CD Savings Account

Interested in applying now? Fill out the form below, and one of our specialists will reach out to you to help you with your application process.

Explore Our Competitive Terms & Rates

We offer a variety of CD terms with a competitive certificate of deposit interest rate. There are short and longer savings options and fixed rates of return. Check out our great rates here. Your deposits are FDIC insured.

Certificates of Deposit

Term: Certificates of Deposit Rate APY Minimum Deposit to Open
90 Day 3.68% 3.75% $250

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180 Day (6 months) 4.16% 4.25% $250

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1 Year (12 months) 4.88% 5.00% $250

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1 1/2 Years (18 Months) 4.88% 5.00% $250

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2 Years (24 Months) 4.40% 4.50% $250

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3 Years (36 Months) 4.40% 4.50% $250

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4 Years (48 Months) 4.40% 4.50% $250

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5 Years (60 Months) 3.20% 3.25% $250

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Fully Insured Deposits at Spring Bank

Spring Bank is an FDIC-insured bank, so you can rest assured that all deposits up to $250,000 are fully covered by the FDIC.

If you wish to make a deposit larger than the FDIC insured amount, we have options for checking, CDs, and money market accounts that can cover multi-million-dollar deposits through the IntraFi network.

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Schedule an Appointment

Ready to grow with us? Come in and talk to one of our account managers to see how we can help. You can open a checking account, apply for a loan, open an IRA account and much more. Use the form below to schedule an appointment:

Open Business Checking Account Online in New York

Have any questions? Stop by a branch or call us at (718) 879-5000.

Our Promise

We don’t take it lightly that you trust us with your money. When you become a Spring Bank Customer, you have direct access to our branch managers, lending teams and community partners. We believe you deserve this personal attention and every person on our team is committed to your financial health. In fact, the best part about working here is getting to know our customers and their families. You’ll soon find out that you are far from a number here. On the contrary, you become part of the Spring Bank Family. We can’t wait to get to know you.

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