OMB Bank 3-Month CD
OMB Bank pays a 4.05% APY on its 3-month CD, held at OMB Bank (Member FDIC), which we confirmed is an active FDIC member. The rate comes from NerdWallet, our verified data partner — a top short-term CD rate for money you can lock away briefly.
Is the OMB Bank 3-Month CD worth it?
The OMB Bank 3-Month CD pays a 4.05% APY on a 3-month term. We source this rate from NerdWallet, our verified data partner with direct provider relationships — so it carries our ◆ Partner data label rather than a rate we fetched from the bank ourselves.
The CD is held at OMB Bank. We confirmed with the FDIC that it is an active insured institution — certificate #8252 in Springfield, Missouri. Deposits are covered up to $250,000 per depositor, per ownership category.
A CD locks in a fixed rate for the term; redeeming early triggers a penalty. The quoted APY can change before you fund the account, so confirm the current rate on the provider’s own site. This is not financial advice.
How does a certificate of deposit (CD) work?
A certificate of deposit locks your money for a fixed term in exchange for a fixed rate. You agree not to touch the funds until maturity; withdrawing early usually triggers a penalty of several months' interest. When the term ends, many CDs auto-renew unless you move the money.
How much could you earn with the OMB Bank 3-Month CD?
At a 4.05% APY, a $10,000 balance in the OMB Bank 3-Month CD earns about $405 in interest over a year, before taxes. Double the balance and you roughly double the interest; your real return depends on how long the rate holds.
Illustrative estimate based on the figures on this page, not an offer. Your results will differ.
What are the pros and cons of the OMB Bank 3-Month CD?
The OMB Bank 3-Month CD stands out for 4.05% APY on a 3-month term, sourced from our data partner, though rate is partner-supplied — not fetched from the provider ourselves.
- 4.05% APY on a 3-month term, sourced from our data partner
- Short term means your money isn't locked away for long
- Held at OMB Bank, an FDIC member we confirmed with the regulator
- Rate is partner-supplied — not fetched from the provider ourselves
- Early-withdrawal penalty applies if you redeem before maturity
- Short-term CD rates can fall when the CD matures and you reinvest
Who should get the OMB Bank 3-Month CD?
The OMB Bank 3-Month CD is best for savers who want a short lock-up at a strong rate.
- Savers who want a short lock-up at a strong rate
- Anyone building a CD ladder with a 3-month rung
- Risk-averse savers who want a fixed return
How does the OMB Bank 3-Month CD compare?
Among the 9 certificates of deposit (cds) we track, the OMB Bank 3-Month CD ranks #9 with a money8020 score of 81/100.
| Product | Score | Tier | Provider |
|---|---|---|---|
| Bread Savings CD | 99 | Essential | Bread Savings (Comenity Capital Bank) |
| Marcus by Goldman Sachs High-Yield CD | 99 | Essential | Marcus by Goldman Sachs |
| Capital One 360 1-Year CD | 94 | Essential | Capital One |
| Sallie Mae 18-Month CD | 93 | Essential | Sallie Mae Bank |
| E*TRADE Certificate of Deposit | 92 | Essential | Morgan Stanley Private Bank, N.A. |
See all certificates of deposit (cds), ranked →
Common mistakes to avoid with a certificate of deposit (CD)
- Locking up money you might need before maturity and eating an early-withdrawal penalty.
- Letting the CD auto-renew into a lower rate instead of shopping at maturity.
- Picking the longest term for a slightly higher rate when a shorter ladder gives more flexibility.
- Ignoring the minimum deposit required to open the term you want.
Key takeaways
- OMB Bank 3-Month CD earns a money8020 score of 81/100, ranking #9 of 9 certificates of deposit (cds).
- 4.05% APY on a 3-month term, sourced from our data partner
- At a 4.05% APY, a $10,000 balance in the OMB Bank 3-Month CD earns about $405 in interest over a year, before taxes.
- Best for savers who want a short lock-up at a strong rate.
- Rate and terms sourced from our verified data partner, NerdWallet.
Frequently asked questions about the OMB Bank 3-Month CD
What is the rate on the OMB Bank 3-Month CD?
Per NerdWallet, our data partner, it pays a 4.05% APY on a 3-month term. CD APYs are fixed once you fund the account, but the offered rate can change before you open — confirm on OMB Bank's site. This is not financial advice.
Is the OMB Bank 3-Month CD FDIC insured?
Yes. Funds are held at OMB Bank, which we confirmed with the FDIC is an active insured institution (certificate #8252, Springfield, Missouri). Deposits are insured up to $250,000 per depositor, per ownership category.
What happens if I withdraw from the OMB Bank 3-Month CD early?
Most CDs charge an early-withdrawal penalty — commonly several months' interest — if you take the money out before maturity. Only commit funds you won't need during the term.
Does the OMB Bank 3-Month CD renew automatically?
Many CDs auto-renew at maturity into a new term at the then-current rate unless you withdraw or change it during a short grace period. Confirm the renewal terms with the provider.
Sources
We sourced these figures from our verified data partner and independently confirmed the provider’s regulator status, last checked May 30, 2026. Primary sources: