CIBC Agility™ Certificate of Deposit (CD)

There are a few ways you can deposit money to fund your CD:

Set up transactions online through NetBanking

• Set up a one-time transfer into your Agility CD from other financial institutions
• Set up a direct deposit or an Automatic Clearing House (ACH) debit from an account from another financial institution

Make an internal transfer

• Transfer funds from another deposit account you own with CIBC Bank USA

Send us a check

• Make your check payable to CIBC Bank USA and include your account number on the memo line before sending it to the following address:

CIBC Bank US c/o Agility Accounts

6825 West 111th St

Worth, IL 60482

The minimum deposit to open a CD is $1,000. The maximum initial deposit is $5,000,000.

No, but you can open a new CD at the current rate and term.

Interest is compounded and credited to your account on a monthly basis.

At this time, we don't offer automated withdrawal of monthly interest. For information about withdrawing funds, refer to the Agility Certificate of Deposit Account Agreement and Disclosures (PDF, 490 KB) Opens a new window..

We'll notify you before your CD matures. Your account will automatically renew at maturity, unless you withdraw your funds or give us written notice. You'll have a 10-day grace period after the maturity date to withdraw your money without paying an early withdrawal fee. We can choose not to renew your CD if we notify you by mail at least 10 days before maturity. If you decide not to renew your CD, or if we decide not to renew your CD, you won't earn interest after the maturity date. The terms and rates at renewal vary and may not be the same as the currently listed rates.

Yes. CIBC Bank USA is a member of the Federal Deposit Insurance Corporation (FDIC). Your funds in Agility accounts are FDIC-insured up to applicable limits.

No, your CD can't be used as collateral.

We offer individual and joint account ownership only at the time the account is opened. Accounts cannot be owned by a trust or established as a fiduciary or custodial account. Accounts can be established as payable-on-death (POD) accounts after the account has been opened.

To add POD beneficiaries, call us at 844-704-7882 Opens your phone app. or email us at us.onlinesupport@cibc.com Opens your email app..

If you're a POD beneficiary for an account in which the owner is deceased and you'd like to claim funds, contact us at 844-704-7882 Opens your phone app. or email us at us.onlinesupport@cibc.com Opens your email app..