CFG Bank CD Rates: 5.25% APY 12-Month Term (Nationwide)

Find the latest CFG Bank CD Rates, Offers, and Promotions here.

Update 7/26/24: The 12 month rate has slightly decreased a bit, but CFG still offers one of the highest rates for their 12 month term.

Best CD Rates: 5.25% APY 12-Month Term, $500 min/$250k max deposit.

Availability: Nationwide

Credit Inquiry: Soft Pull

Editor’s Note: CFG Bank also has the High Yield Money Market which is one of the highest rates in the country.

About CFG Bank

CFG Bank was founded in 1927, when La Corona Building and Loan Association, Inc., was formed to meet the financial needs of Highlandtown and East Baltimore residents. While the name of the bank has changed since 1927, they are  still committed to providing products, services and solutions that you need, all with a level of professionalism that assures a lasting relationship built on trust.

They have a wide array of products to meet your individual needs and are proud to be a financial institution that can serve all your financial needs, and care about how those needs are met.

You can fund your account using ACH from another bank account. Plus you have unlimited beneficiaries with equal shares, Social Security numbers required.

*The above rates are accurate as of 7/26/2024*

CFG Bank CD Rates

An IRA is a tax-deferred retirement account for an individual that permits individuals to set aside money each year. Usually the longer of a term, the higher APY rate you make. The interest is compounded and credited monthly which can be withdrawn at any time by ACH, check, or monthly transfer.

With a low minimum deposit of $500, you can invest in a CFG  Bank IRA account to maximize your earnings. If you’re interested in making a higher rate than a traditional savings account, make sure to check out our CD rates below.

• Minimum deposit: $500
• Maximum deposit: $250,000
• Early withdrawal penalty: 180 days, with partial withdrawals allowed.

(FDIC Insured)

CFG Bank CD Features

• Online Banking
• Bill Pay
• Visa Debit Card
• e-Statements
• Direct Deposit
• Access to nearly 29,000 ATMs through our CO-OP ATM network
• Monitor your account with Alerts
• Telephone banking through Account24
• Mobile Banking

Bottom Line

With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. Take advantage of a low required minimum balance of just $500 and earn their competitive rates with CFG Bank. Your matured funds can be withdrawn via ACH, cashier’s check, or internal transfer to a CFG Bank savings account. They will give you a 10 calendar days grace period before automatic renewal.

This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.

However, you may want to compare them with our best CD Rates:

• 6-Month CD Rates
• 9-Month CD Rates
• 12-Month CD Rates
• 18-Month CD Rates
• 24-Month CD Rates
• 36-Month CD Rates
• 48-Month CD Rates
• 60-Month CD Rates
• No Penalty CD Rates

Check back often for the latest CFG Bank CD rates!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.