Colorado Federal Savings Bank CD Rates

Colorado Federal Savings Bank CD rates are some of the highest CD rates currently available from any bank. The highest CD rates are on Colorado Federal Savings Bank's 12-month CD at 5.15%, 18-month CD rates are at 4.90% and 6-month CD rates are at 4.40%.

Colorado Federal Savings Bank (CFSB) offers two different Certificate of Deposit (CD) account options, regular CD accounts and a no Penalty CD account. Overall, Colorado Federal Savings Bank offers competitive CD rates that are straightforward, secure, and FDIC insured.

The bank offers a range of CD terms from 1 month to 5 years, with varying CD rates. Another benefit of Colorado Federal Savings Bank CD account is its low minimum deposit requirement of only $5,000 for both types of CD accounts. This makes it easier for customers to get started with a CD account and earn competitive interest rates on their savings.

Current Regular CD Rates at Colorado Federal Savings Bank (CFSB)

• 1 Month1.00%
• 2 Month 0.75%
• 3 Month 2.55%
• 6 Month 4.40%
• 12 Month 5.15%
• 18 Month 4.90%
• 24 Month 4.35%
• 36 Month 3.95%
• 60 Month 3.95%

Current No Penalty CD Rate at CSFB

• 11 Month 3.10%

Open a Colorado Federal Savings Bank CD Account

Colorado Federal Savings Bank (CFSB) CD Account Details

• The interest rate for your account will be paid until the maturity date of your certificate. The interest rate and annual percentage yield for each certificate of deposit offered by the bank is shown in the table below.
• Interest is compounded daily and will be posted to your account monthly.
• The minimum deposit to open your account is $5,000.00.
• You must maintain the minimum balance of $5,000.00 in the account each day to obtain the annual percentage yield shown in the table below. Colorado Federal Savings Bank reserves the right to close any account which falls below the posted minimum balance.
• The daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
• Interest begins to accrue on the day the bank receives the Automated Clearing House (ACH) transfer to open the account.
• After the account is opened, you may not make additional deposits into this account until the maturity date.
• The term of the certificate of deposit and the account opening date determines when the account will mature as shown in the table below.
• If you withdraw any of the principal before the maturity date, an early withdrawal penalty will be imposed as disclosed in the table below. All currently accrued but unposted interest will also be forfeited. Any penalty will be assessed first against posted interest, and any penalty in excess of posted interest will be deducted from the remaining account balance.
• The annual percentage yield assumes interest remains on deposit until maturity. A withdrawal will reduce earnings.
• The account will automatically renew at maturity. The bank will send you a notice forty-five (45) days prior to maturity and again at maturity. You will have ten (10) calendar days after the maturity date to withdraw your funds without being charged a penalty. Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the current rate in effect at the time of maturity.
• At redemption, funds will be returned to the original external account utilized to open the CD. You have to fund your CD from an account you intend on keeping open to reduce any delay in the return of your proceeds. If your funding account is closed, the bank will need to complete a verification of account between them and your new bank before the bank can Automated Clearing House (ACH) transfer your funds to your account. Colorado Federal Savings Bank does not issue checks to close online accounts.

CFSB Early Withdrawal Penalty

• 1 Month CD - 1 Month of Interest
• 2 Month CD - 1 Month of Interest
• 3 Month CD - 1 Month of Interest
• 6 Month CD - 3 Months of Interest
• 12 Month CD - 3 Months of Interest
• 18 Month CD - 6 Months of Interest
• 24 Month CD - 6 Months of Interest
• 36 Month CD - 6 Months of Interest
• 60 Month CD - 6 Months of Interest

Colorado Federal Savings Bank (CFSB) CD rates and CD accounts offer a great way for you to earn competitive interest rates on your savings while keeping their money secure and FDIC insured. To read more about or open a CD account go to https://www.coloradofederalbank.com/deposits