Luther Burbank Savings CD Rates: Top Rate at 5.25% APY

Luther Burbank Savings CD rates are really high on the bank's two special certificates of deposit. The highest CD rates are on Luther Burbank Savings' 13-month special CD at .525% APY. Current 7-month special CD rates are at 5.00% APY. Both CD terms have a minimum opening deposit of $1,000. Read more about Luther Burbank Savings CD rates and compare this bank's rates with other rates below.

Luther Burbank Savings Special CD Rates

7-Month Special CD

  • Minimum Opening Deposit: $1,000
  • APY: 5.00%
  • Interest Rate: 4.81%
  • 13-Month Special CD

  • Minimum Opening Deposit: $1,000
  • APY: 5.25%
  • Interest Rate: 5.05%
  • Other Financial Products

    Premier Money Market

  • APY: 0.50%
  • Minimum Deposit: $10,000
  • High End Checking

  • APY: 0.05%
  • Minimum Deposit: $0
  • Important Information

    Annual percentage yield (APY) is accurate as of 09/27/2023. For both the 7-Month and 13-Month Special CDs, they are fixed rate, fixed term accounts. Early withdrawal penalties and fees may apply. Upon maturity, the special rate CDs will automatically renew at the standard CD interest rate. Rates are subject to change, and this is a limited-time offer. Business accounts are excluded.

    Account Opening Requirements

    Federal law mandates financial institutions to collect and verify information for identity confirmation when opening an account. This will include your name, address, date of birth, Social Security number or TIN, and possibly other identification like a driver's license.

    About Luther Burbank Savings

    Based in California, Luther Burbank Savings specializes in boutique banking experiences. Operating since 1983, the bank serves customers in California and Washington, offering personalized services tailored to each individual's financial needs.

    Customer Experience

    At Luther Burbank Savings, the focus is on building meaningful relationships based on trust and personalized financial expertise. The aim is to provide customers with the resources, support, and time they need to secure their financial future.

    Note: For more details on personal information collection, consult the full CCPA Policy. Accounts opened online are subject to California Law.

    See how Luther Burbank Savings CD rates stack up against the rates available today to find the best CD rates available.

     
    Author: Brian McKay
    October 10th, 2023

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