Certificates of Deposit
With terms as short as one month all the way up 10 years, our certificate of deposit accounts are perfect for a range of CD savings goals.
Lock in a great rate to save today.
Whether you’re looking to earn more in the short term or are able to save for the long haul, our wide range of certificates of deposit can meet your financial needs. Our bankers can lock you into a guaranteed rate that offers higher returns and zero market risk—just choose your terms and start earning.
Want to earn even more? Maintain $5,000 or more in combined checking, savings, and money market accounts for preferred rates.1
KEY ACCOUNT FEATURES:
- Competitive yields
- Maturities from 7 days to 10 years
- Low minimum opening deposit of $500
- Preferred CD rates are available by keeping $5,000 or more in CD returns, savings, and money market accounts2
- FDIC insured
- Automatic renewal on fixed certificates
- Automatic monthly or annual transfer of CD interest to your checking, savings, or money market accounts
- 24-Voice Phone Banking Call (888) 248-6423
CD Return Rates
| Certificate of Deposit Term | APY* |
|---|---|
CD Term 49 Month Certificate of Deposit |
APY* 1.00% |
CD Term 30-89 Day Certificate of Deposit |
APY* 0.05% |
CD Term 90-179 Day Certificate of Deposit |
APY* 0.05% |
CD Term 180-364 Day Certificate of Deposit |
APY* 0.05% |
CD Term 12-17 Month Certificate of Deposit |
APY* 0.15% |
CD Term 18-23 Month Certificate of Deposit |
APY* 0.15% |
CD Term 24-29 Month Certificate of Deposit |
APY* 0.20% |
CD Term 30-35 Month Certificate of Deposit |
APY* 0.20% |
CD Term 36-47 Month Certificate of Deposit |
APY* 0.20% |
CD Term 48-59 Month Certificate of Deposit |
APY* 0.30% |
CD Term 60-71 Month Certificate of Deposit |
APY* 0.40% |
CD Term 72-83 Month Certificate of Deposit |
APY* 0.40% |
CD Term 84-95 Month Certificate of Deposit |
APY* 0.40% |
CD Term 96-107 Month Certificate of Deposit |
APY* 0.40% |
CD Term 108-120 Month Certificate of Deposit |
APY* 0.40% |
CD Return Rates
| Certificate of Deposit Term | APY* |
|---|---|
CD Term 49 Month Certificate of Deposit |
APY* 1.00% |
CD Term 30-89 Day Certificate of Deposit |
APY* 0.05% |
CD Term 90-179 Day Certificate of Deposit |
APY* 0.05% |
CD Term 180-364 Day Certificate of Deposit |
APY* 0.05% |
CD Term 12-17 Month Certificate of Deposit |
APY* 0.15% |
CD Term 18-23 Month Certificate of Deposit |
APY* 0.15% |
CD Term 24-29 Month Certificate of Deposit |
APY* 0.20% |
CD Term 30-35 Month Certificate of Deposit |
APY* 0.20% |
CD Term 36-47 Month Certificate of Deposit |
APY* 0.20% |
CD Term 48-59 Month Certificate of Deposit |
APY* 0.30% |
CD Term 60-71 Month Certificate of Deposit |
APY* 0.40% |
CD Term 72-83 Month Certificate of Deposit |
APY* 0.40% |
CD Term 84-95 Month Certificate of Deposit |
APY* 0.40% |
CD Term 96-107 Month Certificate of Deposit |
APY* 0.40% |
CD Term 108-120 Month Certificate of Deposit |
APY* 0.40% |
CD Return Rates
| Certificate of Deposit Term | APY* |
|---|---|
CD Term 49 Month Certificate of Deposit |
APY* 1.00% |
CD Term 7-29 Day Certificate of Deposit |
APY* 0.05% |
CD Term 30-89 Day Certificate of Deposit |
APY* 0.05% |
CD Term 90-179 Day Certificate of Deposit |
APY* 0.05% |
CD Term 180-364 Day Certificate of Deposit |
APY* 0.05% |
CD Term 12-17 Month Certificate of Deposit |
APY* 0.10% |
CD Term 24-29 Month Certificate of Deposit |
APY* 0.20% |
CD Term 36-47 Month Certificate of Deposit |
APY* 0.20% |
CD Term 48-59 Month Certificate of Deposit |
APY* 0.30% |
CD Term 60-71 Month Certificate of Deposit |
APY* 0.40% |
CD Term 72-83 Month Certificate of Deposit |
APY* 0.40% |
CD Term 84-95 Month Certificate of Deposit |
APY* 0.40% |
CD Term 96-107 Month Certificate of Deposit |
APY* 0.40% |
CD Term 108-120 Month Certificate of Deposit |
APY* 0.40% |
CD Term 121-144 Month Certificate of Deposit |
APY* 0.80% |
CD Return Rates
| Certificate of Deposit Term | APY* |
|---|---|
CD Term 7-29 Day Certificate of Deposit |
APY* 0.05% |
CD Term 49 Month Certificate of Deposit |
APY* 1.00% |
CD Term 30-89 Day Certificate of Deposit |
APY* 0.05% |
CD Term 90-179 Day Certificate of Deposit |
APY* 0.05% |
CD Term 180-364 Day Certificate of Deposit |
APY* 0.05% |
CD Term 18-23 Month Certificate of Deposit |
APY* 0.15% |
CD Term 24-29 Month Certificate of Deposit |
APY* 0.20% |
CD Term 30-35 Month Certificate of Deposit |
APY* 0.20% |
CD Term 36-47 Month Certificate of Deposit |
APY* 0.20% |
CD Term 48-59 Month Certificate of Deposit |
APY* 0.30% |
CD Term 60-71 Month Certificate of Deposit |
APY* 0.40% |
CD Term 72-83 Month Certificate of Deposit |
APY* 0.40% |
CD Term 84-95 Month Certificate of Deposit |
APY* 0.40% |
CD Term 96-107 Month Certificate of Deposit |
APY* 0.40% |
CD Term 108-120 Month Certificate of Deposit |
APY* 0.40% |
CD Term 121-144 Month Certificate of Deposit |
APY* 0.80% |
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Interest rates and annual percentage yields effective as of 5/30/2020. Please see Disclosures for additional details.
Interest rates and annual percentage yields effective as of 5/30/2020. Please see Disclosures for additional details.
1Excludes promotional rates.
2Subject to loan approval. Excludes mortgages.
CONDITIONS FOR ALL CERTIFICATES OF DEPOSIT:
If you decide to withdraw a portion or all of your deposit before the end of the term, certain penalties will apply.
All Flagstar CDs are FDIC insured.
Minimum opening balance is $500.
Account fees could reduce earnings.
Not available for public units.
Minimum balance to obtain the APY is $500
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 179 days — The penalty we impose will be 30 days of interest, whether the interest is earned or unearned.
180 to 364 days — The penalty we impose will be 90 days of interest, whether the interest is earned or unearned.
12 to 35 months — The penalty we impose will be 180 days of interest, whether the interest is earned or unearned.
36 months or more — The penalty we impose will be 365 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.