- Competitive, fixed rates
- Choose from two simple maturity terms
- No setup or maintenance fees
- Early withdrawals subject to penalty
- $25,000 minimum deposit to open
- view current Deposit Interest Rates
*APY = Annual Percentage Yield. Rates effective as of AUTO DATE UPDATE - DO NOT CHANGE and APYs accurate as of this date. Interest rates are set at the discretion of earn.bank. Fees may reduce earnings. Early withdrawal penalties may apply. All time deposits earn interest at a fixed rate. Fixed rate means that the interest rate in effect on the day that we open your time deposit remains fixed throughout the term of your time deposit. Your funds earn interest during the term of the account. Interest rates vary. Different rates may apply to different amounts or terms. Rates for new deposits may change daily. For terms of 28 days or more, we compound interest. We use the daily balance method to calculate the interest on your account. The daily rate is 1/365-or in a leap year, we may use 1/366-of the interest rate. This method applies a daily rate to the ledger balance in the account each day. We credit interest to your account monthly or disburse it to you according to the option you selected at account opening. Accrued interest does not reflect in an account until it has been credited to the account after nightly processing has been performed. Interest accrues daily and begins to accrue on the business day both cash and non-cash items are deposited to the account. The annual percentage yield that applies to your time deposit account assumes interest will remain on deposit until maturity. Withdrawals will reduce earnings and may subject you to an early withdrawal penalty. If the account is closed before interest is credited, including during the grace period, you will not receive the accrued interest. For additional information on product terms, refer to the Deposit Agreement and Regulatory Disclosures Booklet Terms and Conditions and Disclosure of Products.