SAVING & SPENDING11 minutes
Bump-Up CD 24 Months
%
APY*
No minimum balance
Earn with confidence.
A great way to start saving. One time flexibility to request an increase should the rate we offer for this product rise.
Certificate of Deposit (CD)
UP TO
%
APY*
No minimum balance
Lock in for higher rates.
Better rates reward your commitment to saving. Easy to track your earnings online.
No-Penalty CD 11 Months
%
APY*
No minimum balance
Flexible and steady savings.
No early withdrawal penalty if you need to access to your money*. Your commitment to save offers you stability with our No-Penalty CD flexibility.
Source: Curinos, New York, NY. curinos.com Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. See disclosures below for more information.
CD: How it works.
Let’s say you want to earn as much interest as you can, but you’re not quite sure when you’ll need your cash. A CD account is a great option for you.
CD: How it works.
Let’s say you want to earn as much interest as you can, but you’re not quite sure when you’ll need your cash. A CD account is a great option for you.
High Yield Savings (HYS)
APY*
No minimum balance
EXPLORE HIGH YIELD SAVINGSMoney Market Accounts (MMAs)
APY*
No minimum balance
EXPLORE MONEY MARKET ACCOUNTSFAQ
We may assess an early withdrawal penalty if you withdraw funds from the principal prior to the CD maturity date—the last day of the CD term. The penalty is applied to the amount of principal withdrawn (there’s no penalty on interest).
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Penalty Amounts
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Terms of 12 months or less
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90 days of simple interest at the current rate
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Terms of more than 12 months but less than 48 months
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180 days of simple interest at the current rate
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Terms of 48 months or more
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365 days of simple interest at the current rate
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Exceptions: For information on exceptions, please click here. |
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If you’re interested in having access to your funds within a shorter period of time without a penalty, consider a CD ladder strategy.
For help with your CD, call our bankers at +1 (208) 985-0904.
Vivid Crest Bank does not provide tax advice. Please consult your tax advisor for actual advantages and any potential tax implications before withdrawing funds from an IRA CD.
You can withdraw interest paid during your CD’s current term anytime without penalty. You can transfer the interest to a Vivid Crest Bank High Yield Savings or Money Market Account or a non-Vivid Crest Bank account. For help withdrawing your interest, call us at +1 (208) 985-0904.
After you initially fund your CD you can make deposits only during the 10-day grace period after the CD matures. This applies to IRA CDs as well.
If you are interested in adding money to your CD portfolio, consider a CD ladder strategy. A CD ladder strategy is a way of managing your CD portfolio so that instead of depositing funds in just one CD, funds are spread out in several CDs of different terms, such as from one to five years. With this strategy, you can benefit from more frequent access to your funds while still taking advantage of the often-better rates that accompany longer term CDs. Plus, with CD terms spread over a longer time period, interest rate fluctuations would not impact your entire portfolio. Read more about CD ladder strategy here.
More questions about your IRA CD? Call us at +1 (208) 985-0904.
Yes. Vivid Crest Bank
is a member of the FDIC, so your deposit accounts with us are insured up to $250,000 per ownership category. If you want, learn more about FDIC insurance limits.
