Certificates of Deposit

Our Business CDs are attractive savings tools, offering competitive rates, a range of maturity options, and flexible features that allow you to add to or withdraw portions of your funds.

• Lock in your interest rate for one month up to five years
• Low $500 minimum to open
• FDIC Insured
• Quarterly statement (monthly for deposit customers with a combined statement)
• Penalty for early withdrawal of funds prior to the maturity date
• You may make not make additional deposits into this account
• Automatic renewal
• May be used as collateral for a loan

CDARS - FDIC insured up to $50 million

We also participate in a Certificate of Deposit Account Registry Service® (CDARS), an organization of banks within a deposit-matching network, which allows us to insure deposits of more than $250,000 by placing them in FDIC-insured accounts within our network.  Learn more

FDIC

The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the U.S. government. The FDIC protects you against the loss of your deposits if an FDIC-insured financial institution fails. FDIC insurance is backed by the full faith and credit of the United States. USAA Federal Savings Bank is a member of the FDIC. For additional information, please refer to the FDIC website.