Strengthen your savings by locking in a great rate.

For a limited time, we're offering a 3 Month CD Special with 5.00% APY¹, a 6 Month CD Special with 4.75% APY¹ and a 12 Month Add-On CD with 4.50% APY². All of these CDs can be opened in-branch or online.

• The 3 Month and 6 Month CD Specials require a $5,000 minimum deposit to open the account and a $5,000 minimum balance to obtain the APY
• The 12 Month Add-On CD requires a $50,000 minimum deposit to open the account and a $500 minimum balance to obtain the APY
• No monthly maintenance fees
• All BankFive CDs are 100% insured with a combination of FDIC and DIF insurance
• Rate remains fixed for the full term
• With our 12 Month Add-On CD, additional deposits can be made at any time³
• Account must be opened with new money (funds from an existing BankFive account will not be accepted)

To open an account, visit one of our branches or open online. 

If you have any questions, please don't hesitate to contact us.

¹APY = Annual percentage yield. Promotional offer may be withdrawn at any time. Minimum deposit of $5,000 required to open account and $5,000 minimum balance required to obtain APY. Up to $1,000,000 per account may be deposited for promotional rate. CD must be opened with new funds (funds from an existing BankFive account will not be accepted). Penalty for early withdrawal. Rate remains fixed for the full term. Rate may change at end of term. Fees may reduce earnings. Rates effective 4/27/2024.

²APY = Annual percentage yield. Promotional offer may be withdrawn at any time. Minimum deposit of $50,000 required to open account and $500 minimum balance required to obtain APY. Up to $1,000,000 per account may be deposited for promotional rate. CD must be opened with new funds (funds from an existing BankFive account will not be accepted). Penalty for early withdrawal. Rate remains fixed for the full term. Rate may change at end of term. Fees may reduce earnings. Rates effective 4/27/2024.

³With the add-on CD you get all the benefits of the traditional CD but the added value of making additional deposits whenever you'd like up to the maximum limit per account. Add funds electronically through Online Banking, or make a deposit at one of our 13 convenient branch locations.