CD features include:
  • Automatic renewal on fixed certificates
  • Minimum balance to obtain the APY is $500
  • Terms ranging from 180 days to 60 months
  • Automatic monthly or annual transfer of CD interest to your online checking, savings, or money market accounts
  • 24-hour telephone banking
  • FDIC insured
  • A 0.25% rate reduction on personal loans, home equity loans and lines of credit1


View today's current interest rates.

Click for assistance, call (888) 248-6423, or visit the Banking Service Center for more information. The Banking Service Center provides the following links and documents: User's GuideForms Center, and Complete Disclosure Guide.

1Subject to credit review and loan approval. Excludes mortgages.

Certificate of Deposit Term APY* Get Started
6 Month Internet 0.05% Open Now
12 Month Internet 0.10% Open Now
18 Month Internet 0.10% Open Now
24 Month Internet 0.10% Open Now
30 Month Internet 0.10% Open Now
36 Month Internet 0.10% Open Now
48 Month Internet 0.10% Open Now
60 Month Internet 0.10% Open Now

Interest rates and annual percentage yields effective as of current date. Please see the Complete Disclosure Guide for additional details.


 
CD Account Disclosures
 

 

Conditions for all certificates of deposit:
  • Should you decide to withdraw a portion or all of your deposit before the end of the term, certain penalties will apply.
  • Your Flagstar Bank CDs are FDIC insured.
  • The minimum opening balance to obtain the APY is $500.
  • A fixed interest rate remains the same for the entire CD term.
  • Account fees could reduce earnings.
  • Not available for public units.
Transaction limitations:   
  • You may not make any additional deposits into your account before the CD matures.
  • You may make withdrawals of principal from your account, with penalty and before maturity, only if we agree at the time you request the withdrawal.
  • You may withdraw interest any time during the term after the interest is credited to your account.
A penalty may be imposed on amounts withdrawn before maturity. If the Certificate of Deposit has a term of:
  • 7 to 29 days — The penalty we impose will be 7 days of interest, whether earned or unearned.
  • 30 to 364 days — The penalty we impose will be 30 days of interest, whether the interest is earned or unearned.
  • 12 to 29 months — The penalty we impose will be 180 days of interest, whether the interest is earned or unearned.
  • 30 months or more — The penalty we impose is the greater of 180 days of interest, whether the interest is earned or unearned.

If your Certificate of Deposit is automatically renewable, we can prevent renewal if we mail notice to you at least 30 calendar days before maturity. If either you or we prevent renewal, interest will not accrue after final maturity. The interest rate will be the same as the rate that we offer on new Certificates of Deposit on the maturity date, which have the same term, minimum balance (if any) and other features as the original Certificate of Deposit.

Please see the Complete Disclosure Guide for additional details.

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