CD Specials
| Term |
APY1 |
Minimum to Open and to Obtain APY |
Interest
Paid |
| Seven-Month CD Special2 |
5.15%
5.35% |
$5,000
$5,000 (with 50% in "new money"3 to receive 5.35%) |
At Maturity |
| 15-Month CD Special5 |
5.35% |
$10,000 (with initial deposit in "new money"3) |
Monthly |
| 18-Month Rate Mover7 |
5.10% |
$1,000 |
Monthly |
| 18-Month Rate Mover Jumbo7 |
5.30% |
$100,000 |
Monthly |
Regular/No-Step CD Rates
| Term |
APY |
Minimum to Open and to Obtain APY |
Interest
Paid |
| 6-Month CD |
{{ratesnum.49}}% |
$1,000 |
At Maturity |
| 12-Month CD |
{{ratesnum.50}}% |
$1,000 |
Monthly |
| 18-Month CD |
{{ratesnum.53}}% |
$1,000 |
Monthly |
| 24-Month CD |
{{ratesnum.56}}% |
$1,000 |
Monthly |
| 36-Month CD |
{{ratesnum.58}}% |
$1,000 |
Monthly |
| 48-Month CD |
{{ratesnum.60}}% |
$1,000 |
Monthly |
| 60-Month CD |
{{ratesnum.63}}% |
$1,000 |
Monthly |
|
|
Step Up CD Rates6
| Term |
APY |
Minimum to Open and to Obtain APY |
Interest
Paid |
| 18-Month Step-Up CD |
{{ratesnum.52}}% |
$1,000 |
Monthly |
| 24-Month Step-Up CD |
{{ratesnum.55}}% |
$1,000 |
Monthly |
| 36-Month Step-Up CD |
{{ratesnum.57}}% |
$1,000 |
Monthly |
| 48-Month Step-Up CD |
{{ratesnum.59}}% |
$1,000 |
Monthly |
| 60-Month Step-Up CD |
{{ratesnum.61}}% |
$1,000 |
Monthly |
Save Up CD Rates6
| Term |
APY |
Minimum to Open and to Obtain APY |
Interest
Paid |
| 12-Month Save-Up CD |
{{ratesnum.51}}% |
$500 |
At Maturity |
Rate Mover CDs7,8
| Term |
APY |
Minimum to Open and to Obtain APY |
Interest
Paid |
| 18-Month Rate Mover CD |
{{ratesnum.54}}% |
$1,000 |
Monthly |
| 48-Month Rate Mover CD |
4.00% |
$1,000 |
Monthly |
APY (Annual Percentage Yield) is accurate as of Aug. 17, 2023.
1For CDs, penalty may be imposed for early withdrawal. Fee could reduce the earnings on the account. CDs automatically renew for another term at rate in effect at that time for that CD type.
2The Seven-Month CD Special automatically renews into a standard CD for another seven-month term and at a rate in effect at that time. Penalty may be imposed for an early withdrawal. Fees could reduce earnings on the account. Rate subject to change at any time. To earn 5.35% APY, 50% of the deposit must be in funds not on deposit at Avadian in the past 30 days..
3"New money" is defined as funds not on deposit at Avadian in the past 30 days.
4Deposits allowed to the Save Up CD for $100 or more per deposit. Automatically renews for another term upon maturity.
5The 15-Month CD Special automatically renews into a standard CD for another 15-month term and at a rate in effect at that time. Penalty may be imposed for an early withdrawal. Fees could reduce earnings on the account. Rate subject to change at any time. Entire deposit must be new funds.
6Step-Up CDs give you the ability to change your rate one time to the rate currently in effect for CDs of this type. You will keep the same original term but may potentially enjoy a higher rate.
7Rate Mover CD is a variable rate. The rate may change after the account is opened based on changes in prime index as quoted in The Wall Street Journal.
8Automatically renews for a like term at the rate in effect at that time for that CD type. Penalty may be imposed for early withdrawal. Fees could reduce earnings on the account. Rate Mover CDs are not available as IRA CDs.
To open a new Traditional IRA CD, you must have earned income and be under the age of 70½ unless you are transferring the funds from another institution. To open a new Roth IRA CD, you must have earned income and be under the income limits set by the IRS.
Note: Rates are subject to change without notice.