Do you want to invest for the short term without much risk? CD rates in Mobile, AL, have been low, but many large national banks and online institutions are posting yields well above the national average to attract depositors. As a low-risk investment, a 6-month CD can be a choice for the careful investor in Alabama.
CD rates often yield more than interest-bearing savings accounts. It's critical to shop around thoroughly when looking for CD rates in Mobile, AL. Bankrate.com can help you locate the best CD rates across the nation.
CD rates in Mobile, Alabama
Here are the 6-month CD rates as of 2 p.m. on Friday in Mobile, AL.
| Institution | APY | Min Deposit |
| Ally | 1% | $0 |
| BBVA Compass | 0.4% | $500 |
| RBC Bank | 0.3% | $1,000 |
| Regions Bank | 0.05% | $500 |
| Bank Trust, Mobile | 0.6% | $500 |
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