We are committed to consistently offering some of the most competitive CD and Money Market rates in the nation. Grow your money with CFG when you choose one of our favorable savings options. With some of the most competitive rates in the country, we’re here to help you succeed.
Rates are accurate as of 2/18/2025.
4.15%
APY
12-Month Term Certificate Of Deposit
APY-Annual Percentage Yield
4.32%
APY
Money Manager Plus Account
| Account | Minimum Deposit to Open | Minimum Daily Balance to Obtain Annual Percentage Yield (APY) | Interest Rate | APY | Details |
|---|---|---|---|---|---|
| Money Manager Plus | $1,000 | $1,000 | 4.23% | 4.32% | May add deposits at anytime, check writing allowed, and ATM/Debit card issued upon request |
| ICS Money Market | $250,000 | $250,000 | 3.85% | 3.92% | May add deposits at anytime, check writing allowed, and ATM/Debit card issued upon request |
| 12 Month CD Online and In Branch | $500 | $500 | 4.07% | 4.15% | No additional deposits after initial deposit |
| 18 Month CD Online and In Branch | $500 | $500 | 3.93% | 4.00% | No additional deposits after initial deposit |
| 36 Month CD Online and In Branch | $500 | $500 | 3.69% | 3.75% | No additional deposits after initial deposit |
| 60 Month CD Online and In Branch | $500 | $500 | 3.59% | 3.65% | No additional deposits after initial deposit |
| Business Interest Checking | $1,500 | $1,500 | 0.25% | 0.25% | – $1,500 minimum balance to avoid $10 fee. – $0.25 fee per transaction in excess of $1,000. – Interest credited monthly – interest will not be earned if daily balance falls below $1,500. |
| MAHT – Maryland Affordable | $100 | $100 | 3.22% | 3.27% | |
| IOLTA – Attorney Escrow | $100 | $100 | 3.22% | 3.27% | Recognized as an Honor Roll Bank by Maryland Legal Services Corp |
CFG Bank reserves the right to decline a request for a deposit account or for a deposit. Additional disclosures by account type below.
Annual Percentage Yield (APY)
Annual Percentage Yield (APY) assumes interest remains on deposit. Withdrawal of interest will reduce earnings. Fees could reduce the earnings on the account.
Money Market accounts
Minimum deposit to open this account is $1,000. You must maintain a minimum balance of $1,000 in the account daily to avoid a $10 service fee.
Minimum balance to obtain the posted APY is $1,000. The rates for the Commercial Money Market are variable and subject to change.
*Online High Yield Money Market accounts (No Check Writing Privileges)
Once funding occurs the daily external transfer limit for the CFG High Yield Money Market Account is $5,000. Your external transfers may not exceed $30,000 in a 30-day rolling period.
For the first 5 days after initial funding, all deposits are placed on hold and unavailable for withdrawal.
No check writing or debit card privileges are allowed with this account.
Account will remain in credits only status for 5 days.
Maximum initial funding amounts:
Plaid Funding – $500,000
ACH Funding- $5,000.00
For Certificates of Deposit
Minimum amount to open account is $500. A $500 minimum daily balance is required to obtain the Annual Percentage Yield (APY)*
No withdrawals may be made within the first 30 days. After 30 days no withdrawal penalties will be waived.
Maximum initial funding limit is $500,000. Funding sources available include ACH Funding and Plaid Funding.
Fill out the form below to get started or email our team at cashmanagement@cfg.bank.