If you are a resident of Washington D.C., Maryland, or Virginia, and currently looking for great savings rates, then make sure you keep reading. Congressional Bank has wide array of products to meet your individual needs. They are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met. They currently offer standard CD rates from 12-months to 60-months with 2.55% to 3.10% APY Rates on balances of $25K or more. By joining Congressional Bank, you get to enjoy earning higher rate of interest than regular savings account.
Congressional Bank CD Summary:
- Apply Now
- Account Type: CD account
- APY Rates:
- 2.55% APY for 12-Month CD
- 2.80% APY for 24-Month CD
- 3.10% APY for 60-Month CD
- Availability: DC, MD, VA (Bank Locator)
- Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
- Minimum Balance Requirement: $25,000
- Additional Requirements: None listed
- Early Withdrawal Fee: A penalty may be imposed, not specified
- Auto-Renewal: None listed, check with CSR
Congressional Bank Best CD Rates:
Overall, Congressional Bank ranked high across the board from our statewide Best 1-Year CD Rates list. So if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.
Congressional Bank CD Account Features:
- Different terms
- Earns higher rate of interest than regular savings account
- Interest compounds
- Fixed rate of interest
- FDIC insured
Conclusion:
If you are interested in a short term or long term CD, look no further as Congressional Bank offers you increased standard CD rates that go from 12-months to 60-months with 2.55% to 3.10% APY Rates on balances of $25K or more. Remember, these rates are ranked highly on our Best CDs list. So if you are interested and live near a branch, be sure to open your new CD account today! However if you are not interested or looking for more options, be sure to browse our complete list of the Best National CD Rates for all your savings 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.
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