Certificates of Deposit (CDs)
CD terms and rates built to hit goals
Need to tuck your money away for a bit, while also earning competitive fixed rates?
CDs can help you achieve more.
Standard CD Terms and Rates
| Term | Minimum Opening Deposit |
Interest Rate | APY* |
|---|---|---|---|
| 3 months1 | $500 | 4.00% | 4.06% |
| 6 months1 | $500 | 3.90% | 3.94% |
| 9 months2 | $500 | 3.70% | 3.72% |
| 12 months3 | $500 | 3.70% | 3.70% |
*APY is annual percentage yield. Rates are effective as of 12/01/2025 and subject to change at any time. A penalty may be imposed for early withdrawal.
1Ability to fund throughout term of CD. 2 Interest paid at maturity. 3Compounds annually.
Stearns Salaam CD Terms and Rates
| Term | Minimum Opening Deposit |
Expected Profit Rate | Expected Annual Percentage Yield |
|---|---|---|---|
| 3 months¹ | $500 | 4.00% | 4.06% |
| 6 months¹ | $500 | 3.90% | 3.94% |
| 9 months² | $500 | 3.70% | 3.72% |
| 12 months² | $500 | 3.70% | 3.70% |
¹Ability to fund throughout the term of CD.
²A discount may be applied for early withdrawal. Profit Rates and APY's are current as of 12/01/2025. Rates are subject to change at any time. Profit paid at maturity. For future details and information regarding the Expected Profit Rate and Discount Price, see Disclosure of Account Terms for Truth in Savings that was provided at account opening. Member FDIC. Equal Housing Lender. Approved Change: 12/01/2025
Banking That Pays
Checking and savings accounts
Reach your business checking and savings goals faster with simple, smart and rewarding BusinessSmart™ accounts. Earn interest and cash back with the convenience of online and mobile banking.
