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Certificates of Deposit (CD)

Round out your financial portfolio with a risk-free investment. CDs offer guaranteed returns at fixed rates so you can plan your finances. When your term is up, simply cash out or roll your funds over into another CD to keep earning competitive interest.

Summary
  • Choice CD 
    • $1,000 minimum deposit required to open account and earn interest
    • Opportunity to make as many deposits as you wish of $100.00 or more
    • Ability to make one, penalty-free withdrawal over the 12 month term of your CD
    • Increase your rate once over the 12 month term of your CD
    • Substantial penalty for early withdrawal (after first withdrawal per term). Certain restrictions apply.
  • 36 Month Raise Your Rate CD
    • $1,000 minimum deposit required to open account and earn interest
    • Opportunity to make as many deposits as you wish of $100.00 or more
    • Increase your rate once over the 36 month term of your CD
    • Penalty for early withdrawal applies
  • Regular CDs 
    • $2,500 minimum deposit required to open account and earn interest
    • No-risk investment option
    • Competitive fixed rates
    • Maximum flexibility with terms ranging from 3 months to 5 years
    • Penalty for early withdrawal applies
  • Platinum CDs
    • $10,000 minimum deposit required to open account and earn interest
    • Platinum Checking account required
    • No-risk investment option
    • Competitive fixed rates
    • Maximum flexibility with terms ranging from 3 months to 3 years
    • Penalty for early withdrawal applies

The Dime Bank is not accepting Certificates of Deposit from financial institutions or brokers and reserves the right to refuse any CD money from business entities and individuals who do not enjoy a full banking relationship with The Dime Bank.

 

With the Certificate of Deposit Account Registry Service, or CDARS, customers can access multi-million-dollar FDIC insurance on CDs through The Dime Bank. Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.