Florida CD rates › By county › Miami-Dade County › South Miami
✓ 3 institutions with branches in South Miami · 114 you can open · verified 2026-10-01
South Miami is in Miami-Dade County. Banks and online banks are open to anyone; credit unions appear only when their charter covers the county or they are open to all. Rates move; the date above is when we last read each sheet.
| Term | Best local APY | Institution | Minimum | Who can open |
|---|---|---|---|---|
| 3 mo | 2.50% | First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | $500 | Anyone |
| 6 mo | 2.25% | First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | $500 | Anyone |
| 9 mo | 2.30% | BankUnited, National Association Bank · branch in South Miami · 50 FL branches | $1k | Anyone |
| 1 yr | 2.45% | BankUnited, National Association Bank · branch in South Miami · 50 FL branches | $1k | Anyone |
| 18 mo | 0.02% | First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | $500 | Anyone |
| 2 yr | 0.05% | First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | $500 | Anyone |
| 3 yr | 0.05% | First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | $500 | Anyone |
| 4 yr | 0.15% | First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | $500 | Anyone |
3 mo 4.10% Beal Bank USA · 6 mo 4.40% Quorum Federal Credit Union · 9 mo 4.40% OMB Bank · 1 yr 4.50% Quorum Federal Credit Union · 18 mo 4.65% Raymond James Bank · 2 yr 4.70% Raymond James Bank · 3 yr 4.85% Raymond James Bank · 4 yr 4.95% Raymond James Bank · 5 yr 5.00% Raymond James Bank
Statewide leaders, the same on every city page — banks and online banks take anyone, and these credit unions are open to all. Membership conditions are on each institution's page.
| Institution | Best standard CD | Who can open |
|---|---|---|
| United Community Bank Bank · branch in South Miami · 22 FL branches | 3.80% 8 mo · $2.5k min | Anyone |
| First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | 2.50% 3 mo · $500 min | Anyone |
| BankUnited, National Association Bank · branch in South Miami · 50 FL branches | 2.45% 1 yr · $1k min | Anyone |
Also with branches in South Miami, but not posting CD rates on their websites (ask in the branch): Grove Bank & Trust.
| Institution | APY | Term | Minimum | The catch |
|---|---|---|---|---|
| First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | 4.00% promo | 5 mo | $5k (cap $250k) | Online Promotional CD - 5 month — Max $250k · Online promotional CD; new money; must be funded from external sources; not available for IRA/trusts/businesses |
| BankUnited, National Association Bank · branch in South Miami · 50 FL branches | 3.95% promo | 1 yr | $1k (cap $250k) | CD (Promotional Rate) — Max $250k · Promotional rate; also shown as headline 12-month CD |
| BankUnited, National Association Bank · branch in South Miami · 50 FL branches | 3.80% promo | 9 mo | $1k (cap $250k) | CD (Promotional Rate) — Max $250k · Promotional rate; online accounts |
| First-Citizens Bank & Trust Company Bank · branch in South Miami · 27 FL branches | 3.75% promo | 11 mo | $5k (cap $250k) | Online Promotional CD - 11 month — Max $250k · Online promotional CD; new money; must be funded from external sources; not available for IRA/trusts/businesses |
| BankUnited, National Association Bank · branch in South Miami · 50 FL branches | 3.75% promo | 6 mo | $1k (cap $250k) | CD (Promotional Rate) — Max $250k · Promotional rate; online accounts |
Miami-Dade County · Aventura · Coral Gables · Cutler Bay · Doral · Hialeah · Hialeah Gardens · Homestead · Key Biscayne · Miami · Miami Beach · Miami Gardens · Miami Lakes · Miami Shores · Miami Springs · North Miami · North Miami Beach
Best Florida CD rates by term: 3 mo 6 mo 9 mo 1 yr 18 mo 2 yr 3 yr 4 yr 5 yr · by county · by city · all institutions