Skip to main content
Close

Before you go

You are about to leave flagstar.com. Flagstar is not responsible for the content on other sites.

Earn more with our CD special.

5.50%APY1

7-month certificate of deposit

$500 minimum to open

New money only

Icon of person talking to another person

Talented Bankers

Ready to help

Icon of pin representing location

Nearly 400 Branches

in Arizona, California, Florida, Indiana, Michigan, New Jersey, New York, Ohio, and Wisconsin

Get Started

Open an account online

Apply at your local branch

7-Month CD

1Annual Percentage Yield (APY). 5.50% APY is accurate as of 6/14/2024. 7-month term available. Fees could reduce earnings. Withdrawals may result in imposition of applicable early withdrawal penalties. $500 minimum opening deposit required. Maximum deposit is $10,000,000. Funds currently deposited in accounts at Flagstar Bank are not eligible for the promotional interest rate. Additional deposits not allowed during CD term. Not available for public units. Certain restrictions may apply. Offer subject to change or cancellation at any time without notice. Cannot be combined with any other CD offer. Must present offer at account opening. Limited-time offer. Area restrictions may apply. Please contact your local branch for more information.

2Not all devices supported. Available for eligible personal and business deposit account customers only.

Flagstar Bank, 102 Duffy Avenue Hicksville, New York 11801