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 |
0.115%
|
0.15% |
| 6 Month CD/IRA | 0.145% | 0.20% |
| 9 Month CD/IRA | 0.20% | 0.25% |
| 12 Month CD/IRA | 0.25% | 0.30% |
| 24 Month CD/IRA | 0.35% | 0.40% |
| 36 Month CD/IRA | 0.40% | 0.45% |
| 48 Month CD/IRA | 0.45% | 0.50% |
| 60 Month CD/IRA | 0.50% | 0.55% |
| Savings IRA § | 0.10% | 0.10% |
Annual Percentage Yields (APYs) are effective as of 2/4/2021, 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.
† 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.