CDs & IRAs

Earn a little more on your deposit! Longer term savings options like CDs and IRAs usually carry a higher interest rate than a standard savings account. Though you don’t have ready access to your funds, this can be a great way to grow your balance without even trying.

Home » Personal » Personal Banking » CDs and IRAs

Our Most Popular CD Options

4.80%

APY

$2,500.00 to open

Find A Branch

Compare Rates

Expand For Details

Certificate of Deposits (CDs) must be opened with new money, not currently on deposit at Bank Five Nine. Offer applicable to consumers only. Individual Retirement Accounts (IRAs) excluded. Business and Municipal money is not accepted. An open and active Bank Five Nine consumer checking account is required to receive stated Annual Percentage Yields (APYs) for special relationship pricing. An open and active consumer checking account is defined as an account which has activity consisting of either a recurring direct deposit credit (an ACH credit) in a single amount not less than $250 or five (5) signature based debit card transactions within any 45 day period. Stated APYs effective as of 1/31/25; APY is 4.80%. $2,500 minimum to open CDs to receive stated APYs. Unlimited new money deposits of $2,500 or more allowed during the initial term. Maximum new money deposit of $250,000. Interest rates are subject to change without notice. Early withdrawal from CD account may result in penalty. Fees may reduce earnings. At maturity, 9-month CD renews into a standard 12-month term.

4.80%

APY

$2,500.00 to open

Find A Branch

Compare Rates

Expand For Details

4.80%

APY

$2,500.00 to open

Find A Branch

Compare Rates

Expand For Details

Earn More on Your Savings

Take advantage of great product rates now available at Bank Five Nine. Stop in one of our convenient bank offices or schedule an an appointment with a personal banker.

Contact A Personal Banker

Certificate of Deposit and Individual Retirement Account Rates

CD / IRA Term	Minimum Dollar Amount to Open CD and Obtain Annual Percentage Yield	Minimum Dollar Amount to Open IRA and Obtain Annual Percentage Yield	Interest Rate	Annual Percentage Yield
9 Month CD Special¹⁺	$2,500.00	N/A	4.43% / 4.72%^	4.50% / 4.80%^
17 Month CD Special²⁺	$2,500.00	N/A	4.43% / 4.72%^	4.51% / 4.80%^
25 Month CD Special³⁺	$2,500.00	N/A	4.43% / 4.72%^	4.50% / 4.80%^
6 Month CD / IRA*	$1,000.00	$100.00	2.97%	3.00%
12 Month CD / IRA*	$1,000.00	$100.00	3.55%	3.60%
24 Month CD / IRA*	$1,000.00	$100.00	3.75%	3.80%
Young American CD⁴	$200.00	N/A	3.75%	3.80%
36 Month CD / IRA*	$1,000.00	$100.00	3.94%	4.00%
48 Month CD / IRA*	$1,000.00	$100.00	3.94%	4.00%
60 Month CD / IRA*	$1,000.00	$100.00	3.94%	4.00%

1 – New Money only. At maturity, 9-month CD renews into a standard 12-month term. Unlimited new money deposits of $2,500 or more allowed during the initial term. IRAs excluded.

2 – New Money only. At maturity, 17-month CD renews into a standard 24-month term. Unlimited new money deposits of $2,500 or more allowed during the initial term. IRAs excluded.

3 – New Money only. At maturity, 25-month CD renews into a standard 36-month term. Unlimited new money deposits of $2,500 or more allowed during the initial term. IRAs excluded.

4 – 24 Month Term. Unlimited deposits of $50.00 or more allowed during the initial and subsequent term. Offer applicable to minors and enrolled students only.

+ Maximum new money deposit of $250,000.

^ An active Bank Five Nine consumer checking account is required to receive higher APYs for Special Relationship pricing. An active consumer checking account is defined as an account which has activity consisting of either a recurring, monthly direct deposit credit (an ACH credit) in a single amount not less than $250 or five (5) signature based debit card transactions within any 45 day period.

* Withdrawals from IRA products before age 59½ may be subject to additional taxes and penalties; consult your tax advisor regarding the tax implications. Certain retirement accounts are insured by the FDIC separately from non-retirement funds you may have on deposit with Bank Five Nine.

Interest rates are subject to change without notice.

Fees may reduce earnings. A penalty may be imposed for early withdrawal from the accounts listed unless otherwise noted. Offer valid to consumer accounts only. Bank Five Nine does not generally accept institutional or brokered deposits to any of our deposit products.