Bank5 Connect High-Yield Certificates of Deposit (CDs)
- Only a $500 minimum deposit
- There are no monthly maintenance fees associated with Bank5 Connect CDs
- Connect CDs have terms of 6, 12, 18, 21, 24, and 36 months
- Investment CD has a term of 24 months
- All Bank5 Connect CDs are FDIC Insured for up to $250,000
- All Bank5 Connect CDs are also DIF Insured for over $250,000
- Once the CD matures, you have the opportunity to deposit additional funds and roll it over into a new term
- Free External Funds Transfers - Bank5 Connect will not charge a fee for you to move money between your Bank5 Connect accounts and accounts at other financial institutions (Standard processing is free. Expedited processing may incur additional charges).
* APY – Annual percentage yield. Promotional rate may be withdrawn at any time. $500 minimum deposit needed to open the account and obtain the APY. Penalty for early withdrawal. Rate may change at end of term. Fees may reduce earnings. APY accurate as of .