CERTIFICATE OF DEPOSIT (CD)

Put your money to work with this longer term savings solution. Choose from regular term or fixed-rate options.

CDs let you grow your savings over a set period of time with a guaranteed fixed rate of return. Associated Bank offers CDs with terms from 30 days to 60 months, giving you greater flexibility.

CDs generally offer better interest rates than other savings products, but you'll need to commit to a term of months or years to reap the benefits of that rate.

If you’re comfortable parking your savings for an extended period of time, a longer-term option might be right for you. However, if you think you’d like to access your money sooner rather than later, and you want to avoid worrying about early withdrawal fees, a shorter-term CD could be a great fit.

Maximize your return by laddering several CDs and staggering the terms. You’ll get FDIC protection up to the full legal limit.

Choose the certificate of deposit that's right for you

Associated Bank CDs offer competitive rates and FDIC-insured deposits. Choose the term that’s most appropriate for your savings needs.

Features

Terms available

Choose from 3, 6, 9, 12, 18, 24, 30, 36, 48 or 60 month terms

Minimum opening deposit

$1,000

Additional deposits

At maturity

Interest (credited and compounded)

Quarterly and at maturity. You may choose to have your interest payment transferred to another Associated Bank account or issued by check if your CD account balance is $5,000 or more.

Certificate renewal

Automatically renews upon maturity

Grace period

The account owner has ten (10) calendar days after maturity to withdraw the funds without penalty. Interest is not paid during the grace period unless the funds from this CD are deposited into another Associated Bank CD.

Early withdrawal penalty

  • For terms less than 12 months—90 days interest
  • For terms greater than or equal to 12 months but less than 24 months—181 days interest
  • For terms greater than or equal to 24 months but less than 36 months—270 days interest
  • For terms 36 months and longer—365 days interest

 

You want to save, but a higher minimum opening deposit can make it difficult to get started. Associated Bank gives you the fixed-rate add-on CD. All you need is $100 to open one. Plus, our fixed-rate add-on CD gives you the flexibility to make deposits throughout the term.

Features

 

Terms available

12 months

Minimum opening deposit

$100

Additional deposits (any time, any amount)

Unlimited

Interest (credited and compounded)

Quarterly and at maturity. You may choose to have your interest payment transferred to another Associated Bank account or issued by check if your CD account balance is $5,000 or more.

Certificate renewal

Automatically renews upon maturity

Grace period

The account owner has ten (10) calendar days after maturity to withdraw the funds without penalty. Interest is not paid during the grace period unless the funds from this CD are deposited into another Associated Bank CD.

Early withdrawal penalty

181 days simple interest

 



Smart CD savings and a great rate? You got it. For a limited time, lock in a promotional rate of 5.00% annual percentage yield (APY) on a 7-month CD.

Call 800-236-8866

Customer Care Center

  • Minimum deposit required to open is $5,000. All interest rates and annual percentage yields (APYs) stated above are current as of January 1, 2024 and are subject to change at any time at our discretion. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. There may be an early withdrawal penalty when any principal amount is withdrawn before maturity. Interest is compounded and credited quarterly, except the following: the 30-day Mini Jumbo and the 3-month Fixed are compounded and credited at maturity and the IRA Money Market Savings is compounded and credited monthly.
    After the account is opened, deposits or withdrawals may not be made without penalty until maturity, except for the following: deposits are allowed for the 12-month Add-on and deposits and withdrawals are both allowed for Starter IRAs and IRA Money Market Savings accounts.