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||
|4 Month CD/IRA - Special||
|6 Month CD/IRA||3.43%||3.53%|
|7 Month CD/IRA - Special||4.54%||4.54%|
|9 Month CD/IRA||3.16%||3.26%|
|12 Month CD/IRA||2.90%||3.00%|
|13 Month CD/IRA - Bump-up**||4.01%||4.01%|
|18 Month CD/IRA||2.56%||2.66%|
|24 Month CD/IRA||2.40%||2.50%|
|36 Month CD/IRA||2.25%||2.35%|
|48 Month CD/IRA||2.15%||2.25%|
|60 Month CD/IRA||2.05%||2.15%|
|Savings IRA §||0.10%||0.10%|
Annual Percentage Yields (APYs) are effective as of 7/26/23, 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.