What are the interest rates on a Bank5 Connect CD?
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Bank5 Connect CDs have six terms, each with its own annual percentage yield (APY):
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* 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 .
** 21-Month CD Special - Promotional offer may be withdrawn at any time. Up to $250,000 per customer may be deposited for promotional rate. $500 minimum deposit needed to open account and obtain the APY. Tier 1 - An interest rate of 2.374% will be paid on the entire portion of your daily balance that is less than $250,000.01, if your balance is $500.00 or more. The APY for this tier is 2.40%. Tier 2 - An interest rate of 0.000% will be paid only for that portion of your daily balance that is $250,000.01 or more. The APY for this tier will range from 2.40% to 0.00%, depending on the balance in the account. Rate may change at end of term. Fees may reduce earnings. APY accurate as of .