CD Options

Stable, secure returns on your investment.

Rate Information

Border Bank offers competitive Certificates of Deposit (CD) rates on terms ranging from 3 months to 5 years. For current interest rates or more details, please contact your local Relationship Banker.

12 Month CD Special (Options12 CD) - 5.15% APY

One of our most popular products with even more savings potential than ever! The Options12 CD allows the one-time ability to change your rate and the ability to withdraw up to 50% of your current balance. In ADDITION to that - it also allows a ONE-time additional deposit to the CD less than or equivalent to the initial deposit. The Options12 CD really is a savers dream. A CD with creative saving abilities combined with great rates - that's our Options12 CD.

_{*APY is accurate as of 09/01/23. Limited time offer. Fixed rate CDs. $5000 is the minimum balance required to obtain the advertised 5.15% APY. Fees may reduce earnings on account. Penalty will or may be imposed for early withdrawal. You have the option during the original term of this account to exchange your interest rate for a new interest rate. The new interest rate will be the interest rate that the Bank is then offering on the equivalent Options12 CD product, provided you meet all other qualifying terms and conditions for this account. This exchange will be at no cost to you. If you make an exchange, the maturity date of this account will remain the same as originally scheduled. You may exercise this option once only during the original term. IRA and public money exempt from offer.}

7 Month CD Special - 5.15% APY

Limited time offer! If you're looking for a short-term CD with great saving potential, our 7 month CD may be right for you. It has maximum saving ability combined with a great rate! Contact us to open one today.

_{*APY is accurate as of 09/01/23. Limited time offer. Fixed rate CDs. $5000 is the minimum balance required to obtain the advertised 5.15% APY. Fees may reduce earnings on account. Penalty will or may be imposed for early withdrawal. At term, the CD automatically rolls over to our 6 month CD product. This is not an options product. IRA and public money exempt from offer.}

Smart Start CD

An alternative savings product designed for those who want to invest a smaller amount but with a higher interest rate than a savings account.

Fixed Rate CD

Enjoy a guaranteed return on your investment. CD's are safe, secure and a smart part of a diversified investment plan. Border Bank CD's offer varied interest rates and terms to allow greater investment flexibility.

Interest Payment Options

When it comes to saving money for the future, we offer a full range of fixed rate CD's to meet your needs. Interest is paid every six months. We offer three convenient interest payment options:

• Add the interest payment to the principal amount of your CD.
• Automatically deposit the interest to your Border Bank checking or savings account.
• Receive an interest check by mail.

Automatic Renewal

Your CD will automatically renew at maturity. However, you have a ten day grace period from the maturity date to withdraw the funds without penalty. You may change the term of your CD or make deposits or withdrawals during the grace period.

Early Withdrawal Penalty

An early withdrawal will reduce earnings and in some cases, reduce the principal amount.

CDARS

CDARS is the Certificate of Deposit Account Registry Service. It is an easy and convenient way to secure FDIC insurance for deposits over $250,000. Through CDARS, you can access multi-million-dollar FDIC insurance coverage on your CD deposits. Everything is handled through Border Bank, so you can work with people you already know and trust. To inquire about CDARS, please reach out to any of our bankers. 

For current interest rates or more details, please contact your local Relationship Banker.