An add-on CD provides all the benefits of a traditional CD but also allows you to make additional deposits whenever you’d like. By adding additional funds to BankFive’s 2-Year Investment CD throughout its term, you can reach your savings goals faster. This unique add-on CD is a great way for Massachusetts and Rhode Island savers to build up their nest eggs, and it’s a safe investment as well. Because all BankFive CDs are covered by both FDIC and DIF insurance, your initial balance and all your additional deposits are fully protected, even if they exceed the standard FDIC limit of $250,000.
Save more with flexible deposits:
$100 minimum deposit required to open account
Additional deposits can be made at any time with as little as $10
Add funds electronically through Online Banking, make a deposit at one of our 13 convenient branch locations, or via ATM
Open in-branch or online
No monthly maintenance fees
Rate remains fixed for the full 2-year term
*APY – Annual Percentage Yield. Penalty for early withdrawal. Rate may change at end of term. Fees may reduce earnings. Rates effective 12/7/2023.
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