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Earn up to 5.65% APY.
The Federal Savings Bank CD Summary
The Federal Savings Bank is headquartered in CHICAGO and is the 56th largest bank in the state of Illinois. It is also the 1,113th largest bank in the nation. It was established in 2000 and as of March of 2023, it had grown to 1,170 employees at 2 locations. The Federal Savings Bank’s CD rates are 6X the national average, and it has a B health rating.
- Minimum deposit: $5,000
- Maximum deposit: None
- Early withdrawal penalty: All certificates are subject to an early withdrawal penalty.
(FDIC Insured)
The Federal Savings Bank CD Rates
Term | APY Rate | Minimum Deposit |
12 Month CD | 5.65% | $5,000 |
18 Month CD | 5.55% | $5,000 |
2 Year CD | 5.25% | $5,000 |
3 Year CD | 5.17% | $5,000 |
5 Year CD | 5.12% | $5,000 |
Conclusion
Overall, when you open a new account with The Federal Savings Bank, you’ll earn their great rate! Plus, there are several perks that you’ll benefit from as well. However, if you don’t find this offer appealing, check out our other CD Rates below.
Finally, 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.