4.75% APY 12-Month CD Rates from CFG Bank

Community First Bank (CFG Bank) is offering some very competitive CD rates right now, especially on the bank's 12-month CD. CFG Bank CD rates on the bank's 12-month CD account are at 4.75% APY, one of the best 12-month CD rates available right now.

CFG Bank Clients have the ability to select from various CD options to match their investment goals and needs. The bank offers flexible CD terms ranging from 12 months to 5 years and a minimum deposit requirement of $500. Current CD rates from CFG Bank are listed below, as you can see just like the current yield curve with U.S. Treasuries, the longer you go out the lower the interest rate is on the CD.

CFG Bank CD Rates

12-Month CD 4.75% APY
18-Month CD 4.65% APY
36-Month CD 4.51% APY
60-Month CD 4.41% APY

Open a CFG Community Bank CD Account

CFG Bank offers competitive interest rates on its CDs which can change without prior notice. The bank provides the convenience of automatic renewal at maturity, meaning that the CD will automatically renew for the same term at the current interest rate. This is a great option for individuals who prefer to keep their investments in a fixed-term deposit.

Investing in a CD is a secure way for individuals to grow their savings without exposure to the risks associated with other investment options. CFG Bank is insured by the Federal Deposit Insurance Corporation (FDIC), providing depositors with peace of mind when it comes to the security of their funds. Clients have the choice of receiving their interest payments on a monthly, quarterly, semi-annual or at maturity basis, depending on their preference.

By choosing a CD at CFG Bank, Clients can ensure a fixed return on their investment for a set period of time. The bank's flexible terms and competitive interest rates make it an attractive option for individuals looking to grow their savings. With the assurance of FDIC insurance, depositors can feel confident that their funds are secure.

The bank's automatic renewal option at maturity is a convenient feature for those who prefer to keep their investments in a fixed-term deposit. The bank's commitment to providing Clients with a variety of CD options to match their needs and goals makes it an ideal choice for those looking to grow their savings.

In summary, CFG Bank's Certificates of Deposit offer depositors a secure and convenient way to grow their savings. With flexible terms, competitive interest rates, and automatic renewal options, CFG Bank's CDs are a great option for those looking to achieve their investment goals. Open an account on CFG Bank's website: https://www.cfg.bank/personal-banking/personal-deposit-rates.

Author: Brian McKay
February 5th, 2023

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