Valley Bank CD Rates and Terms for 2025
Written by
Sarah Sharkey
Edited by
Elizabeth Constantineau
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The right certificate of deposit (CD) can help you lock in a great interest rate and allow you to grow your funds. If you want to use a CD to help you build a brighter financial future, Valley National Bank might be a good fit.
Current Valley Bank CD Rates: September 2025
Here are the current Valley Bank CD rates and terms:
| CD Term | APY |
|---|---|
| 3 months | |
| 6 months | |
| 12 months | |
| 18 months | |
| 24 months | |
| 36 months | |
| 48 months |
Beyond rates and terms, Valley Bank CDs come with a few conditions worth noting.
Valley Bank CD Details
- Minimum balance requirements: You’ll need to make a deposit of at least $500 to open a CD with Valley Bank.
- Grace period: You’ll have 10 days to withdraw your funds without a penalty after maturity. Otherwise, the funds will be locked into a new CD.
- Early withdrawal penalty: If you need to access your funds before the maturity date, you’ll face fees.
Advantages and Disadvantages of Valley Bank CDs
Like with any financial account, there are pros and cons to CDs. Here’s a rundown of both sides.
Pros
- Fixed interest rates will stay the same for the duration of the CD term.
- Savers can open an account with just $500.
- A range of CD terms are on offer.
Cons
- There are penalties if you touch your funds before the CD matures.
- If interest rates go up during the CD term, you may miss out on higher returns elsewhere.
How Much Can You Earn With a Valley Bank CD?
Curious about the returns? Here’s how much interest you could earn with Valley Bank CD rates based on different deposit amounts and term lengths.
| Deposit Amount | Term | APY | Estimated Interest Earned |
|---|---|---|---|
| $1,000 | 6 months | $20.78 | |
| $5,000 | 1 year | $187.50 | |
| $10,000 | 2 years | $681.22 | |
| $20,000 | 4 years | $2,685.52 |
How To Open a Valley Bank CD Account
If you want to move forward with a Valley Bank CD, you can complete the entire process online. Or you can head to a local branch if you live in New Jersey, New York, Florida, Alabama or Beverly Hills, California.
Whether you apply online or in person, be prepared to provide some basic information. This includes the following:
- Name
- Social Security number
- Address
- Contact information
- Funding account details
You can open the CD with cash if you head to a physical branch.
How Valley Bank CD Rates Compare to Other Banks
Overall, Valley Bank CD rates are competitive. Although these rates are generally attractive, that doesn’t mean you won’t be able to find better rates somewhere else. That’s especially true if you are willing to work with an online bank.
Here’s a quick look at other CD options:
| Bank | 6-Month CD APY | 12-Month CD APY |
|---|---|---|
| Valley Bank | ||
| Ally Bank | ||
| First Internet Bank |
Comparing rates is important, but also consider other features like account options, fees and customer service to find the best overall fit for your financial needs.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $15
$0
$0 to $10
APY
APY
APY
Up to
Min Opening
Min Opening
Min Opening
$25 to $100
$0
$25 to $100
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$4, waivable
$0
No monthly service fee
APY
APY
APY
Min Opening
Min Opening
Min Opening
$100
$0
$25
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
Early withdrawal penalties may apply
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$500
$0
$1,000
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $25, waivable
$0
$5
APY
APY
APY
Up to
Min Opening
Min Opening
Min Opening
$0
$0
$100
Is a Valley Bank CD Right for You?
If you’re still unsure about opening a CD with Valley Bank, here’s who this option may be ideal for — and who might want to keep shopping.
Ideal For
- Individuals who want a fixed rate without worrying about market changes
- People who have at least $500 to set aside for a specific time period
- Anyone who prefers working with a regional bank that also offers in-person service
Not Ideal For
- Individuals who want the highest APY available, especially from online banks
- People who need flexible access to their funds
Final Takeaway
A CD can be a smart step to grow your savings with minimal risk. CDs are especially useful for long-term goals — like a future car purchase or a home down payment — where you can afford to lock in your money for a set period.
Before opening your CD, take time to map out when you plan to use the funds and select a CD term that aligns with that goal. If you aren’t sure when you’ll need the funds, it might be better to stick the money into a flexible high-yield savings account.
Valley Bank CDs: FAQ
Have questions about how Valley Bank CDs work? These quick answers can help you decide if their options are right for you.- What is the minimum deposit for a Valley Bank CD?
- You'll need at least $500 to open a Valley Bank CD account.
- Can I open a CD online?
- Yes, Valley Bank CDs can be opened online or in person.
- What happens if I withdraw funds before the CD term ends?
- If you withdraw some of your money early, you'll be charged an early withdrawal penalty.
- Are Valley Bank CD rates competitive in 2025?
- Valley Bank CD rates are competitive. However, online banks may offer higher rates, so it's worth comparing before locking in.
Elizabeth Constantineau contributed to the reporting for this article.
Data is accurate as of Sept. 2, 2025, and is subject to change.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
