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Certificates of Deposits
If you’re looking for a longer-term, higher-interest savings, Webster’s choice of CDs can boost your earnings significantly.
From traditional fixed-rate CDs to our “bump up” your rate option, you’ll find a CD option that will help you save and access cash the way you want to. Plus, most CDs are FDIC insured to give you peace of mind. Click here to learn more about coverage amounts.
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When it comes to building your savings, opening a traditional CD can be a smart move.
- Fixed rates guarantee you’ll build savings
- Get a higher rate with Premier or WebsterOne® checking accounts
- Long and short-term options available
- Interest is compounded and credited monthly
Learn more about a Traditional CD and how it can help you reach your financial goals.
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A worry-free solution if rates go up.
- Allows you to bump up your CD rate one time during your 3 year term
- Flexible interest payments
- Requires Premier or WebsterOne® checking
Learn more about a 3-year Bump-up CD and how it can help you reach your financial goals.
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CD Early Withdrawal Penalty: If any portion of the principal balance is withdrawn from your CD prior to the maturity date, an early withdrawal penalty will be imposed as permitted by law. If the term of your CD is one year or less, the penalty will be equal to 1% of the amount withdrawn plus $25. If the term of your CD is greater than one year, the penalty will be equal to 3% of the amount withdrawn plus $25.
