CDs (Certificates of Deposit)

Jumpstart your Savings with a Certificate of Deposit

Lock in a guaranteed rate for a term of your choice and watch your money grow! A certificate of deposit (CD) is a special savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years. In exchange for leaving your money untouched for the agreed-upon term, you earn a fixed interest rate that is typically higher than a traditional savings account. This means you know exactly what your return will be from day one.

Every financial journey is unique. Whether it’s just a few months or up to a few years, take advantage of the higher interest rates combined with the safety and security of FDIC insurance. Let's find the right CD to help you reach your specific goals.

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Connect with a Personal Banker to discuss CD terms and rates today!

Need More FDIC Insurance? CDARS is for Deposits of More than $250,000

Depositors with amounts larger than $250,000 can enjoy full FDIC insurance coverage, combined with the convenience of your community bank, one CD rate and one simple bank statement. CDARS is a registered service mark of Promontory Interfinancial Network, LLC, and is ideal for deposits ranging from $250,000 to millions of dollars.

See How Much Your CD Can Grow With Different CD Interest Rates

*The figures entered on the input page of this CD calculator are for hypothetical purposes only. You should enter figures that are appropriate to your individual situation. The results provided by this CD interest rate calculator are also intended for illustrative purposes only and accuracy is not guaranteed.  

CD interest rates are traditionally higher than traditional savings account interest rates. CDs provide a customizable, reliable, and low-risk savings plan. Certificate of Deposit accounts offer fixed interest rates and are paid out at a CD maturity date chosen by you. CDs are the best savings account for those wanting high savings interest rates and do not need access to their funds for a set term. Let Decorah Bank & Trust help you save more, without the risk!

Start Earning Higher Interest 

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