Take advantage of some of our best Certificate of Deposit (CD) rates with these limited time CD specials as part of your overall savings strategy.
 

For CD specials, click on your location below.

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CD Rates As High As 2.75%

Term APY APY as high as
11-month 2.00% 2.45%
23-month 2.15% 2.60%
35-month 2.30% 2.75%
Earn highest APY shown above by:
  • .15 for having a direct deposit into a personal checking account.
  • .15 for having an existing active credit card, or for opening a new credit card* with a balance 
transfer of at least $500.
  • .15 if Certificate of Deposit includes at least $15,000 of new money
Apply for a Certificate of Deposit

 

Annual Percentage Yield effective January 14, 2019.

$500 minimum balance to earn APY.

*Subject to approval.

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CD Rates As High As 2.85%

Term APY APY as high as
21-month 2.10% 2.60%
39-month 2.35% 2.85%
Earn highest APY shown above by:
  • .25 for having three banking services with Merchants Bank
  • .25 if Certificate of Deposit includes at least $10,000 of new money

Apply for a Certificate of Deposit

Annual Percentage Yield effective January 25, 2019.

One-time option to make an additional deposit of at least $1,000 and one-time option to raise your rate during the initial term based on the rate offered for the closest annual term. Plus, one-time option to withdraw up to 25% of your CD balance before maturity, but at least six days after account opening, without penalty.

$2,500 minimum balance to earn APY.

Banking services include checking, certificates of deposit, credit cards, loans (business, mortgage or personal loans), safe deposit box or savings.

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CD Rates As High As 2.55%

Term APY APY as high as
11-month 2.10% 2.35%
21-month 2.30% 2.55%
Increase your base rate by .25 for all specials by having a direct deposit into a personal checking account.
 

Apply for a Certificate of Deposit

Annual Percentage Yield effective November 12, 2018.

One-time option to make an additional deposit of at least $1,000 and one-time option to raise your rate during the initial term based on the rate offered for the closest annual term. Plus, one-time option to withdraw up to 25% of your CD balance before maturity, but at least six days after account opening, without penalty.

$500 minimum balance to earn APY.


CD Rates As High As 2.05%

Term APY APY as high as*
5-month 2.05% 2.05%
*APY with $10,000 new money
 

Annual Percentage Yield effective November 12, 2018.

$10,000 minimum balance to earn APY.

Certificate of Deposit has a maximum opening deposit of $249,999.99.

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CD Rates As High As 2.75%

Term APY APY as high as
11-month 2.00% 2.45%
23-month 2.15% 2.60%
35-month 2.30% 2.75%
Earn highest APY shown above by:
  • .15 for having a direct deposit into a personal checking account.
  • .15 for having an existing active credit card, or for opening a new credit card* with a balance 
transfer of at least $500.
  • .15 if Certificate of Deposit includes at least $15,000 of new money

Apply for a Certificate of Deposit

Annual Percentage Yield effective January 14, 2019.

$500 minimum balance to earn APY.

*Subject to approval.

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CD Rates As High As 2.75%

Term APY APY as high as
11-month 2.00% 2.45%
23-month 2.15% 2.60%
35-month 2.30% 2.75%
Earn highest APY shown above by:
  • .15 for having a direct deposit into a personal checking account.
  • .15 for having an existing active credit card, or for opening a new credit card* with a balance 
transfer of at least $500.
  • .15 if Certificate of Deposit includes at least $15,000 of new money

Apply for a Certificate of Deposit

Annual Percentage Yield effective January 14, 2019.

$500 minimum balance to earn APY.

*Subject to approval.

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CD Rates As High As 2.75%

Term APY APY as high as
11-month 2.00% 2.45%
23-month 2.15% 2.60%
35-month 2.30% 2.75%
Earn highest APY shown above by:
  • .15 for having a direct deposit into a personal checking account.
  • .15 for having an existing active credit card, or for opening a new credit card* with a balance 
transfer of at least $500.
  • .15 if Certificate of Deposit includes at least $15,000 of new money

Apply for a Certificate of Deposit

Annual Percentage Yield effective January 14, 2019.

$500 minimum balance to earn APY.

*Subject to approval.

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CD Rates As High As 2.70%

Term APY APY as high as
11-month 2.00% 2.45%
26-month 2.25% 2.70%
Increase your base rate by .45 for all specials by:
  • Having a personal checking account
OR
  • The Certificate of Deposit includes at least $10,000 of new money

Apply for a Certificate of Deposit

Annual Percentage Yield effective November 1, 2018.

$2,500 minimum balance to earn APY.

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CD Rates As High As 2.77%

Term APY APY as high as
11-month 1.75% 2.25%
21-month 2.12% 2.62%
31-month 2.27% 2.77%
Increase your base rate by .50 for all specials by having a direct deposit into a personal checking account.

Apply for a Certificate of Deposit

Annual Percentage Yield effective November 30, 2018.

One-time option to make an additional deposit of at least $1,000. Plus, the one-time option to withdraw up to 25% of your CD balance before maturity, but at least six days after account opening, without penalty.

$2,500 minimum balance to earn APY.

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CD Rates As High As 2.75%

Term APY APY as high as
11-month 2.00% 2.45%
23-month 2.15% 2.60%
35-month 2.30% 2.75%
Earn highest APY shown above by:
  • .15 for having a direct deposit into a personal checking account.
  • .15 for having an existing active credit card, or for opening a new credit card* with a balance 
transfer of at least $500.
  • .15 if Certificate of Deposit includes at least $15,000 of new money

Apply for a Certificate of Deposit

Annual Percentage Yield effective January 14, 2019.

$500 minimum balance to earn APY.

*Subject to approval.

 
 
 
 
 
 
 
 
 
 
 
 
To view our standard CD rates and other checking and savings account rates, please visit our rates page.

Early withdrawal penalties may reduce account earnings. Offers not available on government funds.

New money is money not currently on deposit with Merchants Bank and is required at account opening.