State-Investors Bank Offers Two Competitive Rate, Long Term CDs



Residents of Louisiana

State-Investors Bank, (Louisiana) has two competitive rate, long-term CDs: 120-month CD (2.65% APY) and 96-month CD (2.50% APY). The rates on these two CDs has remained constant for many months. The minimum opening deposit is $1K, with no balance cap.

As stated on State-Investors Bank’s CD Rate page, the Early Withdrawal Penalty for both CDs is 12 months interest.


State-Investors Bank is headquartered in Metairie, and offers its services and product lines to all residents of Louisiana. Opening an account at State-Investors Bank requires an in-person visit to any of four branches, located in Harahan, Mandeville, Metairie, and New Orleans. The Bank's online banking platform offers account management and bill paying features.

To expedite opening an account, State-Investors Bank recommends the New Account Personal Worksheet be filled out prior to the branch visit.

Bank Overview

State-Investors Bank has an overall health rating of "A" at, with a Texas Ratio of 2.54% (excellent), as of September 30, 2014. State-Investors Bank has an excellent capitalization level of 14.76%, a result of holding $266.77 Million in assets, with $39.67 Million in equity. Please refer to our financial overview of State-Investors Bank for more details.

State-Investors Bank (FDIC Certificate # 27626) has a solid 120 year history, having been established in September 1894.

State-Investors Bank has always been a strong institution; we conquered The Great Depression and never closed our doors a single day!

On December 31, 2014, it was reported that First NBC Bank Holding Company is buying State-Investors Bank, paying approximately $51 Million to the stockholders of State Investors Bancorp Inc. Currently, First NBC Bank is the 2nd largest bank in Louisiana, with 33 branch locations.

How the CDs Compare

When compared to similar CDs tracked by, requiring a similar minimum deposit and available to residents of Louisiana, State-Investors Bank’s 120-month and 96-month CD are quite competitive:

The above rates are accurate as of 1/26/2015.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.