Interest rates are changing quickly in today’s financial environment.
To meet the needs of depositors looking for competitive rates and options, RockPointBank has the following CD promotion. Please call us if you are looking for a different term.
12-month CD with an initial rate of 5.00%
12-month CD with an initial rate of 5.00%
Annual percentage yield of 5.13%.
Interest is accrued daily and paid quarterly.
DISCLAIMER:
Annual Percentage Yield (APY) is accurate as of 8/15/2023 and applies to the initial term of the 12-month CD. The minimum balance and opening deposit requirement for the 12-month RockPoint CD is $25,000. A penalty may be imposed for early withdrawals. Fees may reduce earnings. Upon maturity, if the CD is renewed, it will renew to the standard 12-month fixed rate which may be lower than the rate at maturity.
