Forward Bank

Certificate of Deposit

You'll know what the expected return is and when you’ll receive it with Forward Bank!

Insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000 per individual
Automatically renewable
Rate tiers based on balance

Short term savings certificates, usually 3-6 months, offer you the fastest, readiest access to your money

If you have a long-term outlook, our CDs with maturities of 3-5 years reward you with the highest yields we have to offer
IRA Fixed and Roth available

Add to your CD during the term, bump up your rate to market rates once per term, withdraw funds from your CD
30 and 40 month terms available

Certificates of Deposit
Description	Minimum to Open	Interest Rate	APY**	Minimum to Earn APY**
3 Month CD	$5,000	0.15	0.15	$5,000
		0.25	0.25	$10,000
6 Month CD	$500	0.25	0.25	$500
		0.30	0.30	$10,000
		0.35	0.35	$25,000
1 Year CD	$500	0.48	0.48	$500
		0.53	0.53	$10,000
		0.58	0.58	$25,000
13 Month CD***	$5,000	1.00	1.00	$5,000
2 Year CD	$500	0.68	0.68	$500
		0.73	0.73	$10,000
		0.78	0.78	$25,000
3D-CD (30 Mo.)*	$1,000	0.85	0.85	$500
		0.90	0.90	$25,000
3 Year CD	$500	0.63	0.63	$500
		0.68	0.68	$10,000
		0.73	0.73	$25,000
3D-CD (40 Mo.)*	$1,000	0.85	0.85	$500
		0.90	0.90	$5,000
4 Year CD	$500	0.83	0.83	$500
		0.88	0.88	$10,000
		0.93	0.93	$25,000
5 Year CD	$500	0.90	0.90	$500
		0.95	0.95	$10,000
		1.00	1.00	$25,000