Flex-Rate Certificate of Deposit (CD)

With Seattle Bank's Flex Rate CD, you have the option to increase your interest rate once during the term. This CD gives you that one opportunity to say, "boost my rate" at no additional cost.

Summary

• Interest compounded daily, paid quarterly; see our rates page for current rates
• Minimum opening deposit of $1,000
• Fixed interest rate with option to bump up to the current posted rate one time during the term
• 18 month term
• Interest paid by check, deposited to a Seattle Bank account, or reinvested in the CD
• Automatic renewal unless instructed otherwise
• Penalty assessed for early withdrawal