Add stability to your long-term investment strategy with Seattle Bank's certificates of deposit (CDs). Each offers a guaranteed return that scales with the length of your term.1 Plus, you can access tax advantages2 for even greater savings.
Details
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Certificates of Deposit
- Interest rate is fixed for duration of term1
- Interest compounded daily, paid quarterly
- Interest payment options: deposited to a Seattle Bank checking or savings account, or reinvested in the CD
- Terms range from 3 months to 5 years
- Automatic renewal unless instructed otherwise
- Penalty assessed for early withdrawal
- Credited interest can be withdrawn without penalty
- $1,000 minimum deposit to open
Individual Retirement Accounts (IRA)
- Traditional and Roth IRA options available
- Tax advantages to build your balance2
- No setup or closing fees
- No annual maintenance or plan fees
- $1,000 minimum deposit to open
- Interest rate is fixed for duration of term
- Interest compounded daily, paid quarterly
- Terms range from 3 months to 5 years
- Penalty assessed for early withdrawal
- 10-day grace period upon maturity
- Yearly contribution can be added to existing IRA CD
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Set Up Your CD Account Online Via Originate
Thanks to Originate, setting up your CD account online is easy, convenient, and secure. Use our self-service portal to safely upload documents, add funds, include beneficiaries, and e-sign. Set up your CD account through Originate today.
1Interest is compounded daily and credited to the account quarterly on Certificates of Deposit accounts. The Annual Percentage Yield (APY) calculated assumes interest remains on deposit until maturity. An early withdrawal penalty may be imposed if funds are withdrawn prior to maturity. Refer to account disclosures for additional terms and conditions.
2Consult a tax advisor.