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||4.89%||5.00%||$500.00|
|12 Month CD||4.17%||4.25%||$500.00|
|15 Month CD||2.81%||2.85%||$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 6/3/2023.
How much could our rates earn you?
The Benefits of a Bank5 Connect CD
Your deposits are 100% insured, even for amounts over the FDIC limit of $250,000.
Earn interest on balances as low as $500.
No Monthly Fees
Keep what you make without monthly maintenance charges.
Deposit additional funds throughout your term with our special 24-Month Investment CD.
Questions? Browse our FAQs to learn more