Add On Certificate of Deposit
- Lock in a competitive interest rate and have the flexibility to make additional deposits.1
- Low $500 minimum deposit requirement ($99,000 maximum deposit)
- Competitive interest rates
- Interest is compounded on a daily basis and credited on a monthly basis
- Interest posted to the account can be withdrawn penalty-free or transferred to another Amalgamated account
- Customer is given ten calendar day grace period to make changes to their CD
- If no changes are made, the entire balance in the CD will automatically renew at the prevailing rate of interest and at bank's option a different term.
- FDIC insured
Click here for a complete list of fees and account details.
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1 Additional deposits made to this account must be $500 or more, and may be made up to seven (7) days before maturity. Total dollar amount of additional deposits may not exceed the dollar amount of the initial deposit.