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 offered do not apply to business accounts.
Rates are accurate as of 3/23/2023.
5.15%
APY
12-Month Term Certificate Of Deposit
APY-Annual Percentage Yield
5.02%
APY
High Yield Money Market Account
| Account | Minimum Deposit to Open | Minimum Daily Balance to Obtain Annual Percentage Yield (APY) | Details | Interest Rate | APY |
|---|---|---|---|---|---|
| CFG High Yield Money Market Online and In Branch* | $1,000 | $1,000+ | May add deposits at anytime, no check writing privileges | 4.90% | 5.02% |
| 12 Month CD Online and In Branch | $500 | $500 | No additional deposits after initial deposit | 5.03% | 5.15% |
| 18 Month CD Online and In Branch | $500 | $500 | No additional deposits after initial deposit | 4.89% | 5.00% |
| 36 Month CD Online and In Branch | $500 | $500 | No additional deposits after initial deposit | 4.51% | 4.60% |
| 60 Month CD Online and In Branch | $500 | $500 | No additional deposits after initial deposit | 4.41% | 4.50% |
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
The deposit agreement may impose limits on the number of certain types of withdrawals and transfers you can make each month from your Money Market account. You may make no more than a total of six (6) automatic or preauthorized transfers, telephone transfers, Online Banking transfers, or payments from your account each month, including payments by checks, drafts, and debit cards to third parties. You can, however, make unlimited withdrawals in person at the bank, at an ATM or by mail. Violations of these transaction limits may subject the account to closure. See fee schedule for excessive transaction fee and other fees that may apply to your account.
For the first 30 days after initial funding, all deposits are placed on hold and unavailable for withdrawal.
*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 30 days after initial funding, all deposits are placed on hold and unavailable for withdrawal.
For Certificates of Deposit
No additional deposits are permitted after initial deposit. The minimum balance for all CDs is $500, and the maximum deposit is $500,000. Fees could reduce the earnings on the account. These accounts are subject to an early withdrawal penalty. All accounts are subject to a 7-day interest penalty if withdrawal occurs within 6 days of account opening.