CDs
Looking for a secure way to grow your nest egg or fund a savings goal? With a low minimum deposit of $1,000 and interest rates that are higher than most savings accounts, a Certificate of Deposit (CD) from ABC Bank offers a safe and simple option for boosting your dollar—while keeping it local to Texas and Colorado.
How It Works
CDs are a timed deposit amount with set term lengths. When you open a CD, you agree to keep your deposit in your CD account for the duration of the term. In exchange for this commitment, ABC bank offers competitive interest rates that often beat the interest rates offered by traditional savings accounts.
- Choose the term length, deposit amount, and interest rate that works for your financial needs.
- Watch your savings grow through our online banking portal or mobile banking app.
- When your CD term length is over, you can choose to withdraw the funds, reinvest them in a new CD, or allow them to rollover into a CD of same term length (at the current market interest rate).
The Details
Minimum Opening Deposit: $1,000 for regular CDs, $100,000 for jumbo CDs
Monthly Service Charges: None
Term: One month to three years
Early Withdrawal Penalty: Yes
Save with Ease, Grow with Confidence at ABC Bank
At ABC Bank, we want to provide secure savings accounts that support your unique financial needs and savings goals. We offer a variety of options—each one customized for your benefit and designed to make saving easy and help your savings grow.
Have questions about an account or need help choosing one? Head to your nearest Texas ABC Branch in Addison, Austin, Lubbock, Wolfforth or one of our Colorado branches in Pueblo and Colorado Springs. You can also call us at 1-888-902-2552 or fill out a contact form.
