<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.

Promotional Online CD rates are only offered for CDs with balances of $25,000 or more. NexBank’s Promotional Online CDs are only available through this online application.1 

 


PROMOTIONAL ONLINE JUMBO CDs1,2


Apply for a Promotional Online Jumbo CD.

CDs with a minimum opening balance of $100,000.
 

Rates2

Term Rate APY3
​3 month
Promotional Online Jumbo CD
2.86% 2.90%
​6 month
Promotional Online Jumbo CD
3.57% 3.60%
12 month
Promotional Online Jumbo CD
4.04% 4.10%

 


PROMOTIONAL ONLINE CDs1,2


Apply for a Promotional Online CD.

CDs with opening balances of $25,000 to $99,999.

Rates2

Term Rate APY3
3 month
Promotional Online CD
2.81% 2.85%
6 month
Promotional Online CD
3.52% 3.55%
12 month
Promotional Online CD
3.99% 4.05%

 

 


NexBank Standard CDs4


Apply for a NexBank Standard CD.

CDs with opening balances of $10,000 to $24,999.

Rates4

Term Rate APY3
3 month 2.76% 2.80%
6 month 3.47% 3.50%
12 month 3.94% 4.00%
18 month 4.18% 4.25%
24 month 3.94% 4.00%
36 month 3.94% 4.00%
48 month 3.94% 4.00%
60 month 3.94% 4.00%



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

 

1. Funds must be new money; deposits cannot be made from an existing NexBank CD account.

2. Promotional Online CD rates are effective as of 1/10/2023 and are subject to change at any time without notice. Promotional Online CDs are a $25,000 minimum to open to earn stated APY. Promotional Online Jumbo CDs are a $100,000 minimum to open to earn stated APY. A substantial penalty may be imposed for withdrawals prior to maturity.

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

4. Rates are effective as of 1/10/2023 and are subject to change at any time without notice. NexBank Standard CDs: $10,000 minimum to open and a substantial penalty may be imposed for withdrawals prior to maturity.

CDs are only available to consumers.