Bank5 Connect Investment CD Can Be the Ultimate Investment Bundle
With most CDs, you invest a certain amount at the beginning of the term, and that’s it. You can’t add any funds to it.
But with a Bank5 Connect Investment CD, you can transfer funds into your CD anytime you like from an outside checking account or by simply mailing a check. Or you can combine it with a Bank5 Connect Checking account to create the ultimate investment bundle! With a great rate on your Investment CD, imagine how much you’ll be able to save over the 24-month term.
How much can you earn with our Investment CDs? Use the calculator below to find out!
Open an Investment CD account with as little as $500. And just like our Connect CDs, Investment CDs are FDIC Insured for up to $250,000 and DIF Insured for over $250,000, meaning 100% of deposits are insured in full! Knowing you’ve got that kind of coverage lets you invest with confidence.
Investment CDs are statement only, which means no passbooks (for anyone out there who remembers what a passbook is). And we do our very best to keep our fees low, but we want to be upfront about them -- there's an early withdrawal penalty on an Investment CD of 6 months of interest.
* APY – Annual percentage yield. $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 .
What are CDs? How are they used?
What types of CDs are available from Bank5 Connect?