Certificate of Deposits are great if you want to earn interest without worrying about the funds. Set the money in the CD and let it grow with Academy Bank. Interest is compounded and credited quarterly for investment terms of 13 months or longer.
Open your CD account by calling (855) 237-6990.
1Annual Percentage Yield (APY)
A minimum opening balance of $500 is required to obtain the disclosed annual percentage yield. A fixed interest rate is earned on the entire balance. The Annual Percentage Yield (APY) shown is accurate at of 10/03/23. CD rates are subject to change at any time and are not guaranteed until CD is opened. Fees charged to the account could reduce earnings on the account.
There are penalties for withdrawing funds before the set term. The amount depends on the length of the CD account term:
• 7 - 91 Days: 60 days loss of interest
• 92 - 182 Days: 182 days loss of interest
• 183 days - 60 Months: 1 year loss of interest
• 60 Months: 2 years loss of interest
This Academy Bank account can be used to invest your IRA or ESA. Member FDIC