Certificates of Deposit

Secure your savings with guaranteed returns. Our CDs offer competitive rates and flexible terms to help you reach your financial goals.

3-Month CD

2.75% APY
  • $500 minimum opening deposit
  • Early withdrawal penalty: 60 days interest
  • FDIC insured up to $250,000
  • Automatic renewal with 10-day grace period
  • No monthly maintenance fees

6-Month CD

3.00% APY
  • $1,000 minimum opening deposit
  • Early withdrawal penalty: 90 days interest
  • FDIC insured up to $250,000
  • Automatic renewal with 10-day grace period
  • No monthly maintenance fees

1-Year CD

3.25% APY
  • $2,500 minimum opening deposit
  • Early withdrawal penalty: 180 days interest
  • FDIC insured up to $250,000
  • Automatic renewal with 10-day grace period
  • No monthly maintenance fees

2-Year CD

3.50% APY
  • $5,000 minimum opening deposit
  • Early withdrawal penalty: 360 days interest
  • FDIC insured up to $250,000
  • Automatic renewal with 10-day grace period
  • No monthly maintenance fees

3-Year CD

3.75% APY
  • $10,000 minimum opening deposit
  • Early withdrawal penalty: 540 days interest
  • FDIC insured up to $250,000
  • Automatic renewal with 10-day grace period
  • No monthly maintenance fees

5-Year CD

4.00% APY
  • $25,000 minimum opening deposit
  • Early withdrawal penalty: 900 days interest
  • FDIC insured up to $250,000
  • Automatic renewal with 10-day grace period
  • No monthly maintenance fees

Why Choose AsabaBank CDs?

Guaranteed Returns

Lock in your interest rate for the term of your CD. No surprises, just guaranteed growth.

Flexible Options

Choose from 3-month to 5-year terms. Find the perfect duration for your savings goal.

No Hidden Fees

No maintenance fees, no service charges, and transparent early withdrawal penalties.

FDIC Insurance

Your CD is insured up to $250,000 by the FDIC. Your savings are protected.

How CDs Work

Choose Your Term

Select a term that aligns with your financial goals. Shorter terms offer flexibility while longer terms provide higher rates.

Make Your Deposit

Deposit your funds into your chosen CD. The minimum opening deposit is $1,000.

Earn Interest

Your funds earn interest at the locked-in rate for the duration of your CD term.

Withdraw or Renew

At maturity, you can withdraw your funds or choose to automatically renew your CD.