Certificates of Deposit
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.
| CD/IRA Type | APYs for Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) *,‡ | APYs for Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) with Balances Over $100,000 |
|---|---|---|
| 3 Month CD/IRA |
0.15%
|
0.20% |
| 4 Month CD/IRA - Special |
5.08%
|
5.08% |
| 6 Month CD/IRA | 0.30% | 0.35% |
| 7 Month CD/IRA - Special | 4.29% | 4.29% |
| 9 Month CD/IRA | 0.35% | 0.40% |
| 12 Month CD/IRA | 0.50% | 0.55% |
| 13 Month CD/IRA - Bump-up** | 3.75% | 3.75% |
| 18 Month CD/IRA | 0.61% | 0.65% |
| 24 Month CD/IRA | 0.71% | 0.75% |
| 36 Month CD/IRA | 0.76% | 0.81% |
| 48 Month CD/IRA | 0.81% | 0.91% |
| 60 Month CD/IRA | 1.00% | 1.10% |
| Savings IRA § | 0.10% | 0.10% |
Annual Percentage Yields (APYs) are effective as of 3/9/23, and are subject to change without notice.
* All fixed rate CDs have a minimum opening deposit of $500. Savings IRA has a minimum opening deposit of $50.
**Bump-up CD allows the opportunity for a one-time rate increase during the 13-month CD term.
† The Savings IRA 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 a Savings IRA account.