Amalgamated Bank

Business Certificates of Deposit

USAVE Time Deposit Account

What are the benefits to you?

  • Customers interested in long-term savings can earn a higher rate of interest
  • FDIC insured
  • Flexible term
  • Low $500 minimum deposit to open
  • Terms available from 7 days to 5years
  • Interest posted to the account can be withdrawn penalty-free or: transferred to another Amalgamated account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.

Jumbo Time CD

What are the benefits to you?

  • FDIC insured
  • Competitive interest rate
  • Short term options
  • Terms available from 14 days to 1 year
  • Interest credited to account at Maturity

Click here for a complete list of fees.

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