High-Yield Certificates of Deposit
Offering competitive rates, guaranteed returns and 100% deposit insurance regardless of your balance, our High-Yield CDs are a safe and secure investment from a trusted online bank. And, with our special 24-Month Investment CD, you can add funds throughout your CD’s term to maximize your savings.
Today’s Rates for Bank5 Connect CDs
| Term | Interest Rate | APY* | Minimum Deposit |
|---|---|---|---|
| 6 Month CD | 4.94% | 5.05% | $500.00 |
| 12 Month CD | 4.17% | 4.25% | $500.00 |
| 15 Month CD | 4.17% | 4.25% | $500.00 |
| 18 Month CD | 3.15% | 3.20% | $500.00 |
| 21 Month CD | 3.15% | 3.20% | $500.00 |
| 24 Month Investment CD | 3.25% | 3.30% | $500.00 |
| 36 Month CD | 0.85% | 0.85% | $500.00 |
*APY – Annual percentage yield. $500.00 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 4/18/2024.
How much could our rates earn you?
The Benefits of a Bank5 Connect CD
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Unlimited Protection
Your deposits are 100% insured, even for amounts over the FDIC limit of $250,000.
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Low Minimums
Earn interest on balances as low as $500.
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No Monthly Fees
Keep what you make without monthly maintenance charges.
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Flexibility
Deposit additional funds throughout your term with our special 24-Month Investment CD.
Questions? Browse our FAQs to learn more