%1 yr
FNBNo 1-year CD4.30%13 mo
Huntington1-year 0.25%4.30%13 mo
TD Bank1-year 4.15%4.30%2 yr
BOK FinancialNo 1-year CD4.25%14 mo
Citi1-year 4.25%4.25%1 yr
Fulton Bank1-year 0.70%4.25%25 mo
PNC1-year 0.02%4.25%13 mo
UMB1-year 0.10%4.25%15 mo
Webster Bank1-year 0.02%4.25%11 mo · rel.
Wells Fargo1-year 1.51%4.25%11 mo · rel.
WSFS1-year 2.75%4.25%7 mo- Old NationalNo 1-year CD4.15%11 mo
Rockland Trust1-year 4.00%4.15%18 mo
M&T Bank1-year 3.00%4.10%18 mo · rel.
Navy Federal1-year 4.05%Credit union4.10%18 mo
Valley Bank1-year 3.50%4.10%6 mo
WaFd Bank1-year 3.00%4.10%13 mo- United Bank1-year 2.00%4.05%11 mo
Capital One1-year 4.00%4.00%1 yr
CIT Bank1-year 4.00%4.00%1 yr- First Citizens1-year 2.00%4.00%5 mo
- Customers BankNo 1-year CD3.85%3 mo
Fifth Third1-year 3.70%3.70%1 yr
Chase1-year 0.50%3.50%8 mo · rel.
PenFed1-year 3.20%Credit union3.50%5 yr
U.S. Bank1-year 3.40%3.50%9 mo
Western Alliance1-year 2.78%3.48%3 mo
Bank of Hawaii1-year 3.40%3.40%1 yr · rel.
First Hawaiian1-year 2.90%3.05%6 mo · rel.
Zions Bank1-year 3.05%3.05%3 mo
USAA1-year 1.80%2.25%7 mo
OceanFirst1-year 0.10%0.50%7 yr
First Horizon1-year 0.10%0.10%6 mo
TruistNo 1-year CD–
Green rates beat Citizens's best rate. “rel.” means the rate needs a linked account. Need a bank that isn't listed? Use the CD calculator with any APY.