Certificates of Deposit are one of the safest and most convenient ways to invest. To open a CD bank account, get in touch with Kearny Bank today. The general rule is that the FDIC insures each person's accounts at a financial institution up to $250,000. So if you have bank accounts or CDs at a particular bank that together are worth $250,000, you’ve. A CD, or certificate of deposit, is a type of savings account found at banks and credit unions that pays a fixed interest rate on money deposited. In exchange, you agree to keep the.
Unlike music CDs – your CD earnings never get old!
How does earning the highest rate of return sound? Open a high-yield FDIC-insured Certificate of Deposit (CD) with as little as $1,000 and enjoy predictable returns, fixed rates and best of all, NO FEES. That’s a deal we’d listen to anytime.
| Term | Interest Rate | Annual Percentage Yield (APY) | Early Withdrawal Penalties |
|---|---|---|---|
| 3 Months open an account | 0.25% | 0.25% | 90 days interest |
| 6 Months open an account | 0.45% | 0.45% | 180 days interest |
| 12 Months open an account | 0.60% | 0.60% | 180 days interest |
| 18 Months open an account | 0.65% | 0.65% | 180 days interest |
| 24 Months open an account | 0.70% | 0.70% | 360 days interest |
| 36 Months open an account | 0.80% | 0.81% | 360 days interest |
| 48 Months open an account | 0.85% | 0.86% | 360 days interest |
| 60 Months open an account | 0.95% | 0.96% | 360 days interest |
Open with as little as $1,000. Rates last updated 1/18/2021. Rates above apply to all balance levels and are subject to change on any day and will be updated by 10 AM Eastern. Please be sure to check this page after 10 AM Eastern for the rate that will be honored today. CD rates are guaranteed as of the postmark date on the envelope containing the signed application and funding for the account. Interest is compounded and credited monthly. APYs assume interest remains on deposit until maturity. A withdrawal may reduce earnings. First Internet Bank does not issue monthly or annual statements for CD accounts. You have the option to use our online banking or mobile banking systems to get information about your CD. For additional information, visit our Disclosures page.
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Looking for more ways to save big?
Earn interest at several times the national average with select savings accounts or streamline your financial life with a convenient, interest-bearing checking account.
1. The Annual Percentage Yield (APY) for the Online Savings Account as of is more than five times the national average APY for interest-bearing savings accounts with balances of $500 as reported by Informa Research Services, Inc. as of . Interest rates and APYs are subject to change at any time. Although the information provided by Informa Research Services has been obtained from the various institutions, accuracy cannot be guaranteed.
2. Annual Percentage Yield (APY). Advertised Online Savings Account APY is accurate as of . Applies to personal accounts only. APY may change before or after the account is opened. No minimum deposit to open required.
3. Federal law limits the number of certain types of withdrawals and transfers from a Money Market Account to a combined total of six per calendar month per account. There is no limit on the number of withdrawals by ATM or by Official Check mailed to you. If you exceed these transaction limitations during any calendar month we may refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your account.
4. Annual Percentage Yield (APY) is accurate as of for Money Market Account balances under $100,000 and subject to change daily without notice before or after the account is opened. Applies to personal accounts only. No minimum deposit to open required.
5. Annual Percentage Yield (APY) is accurate as of for Money Market Account balances of $100,000 or more and subject to change daily without notice before or after the account is opened. Applies to personal accounts only. No minimum deposit to open required.
6. Annual Percentage Yield (APY) is accurate as of , is subject to change without notice, and will be determined and fixed for the term at funding. Applies to personal accounts only. A penalty may be charged for early withdrawal. No minimum deposit to open required.
7. Annual Percentage Yield (APY) is accurate as of and is subject to change without notice. The APY will be determined and fixed for the entire IRA CD term once account is opened and correctly completed documentation and funding is received. We will send you written confirmation of the interest rate, APY and maturity date of your IRA CD after it is opened or funded. Applies to personal accounts only. A penalty may be charged for early withdrawal. No minimum deposit to open. Consult a financial advisor or tax professional for guidance.
Deposit accounts offered by Discover Bank, Member FDIC