CDs & IRAs

Make greater strides toward saving for your future.

Certificates of Deposit

Commit to saving for a designated period of time with an account that guarantees both principal and interest.

  • A wide range of terms to match your savings goals from three months to five years available
  • Deposits are fully insured

Effective Date: Saturday, December 21, 2024

CDs (Rate Table)
TermAPY*
3 Months1.00%
6 Months1.50%
12 Months2.00%
18 Months2.00%
24 Months2.00%
30 Months2.00%
36 Months2.00%
48 Months2.00%
60 Months2.00%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously. For IRAs, the minimum balance required to open the account and obtain the APY is $100.00.

Effective Date: Saturday, December 21, 2024

CD Special (Rate Table)
TermAPY*
4 Months4.00%
14 Months3.75%

*Annual percentage yield (APY) subject to change. Minimum deposit $1,000. Offer may be withdrawn at any time. A penalty will be imposed for early withdrawal. See Disclosure Statement for more information. 4 Month CD not eligible for an IRA.

Effective Date: Saturday, December 21, 2024

Add-On CD Special (Rate Table)
ProgramTermAPY*Actions

ADD-ON CD Special

17 Months3.70%

How to Open - ADD-ON CD Special

* 3.70% Annual Percentage Yield (APY) for 17 months.  Customer has the option to make additional deposits to the CD at any time over the term of the CD.  Additional deposits must be at least $500. $1,000 minimum to open. Penalty for early withdrawal equivalent to 12 months of interest. Interest is compounded continuously and posted monthly. At maturity, automatically renews at the current Dean Bank 12-month CD rate offered at time of renewal, unless otherwise directed by the customer.  Fees could reduce earnings.  Offer is limited and subject to change without notice.  This product also available as a Retirement Special. 

Individual Retirement Accounts

Save now to set yourself up for a more comfortable retirement. It’s never too early – or too late – to find ways to maximize earnings.

  • 12-month to 60-month terms available
  • Tax advantages (consult your tax professional)
  • Deposits are fully insured

Effective Date: Saturday, December 21, 2024

IRAs (Rate Table)
TermAPY*
12 Months2.00%
18 Months2.00%
24 Months2.00%
30 Months2.00%
36 Months2.00%
48 Months2.00%
60 Months2.00%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously.

Effective Date: Saturday, December 21, 2024

IRAs (Rate Table)
TermAPY*
14 Months3.75%

*Annual Percentage Yield (APY) assumes interest and principal remain on deposit for one year. A withdrawal will reduce earnings. Interest is credited on the last business day of the month. A penalty will be imposed for early withdrawal from a Certificate of Deposit. Fees could reduce earnings of the account. For certificates with terms up to 1 year, the minimum balance required to open the account and obtain the APY is $500.00, and the account pays simple interest. For certificates with terms of 1 year or more, the minimum balance required to open the account and obtain the APY is $500.00, and the interest is compounded continuously.

Effective Date: Saturday, December 21, 2024

* 3.70% Annual Percentage Yield (APY) for 17 months.  Customer has the option to add on the CD at any time over the term of the CD.  Additional deposits must be at least $500. $1,000 minimum to open. Penalty for early withdrawal equivalent to 12 months of interest. Interest is compounded continuously and paid monthly. At maturity, automatically renews at the current Dean Bank 12-month CD rate offered at time of renewal, unless otherwise directed by the customer.  Fees could reduce earnings.  Offer is limited and subject to change without notice.