Open a CD in iBanking and Get Our Best Rates!
You can now open deposit accounts within iBanking, National Iron Bank's online banking service. To celebrate this new level of convenience, we are offering a .125% APY* special bonus rate added to our current rates on certain CDs when you open the account in iBanking.
To open a CD account and get the bonus rate, login to iBanking and select the "Open an Account" tab to get started.
Features Content
- .125% APY* premium when you open through online banking
- Terms from 6 months up to 47 months
- No monthly service charge
Current Rates Content
Effective Date: Saturday, September 23, 2023
Product | Term | Balance Tiers | APY with Bonus | Compounding Frequency |
---|---|---|---|---|
181 - 364 Day CD | 6 Month | $0.00 - $999.99 | 0.000% | Monthly |
$1,000.00 - $9,999.99 | 0.175% | |||
$10,000.00 - $99,999.99 | 0.175% | |||
$100,000 or more | 0.175% | |||
12 - 23 Month CD | 1 Year | $0.00 - $999.99 | 0.000% | Monthly |
$1,000.00 - $9,999.99 | 0.175% | |||
$10,000 - $99,999.99 | 0.225% | |||
$100,000 or more | 0.225% | |||
24 - 35 Month CD | 2 Years | $0.00 - $999.99 | 0.000% | Monthly |
$1,000.00 - $9,999.99 | 0.175% | |||
$10,000.00 - $99,999.99 | 0.225% | |||
$100,000.00 or more | 0.225% |
*Account must be opened within iBanking, National Iron Bank's online banking service using the "Open an Account" tab to receive the .125% APY bonus rate. You must have an online banking service agreement and login creditials to open the account and qualify for the rate. Bonus CD rate applies to 6-Month, 12-Month, 24-Month or 36-Month CD terms only. All CDs based on balances of $1,000 or more. Minimum deposit of $1,000 required. Withdrawals before maturity will incur penalties, which may reduce earnings. The bonus .125% APY (Annual Percentage Yield) will be added to the current CD rate and applied 5 business days after account opening. Bonus APY is only applicable to the initial term of the CD. Offer may be withdrawn without notice. This offer cannot be combined with any other offer including the CD rate bonus for Iron Country Banking customers. Other terms and rates available without the promotion bonus.