Certificates of Deposit (CDs)

MINIMUM DEPOSIT TO OPEN INTEREST EARNED PENALTIES FOR EARLY WITHDRAWL

$1,000

Yes

Fees

Overview

A low-risk investment offered by CIBC Bank USA that earns a guaranteed return with fixed interest rates and a choice of term lengths.

Key Features

  • Earn a guaranteed interest rate with term lengths from 30 days to five years
  • Available interest may be withdrawn or reinvested
  • Additional funds may be added upon renewal
  • No annual or custodial fees
  • May be eligible to use as loan collateral
  • CDs are automatically renewed at maturity
  • Interest compounded and credited according to the terms of the CD

Interest Earned

Fixed interest rate and Annual Percentage Yield (APY).

Must maintain a daily $1,000 balance to earn interest.


Fees

Penalties for early withdrawal.