Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Federal Deposit Insurance Corporation - FDIC-Insured - Backed by the full faith and credit of the U.S. Government
HOAs, businesses, and institutions open commercial CDs with Continental Bank because they’re very easy to open and because they offer great rates, no fees, and lots of flexibility.
When you buy any of our three different types of CDs direct from us, you enjoy a higher rate as there are no fees, spreads, or commissions. Plus, you’re FDIC-insured up to $250,000 and have liquidity options because of our lenient early withdrawal penalties. That’s the Continental difference.
Need additional flexibility beyond our High Yield CD? Our Bump-Up and Liquidity CDs offer even more options, including early principal withdrawals with no penalty, and a bump-up option that allows you to move up to a higher interest rate without extending the maturity date.
Already a Continental Bank customer? Call us to get an improved loyalty rate or pledge your CD as collateral for a new loan!
| TERM | APY* |
|---|---|
TERM 90 Days | APY* 0.20% |
TERM 180 Days | APY* 0.35% |
TERM 1 Year | APY* 0.75% |
TERM 1.5 Years | APY* 0.80% |
TERM 2 Years | APY* 0.85% |
TERM 2.5Years | APY* 0.90% |
TERM 3 Years | APY* 1.10% |
TERM 4 Years | APY* 1.15% |
TERM 5 Years | APY* 1.40% |
| TERM | APY* |
|---|---|
TERM 10 Months | APY* 0.13% |
Rates above apply to $250,000 balance levels and are subject to change based upon market volatility. Federal law requires all financial institutions to obtain, verify, and record information to identify all entities opening accounts. An early withdrawal of principal or interest before maturity may reduce earnings and cause the actual stated *APY above to differ. Federally insured by the FDIC. Loyalty accounts are defined to include any customer with a current or past account with the bank and are eligible to receive better rates.
| HIGH YIELD | LIQUIDITY | |
|---|---|---|
RATE | HIGH YIELD This rate is the highest we can offer, we're confident you won't find better with our competitors | LIQUIDITY The rate is better than our competitors High Yield Savings accounts, while still giving you liquidity optionality. |
INTEREST PAYMENT | HIGH YIELD Early withdrawal penalties apply see FAQs for details | LIQUIDITY Same as High Yield |
TERM | HIGH YIELD All terms available (1-month to 5 Years) | LIQUIDITY Only a 10 month term as quoted. Ask your banker for additional terms |
STATEMENTS | HIGH YIELD Interest statements are provided upon request, and maturity notifications are sent automatically | LIQUIDITY Same as High Yield |
EARLY WITHDRAWAL PENALTY | HIGH YIELD 90 days interest on the amount withdrawn for CD accounts with terms of less than 2 years. 180 simple interest on the amount withdrawn for terms 2 years and greater. | LIQUIDITY You may withdraw all or any of your deposit, including interest earned without and penalties, with a 7-day notice |
RENEWAL | HIGH YIELD Your CD will renew automatically at maturity for the same term and the current interest rate unless we receive your permission to renew for a different term, or you request to withdraw your funds | LIQUIDITY Same as High Yield |
| HIGH YIELD |
|---|
| RATEThis rate is the highest we can offer, we're confident you won't find better with our competitors |
| INTEREST PAYMENTEarly withdrawal penalties apply see FAQs for details |
| TERMAll terms available (1-month to 5 Years) |
| STATEMENTSInterest statements are provided upon request, and maturity notifications are sent automatically |
| EARLY WITHDRAWAL PENALTY90 days interest on the amount withdrawn for CD accounts with terms of less than 2 years. 180 simple interest on the amount withdrawn for terms 2 years and greater. |
| RENEWALYour CD will renew automatically at maturity for the same term and the current interest rate unless we receive your permission to renew for a different term, or you request to withdraw your funds |
| LIQUIDITY |
| RATEThe rate is better than our competitors High Yield Savings accounts, while still giving you liquidity optionality. |
| INTEREST PAYMENTSame as High Yield |
| TERMOnly a 10 month term as quoted. Ask your banker for additional terms |
| STATEMENTSSame as High Yield |
| EARLY WITHDRAWAL PENALTYYou may withdraw all or any of your deposit, including interest earned without and penalties, with a 7-day notice |
| RENEWALSame as High Yield |
man welding with sparks flying
We have a proven track record of working with our partners and customers in developing financing strategies that help them achieve their goals.
