Grow your savings in an account that’s as secure as locking money away in a safe. Rates and terms are fixed so your money is guaranteed.
Market conditions can change like the weather — leaving your interest rate lower than when you started. A certificate of deposit (CD) gives you what other investment strategies can’t — a fixed rate that will stay the same for the length of your term. At 5Star Bank, we offer terms ranging from 6 months to 5 years and no monthly service fees. Open with a $1,000 deposit and start investing seriously today!
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Summary
- Fixed rates
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 6 months to 5 years)
- No setup or maintenance fees
- Earned interest may be added to principal, transferred to another 5Star Bank account, or sent by ACH to another bank.
- Early withdrawals subject to penalty*
- Open by wire transfer, in branch, or by mail**
- $1,000 minimum deposit to open
*Early withdrawals may result in substantial penalties.
**When opening an account by mail, you will receive the interest rate that is in effect on the day your application and check are received by us.