Starting with a high rate; Have 2 chances to bump-up
Gift of a Swarovski pen when you open $18,000+ 2-year CD
For more information please contact our customer service representative.
Jumbo 12 month CD1
Minimum Balance Requirement
Ask us about our 2,3,4 and 5 Year Jumbo CD Rates.
Certificates of Deposit (CD)
We offer Certificates of Deposit (CDs) with a variety of terms. It is a great way to maximize your returns to meet your personal savings goals when you don’t need immediate access to your funds.
Advantages of Abacus CD products include:
Competitive interest rates guaranteed.
No monthly maintenance fee.
Variety of CD options from 91 days to 5 years to meet your needs.
Convenient automatic renewal.
Earn steady interest at a higher rate than most regular savings accounts.
Low minimum deposit to open and maintain most accounts.
Standard Fixed Rate Certificates of Deposit (CDs)*
With a minimum of $1,000 you can earn competitive rates on terms from 91 days to 5 years.
Annual Percentage Yield (APY)*
*Annual Percentage Yields (APYs) stated are effective as of 04/03/2017, are offered at Abacus Bank’s discretion, and are subject to change without notice. There is a substantial penalty for early withdrawals, including the value of the gift chosen. The value of all gifts will be considered as interest on your account for tax purposes in the first year the account is opened. A 1099-INT statement for the value of the gift (including applicable sales tax, shipping and handling costs) will be issued for the year of gift redemption. The gift will be provided on the same day when the account is opened at the one of Abacus Bank locations. Abacus Bank reserves the right to make gift substitutions of comparable value and assumes no liability for any defects in, or consequential damages relating to gift items. Minimum deposit of $1,000 is required to receive and earn the disclosed APY for the term of the CD. Offer applies only to new money for existing Abacus customers and not to transfers from existing account(s) at Abacus Bank. New customers need to open a checking or savings account with Abacus Bank to qualify for this CD promotion. For CDs with trade-up rate provisions, the following terms apply: 1) Option to trade up two times after initial 12 month period, 2) Only one trade-up every 12 months, 3) each trade-up requires an additional deposit and visit to a Bank branch. Rate change option will be the prevailing rate for the Bank’s standard CD whose term is closest to the term of the original CD. It may take up to 10 days for rate change to become effective. Speak with an Abacus Bank representative for more information. 1 Annual Percentage Yields (APYs) stated are effective as of 04/25/2017 and may be changed by the bank at any time. Minimum deposit of $50,000 is required to receive and earn the disclosed APY for the term of the CD. Applies only to new money for existing Abacus customers and no transfers from existing account(s) at Abacus Federal Savings Bank. New customers need to open a checking or savings account with Abacus Federal Savings Bank to qualify for this CD promotion. Interest rates and offer subject to change at any time without notice. Early withdrawal penalty fees apply and may reduce earnings. Speak with an Abacus bank representative for more information. 2 APY stands for Annual Percentage Yield. Annual Percentage Yields (APYs) stated are effective as of April 01,2016 and may be changed by the bank at any time without notice. Early withdrawal penalty fees apply and may reduce APY. For standard CDs, a $1,000.00 minimum balance is required to earn annual percentage yield. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings. The interest rate will be fixed for the term of the account. Interest rates and offer subject to change at any time without notice. Speak with an Abacus bank representative for more information.