Certificates of Deposit
Account Type Opening Deposit Minimum Balance1 Interest Rate  Annual Percentage Yield
91 Day $1,000 $1,000 and above 0.35% 0.35% Locations
6 Month $1,000 $1,000 and above 0.50% 0.50% Locations
Kids 6 Month2 $500 $500 and above 0.50% 0.50% Locations
Goal Setter 6 Month4 $25 $25 to $999 0.25% 0.25% Locations


$1,000 and above 0.50% 0.50% Locations
1 Year $1,000 $1,000 and above 1.39% 1.40% Locations
Kids 1 Year $500 $500 and above 1.39%
1.40% Locations
Goal Setter 1 Year4 $25 $25 to $999 0.25% 0.25% Locations


$1,000 and above
1.39% 1.40% Locations
1.5 Year $1,000 $1,000 and above 1.49% 1.50% Locations
18 Month Jump Rate8 $1,000 $1,000 and above 1.49% 1.50% Locations
18 Month Variable Rate3 $1,000 $1,000 and above 1.83% 1.85% Locations
2 Year  $1,000 $1,000 and above 1.54% 1.55% Locations
Goal Setter 2 Year4 $25 $25 to $999 0.25% 0.25% Locations


$1,000 and above 1.54% 1.55% Locations
2.5 Year  $1,000 $1,000 and above  1.64% 1.65% Locations
3 Year  $1,000 $1,000 and above 1.64% 1.65% Locations
4 Year $1,000 $1,000 and above 1.64% 1.65% Locations
5 Year  $1,000 $1,000 and above  1.64% 1.65% Locations

Spectrum Certificates of Deposit5
Account Type Opening Deposit6 Minimum Balance Interest Rate Annual Percentage Yield
11 Month $10,000 $10,000 and above  1.74% 1.75% Locations
15 Month $10,000 $10,000 and above 1.64% 1.65% Locations
22 Month $10,000 $10,000 and above 1.64% 1.65% Locations
(Includes Retirement Certificates) 





eCertificates of Deposit7
Account Type Opening Deposit6 Minimum Balance1 Interest Rate Annual Percentage Yield
14 Month $1,000 $1,000 and above 1.64% 1.65% Open Now
21 Month
$1,000 $1,000 and above 1.64% 1.65% Open Now
 

Deposit Rates are accurate as of 9/12/19 and subject to change without notice. The 18 Month Variable Rate CD rates are variable and may change after account is opened. Interest is compounded daily and will be credited quarterly or on the schedule statement date.  Daily balance is the amount of principal in the account each day. Certificate of Deposit may be subject to substantial penalty for early withdrawal.  Contact our Customer Service Center or visit your local branch for further information about applicable fees and terms. Fees may reduce account earnings.

  1. The minimum balance must be maintained for one year in order to receive the Annual Percentage Yield.
  2. Minimum deposits of $50 are allowed throughout the term of the CD. Must be titled as a custodian account or joint tenants with rights of survivorship. Primary account owner must be under the age of 21.
  3. The rate on this CD can change daily and is equal to the 26-week U.S. Treasury Bill Auction Rate.
  4. The rate on this CD is tiered and will adjust, as balances change, to the stated tiered rate at the time of account opening.
  5. Spectrum Select Checking Account required.
  6. Maximum opening deposit is $250,000 for individual accounts and $500,000 for joint accounts.
  7. eCertificates are only available online at bankfinancial.com
  8. Options include one rate increase during the CD term to the current 18-Month Jump Rate CD and additional deposits of $1,000 or more into the CD until its maturity date. After account opening, future rates may change depending on the rate in effect at the time of the bump up period. Additional deposits will not extend the maturity date.