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Our Certificates of Deposit (CDs) offer a reliable way to earn higher interest rates compared to traditional money market and savings accounts. With fixed interest rates that remain constant throughout the term, CDs provide a predictable and secure growth for your savings.

Use a calculator to find out how much interest you can earn on a CD.

CDs typically offer higher interest rates than traditional savings and money market accounts, allowing your money to grow faster.

With a fixed interest rate for the term of the CD, you can predict and rely on the exact amount of interest your investment will earn.

CDs are a low-risk investment since they are FDIC-insured up to the maximum allowed by law, protecting your principal investment.

CDs come in various term lengths, ranging from a few months to several years, enabling you to choose the duration that best suits your financial goals.

Since funds in a CD are typically locked in until maturity, it encourages disciplined saving and helps you avoid the temptation of spending your savings.

Term

Min to open

Interest Rate

APY*

Minimum Balance to Earn APY

3-Month CD$1,0001.00%1.00%$1,000APPLY NOW
6-Month CD$1,0004.57%4.65%$1,000APPLY NOW
12-Month CD$1,0002.97%3.00%$1,000APPLY NOW
13-Month CD$1,0004.47%4.55%$1,000APPLY NOW
15-Month CD$1,0002.72%2.75%$1,000APPLY NOW
18-Month CD$1,0004.14%4.20%$1,000APPLY NOW
24-Month CD$1,0002.48%2.50%$1,000APPLY NOW
36-Month CD$1,0002.23%2.25%$1,000APPLY NOW
48-Month CD$1,0002.48%2.50%$1,000APPLY NOW
60-Month CD$1,0002.53%2.55%$1,000APPLY NOW

Term

Min to open

Interest Rate

APY*

Minimum Balance to Earn APY

7-Month No Penalty CD**$1,0004.18%4.25%$1,000APPLY NOW

*Rates effective as of 12/06/2024 and are subject to change without notice. Fees may reduce earning. Early withdrawal penalties may apply. Minimum balance of $1,000 to earn APY on 3-month, 6-month, 7-month, 12-month, 13-month, 15-month, 18-month, 36-month, 48-month and 60-month CDs.

*APY is the Annual Percentage Yield.

**While there is not an early withdrawal penalty for the 7-month no penalty CD, interest that has accrued, but has not been credited to the CD will NOT be paid upon termination.

Choose from CD terms ranging from six months to five years and benefit from competitive rates. Let Midwest BankCentre help you find the perfect CD to meet your financial goals.