CDs
Certificate of Deposit (CD)
- Minimum amount to open: $500*
- Checking account customers can receive a combined monthly statement
- Term options: 91 days, 182 days, 7-60 months in one-month increments
- Additional deposits allowed for first six months for terms greater than 11 months ($500 minimum* additional deposit)
- Early withdrawal penalty: term of one year or less-90 days' interest; term greater than one year-180 days' interest
- Free Online Banking
Jumbo Certificate of Deposit (CD)
- Minimum amount to open: $100,000
- Checking account customers can receive a combined monthly statement.
- Term options: 30 to 365 days; interest paid at maturity
- No additional deposits allowed
- Early withdrawal penalty: forfeiture of all interest earned
- Free Online Banking
CDARS®
CDARS is an investment tool from Northwestern Bank that can provide you with full FDIC insurance on your deposits--up to $50 million. Click here for more information.*Special CDs may have different requirements.