Traditional CDs

Choose from a wide range of fixed rates and terms.

Fast Facts

  • Preferred Rates - Get higher rates with Premier or WebsterOne checking.
  • Short and Long-Term Options - From 1 month to 5 years.
  • Guaranteed Returns - Security you can rely on.
  • Easy Start-up - Opens with just $1,000.

Traditional CDs

When it comes to building your savings, opening a traditional CD can be a smart move. As a longer-term savings option you’ll earn higher interest. And with fixed rates and terms, higher returns are guaranteed.  What’s more, many of our CDs are available as IRAs, which makes them a great option for retirement savings.

  • Wide range of interest rates and terms
  • Better rates with Premier or WebsterOne® checking
  • Interest is compounded and credited monthly
  • Automatic monthly interest payment option
  • IRA options
  • FDIC insurance for peace of mind
  • $1,000 minimum deposit

Not sure which checking account is right for you?

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CD Early Withdrawal Penalty: If any portion of the principal balance is withdrawn from your CD prior to the maturity date, an early withdrawal penalty will be imposed as permitted by law. If the term of your CD is one year or less, the penalty will be equal to 1% of the amount withdrawn plus $25. If the term of your CD is greater than one year, the penalty will be equal to 3% of the amount withdrawn plus $25.