Certificates of Deposit (CD)
If you can spare access to your cash for at least a few months, our Certificates of Deposit (CDs) could be an effective way to earn interest at rates higher than normal savings accounts. Most CDs require a $500 minimum deposit* and are available as both personal and business accounts. You choose a term ranging from three months to six years, and a fixed or variable interest rate†, then sit back and let your money go to work for you.
| APYs for Certificates of Deposit (CDs) and Individual Retirement Arrangements (IRAs) *,‡ | Less than $20,000 | $20,000 to $99,999.99 | $100,000 to $249,999.99 | $250,000 to $499,999.99 | $500,000 to $999,999.99 | $1 million and above |
|---|---|---|---|---|---|---|
| 3 Month CD | 0.20% | 0.25% | 0.30% | 0.40% | 0.55% | 0.70% |
| 6 Month CD | 0.60% | 0.70% | 0.85% | 1.00% | 1.15% | 1.30% |
| 12 Month CD/IRA | 0.85% | 0.95% | 1.10% | 1.25% | 1.45% | 1.60% |
| 12 Month Flex CD | 0.75% | 0.85% | 1.00% | 1.15% | 1.35% | 1.50% |
| 18 Month CD | 0.95% | 1.05% | 1.20% | 1.35% | 1.55% | 1.70% |
| 18 Month Variable IRA†, § | 0.40% | 0.45% | 0.50% | 0.55% | 0.60% | 1.00% |
| 24 Month CD/IRA | 1.20% | 1.30% | 1.35% | 1.45% | 1.60% | 1.80% |
| 36 Month CD | 1.25% | 1.35% | 1.40% | 1.55% | 1.70% | 2.00% |
| 48 Month CD | 1.30% | 1.40% | 1.45% | 1.60% | 1.75% | 2.00% |
| 60 Month CD/IRA | 1.35% | 1.45% | 1.55% | 1.75% | 1.85% | 2.25% |
| 72 Month CD/IRA | 1.35% | 1.45% | 1.55% | 1.75% | 1.85% | 2.25% |
Annual Percentage Yields (APYs) are effective as of 1/2/2020, and are subject to change without notice.
* All CDs except for the 18 Month Variable IRA, which has a $10 minimum opening deposit, have a minimum opening deposit of $500.
† For variable-rate products, the interest rate and APY may change after account is opened.
‡ Fees may reduce the earnings on an account. A penalty may be imposed for early withdrawal of certificates.
§ You may make unlimited deposits to this account until maturity.