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Certificates of Deposit (CDs)
Lock in a guaranteed rate and grow your savings with confidence. Choose from a variety of terms designed to help you reach your financial goals.
Grow your savings without the guesswork.
CDs offer a simple way to earn a guaranteed return over a fixed term. Whether you're saving for a future purchase or looking to diversify your savings strategy, a CD can provide predictable growth and peace of mind.
Lock in your rate at account opening and know exactly how your savings will grow over the term of your CD.
Choose from a variety of CD terms to match your timeline and savings goals.
Know exactly how much you'll earn over the life of your CD without worrying about market fluctuations.
Built for predictable growth.
Choose a fixed term, lock in your rate, and grow your savings with confidence.
Everything this account comes with.
Choose a term that fits your goals and enjoy predictable growth backed by a fixed rate for the life of your CD.
Your rate is locked in at account opening and remains the same throughout the term of your CD.
Choose from a variety of CD terms to match your timeline and savings goals.
A fixed rate and defined term can help you plan for future savings goals.
Enjoy added flexibility with a 6-Month CD option that does not charge an early withdrawal penalty.
Many CDs can be opened as Traditional or Roth IRAs, helping you save for retirement while earning a fixed rate.
Whether you're comparing terms or planning for retirement, our bankers can help you find the CD that fits your goals.
This product works best for customers who —
You have money set aside for a future purchase, milestone, or financial goal and won't need immediate access to those funds.
What you'll need:
A minimum opening deposit and a savings goal with a defined timeline.
You want a fixed rate and predictable earnings rather than worrying about changing market conditions.
What you'll need:
Funds you can commit for the selected CD term.
You're willing to leave money untouched for a set period in exchange for a competitive fixed rate.
What you'll need:
A timeline that aligns with one of our available CD terms.
You're exploring ways to grow retirement savings through a Traditional or Roth IRA CD.
What you'll need:
A conversation with a banker to determine which retirement option is right for you.
Products that work better together.
Looking for higher earning potential with ongoing access to your funds? A Money Market account offers flexibility while helping your savings work harder.
Build savings for short- and medium-term goals while keeping your money readily accessible when you need it.
Looking beyond deposit accounts? Connect with an advisor to discuss retirement planning, investments, and long-term financial goals.
Know more. Decide better.
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Frequently Asked Questions
You might find what you’re looking for right here.
A Certificate of Deposit (CD) is a savings account that pays a fixed interest rate for a specific period of time. In exchange for keeping your money on deposit for the selected term, you'll typically earn a higher rate than a traditional savings account.
When you open a CD, you agree to leave your funds on deposit for a set term. Your interest rate is locked in when the account is opened, helping you know what rate your CD will earn throughout the term.
Most IncredibleBank CDs require a minimum opening deposit of $1,000. Contact us for current terms, rates, and account requirements.
CD rates are fixed for the selected term. Your rate is established when the account is opened and does not change during the term of the CD.
When your CD reaches maturity, you'll have options to withdraw your funds, transfer them to another account, or renew into a new CD term. We'll provide information before your maturity date so you can decide what works best for your goals.
Yes, but an early withdrawal penalty may apply. Certain CD products, such as our No-Penalty CD, may offer additional flexibility. Review account disclosures for complete details.
Yes. Deposits are FDIC insured up to applicable limits, providing added security for your savings.
A savings account provides ongoing access to your funds, while a CD offers a fixed rate in exchange for keeping funds on deposit for a specified term. CDs may be a good fit for money you won't need immediately.
A Money Market account offers greater access to your funds and may include features such as check writing. A CD locks in a fixed rate for a specific term and is designed for longer-term savings goals.
Yes. Many CDs can be opened within a Traditional or Roth IRA, allowing you to combine the stability of a fixed-rate CD with retirement savings benefits.
The best CD term depends on your financial goals and when you'll need access to your funds. Shorter terms may offer more flexibility, while longer terms may be appropriate for funds set aside for future goals. Our bankers can help you compare options.