Certificates of Deposit

Help Your Money Grow

For customers with long-term savings needs, Highland Bank offers fixed rate Certificates of Deposit with terms between 91 days to 60 months.*

  • Minimum opening deposit of $1000 (for regular CDs)
  • Minimum opening deposit of $500 (for IRA CDs)
  • FDIC insured
  • CD Terms Ranging from 91 days to 60 months

View Rates

View Our Current CD Rates

Competitive rates, a range of terms, and flex options make our CDs a great choice for savers who want to earn interest.

Effective: February 20, 2024

SAVINGS CERTIFICATES COMPOUNDING & CREDITING FREQUENCY INTEREST RATE ANNUAL PERCENTAGE YIELD1 EARLY WITHDRAWAL PENALTY
NEW MONEY SPECIAL2 – 9 MONTH MATURITY 5.22% 5.25%

3 Months interest on amount withdrawn

NEW MONEY SPECIAL2 – 17 MONTH ANNUALLY AND AT MATURITY 5.23% 5.25%

8 Months interest on amount withdrawn

NEW MONEY SPECIAL2 – 25 MONTH ANNUALLY AND AT MATURITY 4.25% 4.25%

12 Months interest on amount withdrawn

NEW MONEY SPECIAL2 – 40 MONTH ANNUALLY AND AT MATURITY 4.24% 4.25%

20 Months interest on amount withdrawn

SPECIAL3 – 9 MONTH MATURITY 4.87% 4.90%

3 Months interest on amount withdrawn

SPECIAL3 – 17 MONTH ANNUALLY AND AT MATURITY 4.88% 4.90%

8 Months interest on amount withdrawn

SPECIAL3 – 25 MONTH ANNUALLY AND AT MATURITY 4.05% 4.05%

12 Months interest on amount withdrawn

SPECIAL3 – 40 MONTH ANNUALLY AND AT MATURITY 4.04% 4.05%

20 Months interest on amount withdrawn

   91 DAY MATURITY  0.75%   0.75%

3 Months interest on amount withdrawn

 182 DAY MATURITY  1.35%   1.35%

3 Months interest on amount withdrawn

12 MONTH ANNUALLY AND AT MATURITY  1.50%   1.50%

6 Months interest on amount withdrawn

18 MONTH ANNUALLY AND AT MATURITY  1.50%   1.50%

9 Months interest on amount withdrawn

24 MONTH ANNUALLY AND AT MATURITY  1.55%   1.55%

12 Months interest on amount withdrawn

36 MONTH ANNUALLY AND AT MATURITY  1.55%   1.55%

18 Months interest on amount withdrawn

48 MONTH ANNUALLY AND AT MATURITY  1.35%   1.35%

24 Months interest on amount withdrawn

60 MONTH ANNUALLY AND AT MATURITY  1.40%   1.40%

30 Months interest on amount withdrawn

1The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). We use the average daily balance method to calculate interest on your account. This method applies a daily periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. Fees may reduce earnings.

2 Annual Percentage Yield (APY) is accurate as of February 20, 2024. Offer subject to change without notice. Minimum balance of $2,500 needed to open with a minimum of 50% new funds not on deposit for prior 90 days with Highland Bank needed to obtain APY. No maximum deposit limit. No public or institutional funds. Penalty for early withdrawal. Automatically renewable at closest regular term; 182 day, 12 month, 24 month, or 36 month term and APY. Interest paid annually and at maturity. The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). We use the average daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the average daily balance in the account each day. Fees may reduce earnings. IRA accounts are eligible for CD special rates.

3 Annual Percentage Yield (APY) is accurate as of February 20, 2024. Offer subject to change without notice. Minimum balance of $2,500 needed to open to obtain APY. No maximum deposit limit. No public or institutional funds. Penalty for early withdrawal. Automatically renewable at closest regular term; 182 day, 12 month, 24 month, or 36 month term and APY. Interest paid annually and at maturity. The Annual Percentage Yield (APY) assumes interest remains on deposit until maturity. A withdrawal will reduce earnings. Interest begins to accrue on the business day you deposit any non-cash item (for example, checks). We use the average daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the average daily balance in the account each day. Fees may reduce earnings. IRA accounts are eligible for CD special rates.


Questions?

Call Customer Service: 952-858-4888 or toll-free 1-877-457-1305, or email us at Customer Service.