In this guide, we’ll compare the best fixed annuity rates with the best CD rates in Colorado.
Best 2 Year CD Rates and Fixed Annuity Rates – Local
Rate Type | Company | Rate (APY) | Minimum |
---|---|---|---|
2-Year CD Rate | Partner Colorado Credit Union | 0.45% | $500.00 |
2-Year Fixed Annuity Rate | Oceanview | 2.70% | $20,000.00 |
Best 3 Year CD Rates and Fixed Annuity Rates – Local
Rate Type | Company | Rate (APY) | Minimum |
---|---|---|---|
3-Year CD Rate | Credit Union of Denver | 0.75% | $1,000.00 |
3-Year Fixed Annuity Rate | Canvas Future Fund | 4.30% | $2,500.00 |
Best 5 Year CD Rates and Fixed Annuity Rates – Local
Rate Type | Company | Rate (APY) | Minimum |
---|---|---|---|
5-Year CD Rate | Credit Union of Denver | 1.00% | $1,000.00 |
5-Year Fixed Annuity Rate | Canvas Future Fund | 4.30% | $2,500.00 |
Top Fixed Annuity Rates
Company | Term | Rate | Withdrawals |
---|---|---|---|
Oceanview | 2 Years | 2.85% | 10% Allowed Annually |
Canvas | 3 Years | 4.30% | 10% Allowed Annually |
Canvas | 5 Years | 4.30% | 10% Allowed Annually |
Canvas | 7 Years | 4.30% | 10% Allowed Annually |
Popular Bank Rate Searches
Certificates of Deposit vs. Fixed Annuity
The Top Fixed Annuities
Fixed annuities offer a guaranteed return for a set amount of years, similar to a CD. Guaranteed crediting rates for the terms below:
- 2-YEAR TERM: 3.50%
- 3-YEAR TERM: 4.30%
- 4-YEAR TERM: 4.15%
- 5-YEAR TERM: 4.30%
- 6-YEAR TERM: 4.30%
- 7-YEAR TERM: 4.50%
- Grow your money as fast as possible
- Principal protection
- The interest rate is locked for the term you select
- Tax-deferred growth
- Withdraw annually without penalty
- Lump-sum death benefits
- Accepts cash, 401(k), and IRA Funds
What’s The Difference Between a Fixed Annuity and a CD?
Feature | Fixed Annuity | CD |
---|---|---|
Who Offers | Insurance Company | Banks |
Premium Amounts | $2,500 to $1 Million | $500 – No Maximum |
Terms | 2 Years to 20 Years | 3 Months to 7 Years |
Guaranteed Interest Rates | Up to 4.50% | Up to 2.50% |
Triple Compounding | Yes | No |
Principal Protection | Yes | Yes |
Can Lose Money? | No | No |
Liquid After Term | 100% | 100% |
How Are Gains Taxed? | Tax-Deferred | Taxed Annually |
Annual Liquidity | Up to 10% Annually | No Liquidity |
Who Protects My Money? | Insurance Company/SGA | FDIC |
Accepts IRA | Yes | No |
Accepts 401(k) | Yes | No |
Death Benefit | Lump-Sum | Lump-Sum |
Are Annuities FDIC Insured?
Fixed annuities are not FDIC insured but have similar protections for your money. An annuity is an insurance policy guaranteed by the insurance company’s claims-paying ability. The insurance companies are members of the state insurance guarantee associations in each state where they do business. Each state insurance guarantee association protects consumers in the unlikely event the insurance company fails and defaults on their obligations to their consumers (limits vary per state).
For example, Georgia insures up to $250,000 of the annuity’s cash value per insured life if the insurance company becomes insolvent and can not fulfill its obligations to the insured.
Best CD Rates in Colorado
3 Month CD Rates
The following banks and credit unions have the highest CD rates for 3 months.
Best 3-Month CD Rates | Rate | Term | Minimum |
---|---|---|---|
Spectrum Federal Credit Union | 0.75% APY | 3 Months | $500.00 |
Navy Federal Credit Union | 0.40% APY | 3 Months | $1,000.00 |
Chevron Federal Credit Union | 0.75% APY | 3 Months | $500.00 |
Popular Direct | 0.50% APY | 3 Months | $10,000.00 |
Bethpage Federal Credit Union | 0.40% APY | 3 Months | $50.00 |
SchoolsFirst Federal Credit Union | 0.40% APY | 3 Months | $20,000.00 |
Consumers Credit Union | 0.35% APY | 3 Months | $250.00 |
Synchrony Bank | 0.50% APY | 3 Months | $0 |
Luana Savings Bank | 0.80% APY | 3 Months | |
TotalDirect Bank | 0.65% APY | 3 Months | $25,000.00 |
TIAA Bank | 0.35% APY | 3 Months | $1,000.00 |
6 Month CD Rates
Best 6-Month CD Rates | Rate | Term | Minimum |
---|---|---|---|
CommunityWide FCU | 1.00% APY | 6 Months | $1.000.00 |
Limelight Bank | 1.25% APY | 6 Months | $1,000.00 |
Live Oak Bank | 1.10% APY | 6 Months | $2,500.00 |
BMO Harris | 1.10% APY | 6 Months | $1,000.00 |
Quontic Bank | 1.26% APY | 6 Months | $500.00 |
Merrick Bank | 1.35% APY | 6 Months | $25,000.00 |
PenFed Credit Union | 0.75% APY | 6 Months | $1,000.00 |
NASA Federal Credit Union | 1.60% APY | 6 Months | $10,000.00 |
TAB Bank | 1.55% APY | 6 Months | $1,000.00 |
Synchrony Bank | 0.75% APY | 6 Months | $0.01 |
Consumers Credit Union | 0.50% APY | 6 Months | $250.00 |
1 Year CD Rates
The following banks and credit unions have the highest CD rates for 12 months.
Best 12-Month CD Rates | Rate | Term | Minimum |
---|---|---|---|
CommunityWide FCU | 1.25% APY | 12 Months | $1,000.00 |
Limelight Bank | 1.80% APY | 12 Months | $1,000.00 |
Bread Savings | 2.00% APY | 12 Months | $1,500.00 |
Popular Direct | 1.85% APY | 12 Months | $10,000.00 |
Connexus Credit Union | 2.26% APY | 12 Months | $5,000.00 |
State Bank of Texas | 2.10% APY | 12 Months | $25,000.00 |
Quontic Bank | 2.01% APY | 12 Months | $500.00 |
First National Bank of America | 1.76% APY | 12 Months | $1,000.00 |
PenFed Credit Union | 1.75% APY | 12 Months | $1,000.00 |
Capital One | 1.50% APY | 12 Months | $0 |
Marcus by Goldman Sachs | 1.40% APY | 12 Months | $500.00 |
Discover | 1.50% APY | 12 Months | $2,500.00 |
Sallie Mae Bank | 1.30% APY | 12 Months | $2,500.00 |
Bethpage Federal Credit Union | 1.30% APY | 12 Months | $50.00 |
2 Year CD Rates
The following banks and credit unions have the highest CD rates for 24 months.
Best 2-Year CD Rates | Rate | Term | Minimum |
---|---|---|---|
Popular Direct | 2.30% APY | 24 Months | $10,000.00 |
Bread Savings | 2.50% APY | 24 Months | $1,500.00 |
Pentagon Federal Credit Union | 2.30% APY | 24 Months | $1,000.00 |
Connexus Credit Union | 2.86% APY | 24 Months | $5,000.00 |
Merrick Bank | 2.65% APY | 24 Months | $25,000.00 |
Quontic Bank | 2.51% APY | 24 Months | $500.00 |
Synchrony Bank | 1.90% APY | 24 Months | $0.01.00 |
First National Bank of America | 2.25% APY | 24 Months | $1,000.00 |
CommunityWide FCU | 1.70% APY | 24 Months | $1,000.00 |
3 Year CD Rates
The following banks and credit unions have the highest CD rates for 3 years.
Best 3-Year CD Rates | Rate | Term | Minimum |
---|---|---|---|
Popular Direct | 2.75% APY | 36 Months | $10,000.00 |
Quontic Bank | 2.81% APY | 36 Months | $500.00 |
Bread Savings | 2.75% APY | 36 Months | $1,500.00 |
Pentagon Federal Credit Union | 2.60% APY | 36 Months | $1,000.00 |
USAlliance Financial Credit Union | 3.25% APY | 36 Months | $500.00 |
Connexus Credit Union | 3.01% APY | 36 Months | $5,000.00 |
Merrick Bank | 2.85% APY | 36 Months | $25,000.00 |
Synchrony Bank | 2.30% APY | 36 Months | $0.01% |
First National Bank of America | 2.35% APY | 36 Months | $1,000.00 |
Capital One | 2.30% APY | 36 Months | $0 |
Marcus by Goldman Sachs | 2.30% APY | 36 Months | $500.00 |
Discover | 2.20% APY | 36 Months | $2,500.00 |
Bank5 Connect | 0.85% APY | 36 Months | $500.00 |
4 Year CD Rates
The following banks and credit unions have the highest CD rates for 4 years.
Best 4-Year CD Rates | Rate | Term | Minimum |
---|---|---|---|
Connexus Credit Union | 3.11% APY | 48 Months | $5,000.00 |
Merrick Bank | 2.90% APY | 48 Months | $25,000.00 |
BMO Harris | 2.55% APY | 48 Months | $1,000.00 |
MYSB Direct | 2.80% APY | 48 Months | $500,00 |
Popular Direct | 2.80% APY | 48 Months | $10,000.00 |
Bread Savings | 2.80% APY | 48 Months | $1,500.00 |
PenFed Credit Union | 2.60% APY | 48 Months | $1,000.00 |
Synchrony Bank | 2.30% APY | 48 Months | $0.01 |
First National Bank of America | 2.55% APY | 48 Months | $1,000.00 |
CommunityWide FCU | 1.90% APY | 48 Months | $1,000.00 |
5 Year CD Rates
The following banks and credit unions have the highest CD rates for 5 years.
Best 5-Year CD Rates | Rate | Term | Minimum |
---|---|---|---|
Bread Savings | 2.85% APY | 60 Months | $1,500.00 |
Alliant Credit Union | 2.80% APY | 60 Months | $1,00.00 |
Connexus Credit Union | 3.21% APY | 60 Months | $5,000.00 |
Popular Direct | 2.85% APY | 60 Months | $10,000.00 |
Merrick Bank | 3.00% APY | 60 Months | $25,000.00 |
Quontic Bank | 2.85% APY | 60 Months | $500.00 |
PenFed Credit Union | 2.85% APY | 60 Months | $1,000.00 |
First National Bank of America | 2.80% APY | 60 Months | $1,000.00 |
Capital One | 2.60% APY | 60 Months | $0 |
Marcus by Goldman Sachs | 2.60% APY | 60 Months | $500.00 |
Discover | 2.75% APY | 60 Months | 2.75% |
Best Fixed Annuity Rates in Colorado
For More Rates, check out our National CD and Annuity Rate Guide.
Find CD Rates and Fixed Annuity Rates By State
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