Certificates of Deposit
Certificates of deposit (CDs) are a safe way to deposit money and guarantee a return. City's fixed-rate CDs feature competitive rates and offer several term options - so you can choose when your money matures. This predictability can make it easier to estimate your earnings and plan for the future.
Certificates of Deposit and Individual Retirement account specials:1
| Interest Rate | Annual Percentage Yield2 | |
| 7 Month Special Relationship3 CD | 4.665% | 4.75% |
| 11 Month Special Relationship3 CD | 4.76% | 4.85% |
Other terms and rates available.
A CD is a special type of deposit account that can be a great option if you want a low-risk investment to help your money grow. Our certificates of deposit let you earn interest that’s generally higher than a regular savings account. They can be a good way to diversify beyond your current savings account, depending on your needs. With certificates of deposit, you can enjoy steady income, along with the security of having fixed rates for fixed terms.
Limited time offer. CD available to current City customers only. Penalty for early withdrawal, which may decrease earnings.
1 Minimum deposit of $5,000 required.
2 Annual Percentage Yield (APY) assumes funds remain on deposit for a full year at the listed rate or until maturity. APY is accurate as of 04/16/24 and may change without notice.
3 A relationship is defined as a customer with one of the following: 1 year+ checking or savings account, a money market account, a new checking with direct deposit, or a loan.