Find the latest CD Bank CD Rates, Offers, and Promotions here.
Some of the best CD Bank Rates such as 2.35% APY 6-Month CD.
CD Bank CD Summary
CD Bank is an online division of TBK Bank, SSB. They value creating growth and guarantee returns for this members to hit their savings goals.
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
- Availability: Nationwide (Online Only)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $100,000
- Additional Requirements: None
- Early Withdrawal Fee: Early withdrawal penalties may apply to certificates.
- Auto-Renewal: Not specified
(FDIC Insured)
Term | APY Rate | Minimum Deposit |
3 Month | 2.00% | $100,000 |
6 Month | 1.95% | $100,000 |
9 Month | 1.95% | $100,000 |
12 Month | 1.90% | $100,000 |
18 Month | 1.90% | $100,000 |
24 Month | 1.90% | $100,000 |
36 Month | 1.80% | $100,000 |
48 Month | 1.80% | $100,000 |
60 Month | 1.80% | $100,000 |
CD Bank CD Account Features
- Minimum opening deposit requirement of $10,000
- Flexible CD Terms up to 5 years
- Low-risk Investment
- Interest is compounded daily and credited monthly
- Federal Deposit Insurance Corporation (FDIC) Insured up to the maximum allowed by state
Conclusion
CD Bank focuses their products towards Certificate of Deposit Products, and although they do not offer top rates across every term, the current noteworthy term will be the 2.35% APY Rate for a 6-Month CD. However, with a $10,000 minimum opening deposit requirement to get the necessary APY, it’s hard to say whether this account will be for everyone or not. Nonetheless, still the lowest-risk investment product to ever surface with decent returns.
Remember that your deposits will be FDIC Insured up to the maximum allowed by state. Also, there will be a penalty if you withdraw prior to maturity. Be sure to also see our complete list of the Best CD Rates for all your banking needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.