CD Rates Special
Save Smarter with a CD
A certificate of deposit is a low-risk way to earn interest on the money you don’t need immediately by locking in a higher rate than a traditional savings account. Other benefits include:
- Your interest rate remains the same during the term length of your CD.
- Choose between several term options.
- Your money is FDIC insured up to $250,000.
Personal Certificate of Deposit (CD) Rates
Deposit rates accurate as of October 1st, 2024.
* APY = Annual Percentage Yield, Rate = Interest Rate.
| Balance ($1,000 Minimum to Open and Obtain APY) | 7 Month (Rate — APY) | 19 Month (Rate — APY) |
|---|---|---|
| $1,000 - $49.999.99 | 4.18% — 4.25% | 3.70% — 3.75% |
| $50,000 or more | 4.18% — 4.25% | 3.70% — 3.75% |
Interest rates and APY's are accurate as of the effective date listed at the top of the page.
* We use the daily balance method to calculate the interest on your account. Earnings are compounded and paid quarterly and can remain in the CD or transferred to another Prevail Bank deposit account. The APY assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. You will have 10 calendar days after maturity to withdraw funds without penalty. Early withdrawals before CD reaches full maturity may be subject to penalty and reduced earnings. Interest begins to accrue no later than the business day we receive credit for the deposit of noncash items (i.e., checks).
SUPPORT
Website: Prevail.bank
Phone: 800.205.0914
Routing#: 291571270
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