Limited time offer. Rate is only available for existing or new Private Checking account holders.
Open with as little as $500
Enjoy the flexibility of a short-term CD
Earn guaranteed returns
At Webster Bank, you have access to a team of experts who take a holistic approach to your financial well-being by leveraging Webster Bank’s comprehensive financial solutions and expertise.
Webster Bank will take the time to understand your unique needs and work with you to help you achieve your personal financial goals.
Annual Percentage Yields (APYs) are accurate as of 09/28/2023.
1Private 7-Month CD. To earn the stated APY above, you must either have an existing Private Checking^ account or open a new one at the time the Private 7-month CD is opened. If you do not have a Private Checking account at the time of opening the CD, you may open a standard 7-month CD account at an APY of 5.00%. Promotional APY is subject to certain terms and conditions. Client must deposit at least $500 to open the account. The minimum balance requirement to earn the stated APY is $500. The APY assumes interest remains on deposit until maturity. In the event of withdrawal before stated maturity, an early withdrawal penalty will be imposed. A withdrawal will reduce earnings. This offer can be revoked by Webster Bank at any time.
^Private Checking. Minimum opening deposit of $25 is required. You can avoid the $30 monthly maintenance fee by keeping $25,000 in checking or $50,000 combined deposit balances, including CD's, OR $100,000 in investment balances (Please note: it can take 14 days for balances of new or previously unlinked LPL accounts to be included). Private Checking earns interest and is a tiered rate product. The APY on balances between $0 and $49,999 is 0.01%, balances between $50,000 - $99,000 is 0.01%, balances between $100,000 - $249,000 is 0.01%, balances between $250,000 - $499,999 is 0.01%, balances $500,000 or greater is 0.01%. The APY is subject to change at any time. Fees may reduce earnings.