<b>Certificates of Deposits</b>

Certificates of Deposits

A range of terms to maximize your savings

NexBank offers a range of Certificates of Deposit(CD) terms and rates to fit your specific needs.  Our CDs are a safe and secure way to earn more and save for your long-term financial goals. With a guaranteed rate of return, you achieve a consistent and predictable stream of interest income.  Additionally, you can generate higher earnings with higher balances to increase your savings potential.

Certificate of Deposit benefits:

  • Offer a wide variety of terms: From 3 months to 5 years
  • Automatic rollovers
  • Frequent special promotions

We make the process of opening a CD simple. Click below to open an account or contact a banker for more details.

OPEN A CD ONLINE

 

CD rates1

Term Rate APY2
3 months 0.50% 0.50%
6 months 0.50% 0.50%
12 months 0.75% 0.75%
18 months 0.75% 0.75%
24 months 0.75% 0.75%
36 months 0.75% 0.75%
48 months 0.75% 0.75%
60 months 0.75% 0.75%

 Click here to learn more about the Rates and Fees for our savings products.

1. Rates are effective as of 4/01/2021 and are subject to change at any time without notice. $10,000 minimum to open and a substantial penalty may be imposed for withdrawals prior to maturity.  Maximum CD amount is $240,000.00.

2. APY—Annual Percentage Yield. Fees could reduce earnings on the account.