Washington Savings Bank 2.5 Yr CD
Washington Savings Bank
FDIC Insured
Annual Percentage Yield
0.50%
CD Term
2.5 Years
30 months
Minimum Deposit
$500
Example Earnings
Initial Deposit
$500
Term Length
2.5 Years
Interest Earned
+$6
Value at Maturity
$506
* Based on 0.50% APY compounded daily. Assumes no withdrawals before maturity.
Key Features
FDIC/NCUA Insured
Protected up to $250,000 per depositor
Fixed Rate
Guaranteed 0.50% for entire term
CD Details
Why Choose This CD?
Competitive Rate
Earn 0.50% APY, which is higher than the national average for 2.5 Years CDs.
Safe & Secure
Your deposit is FDIC insured up to $250,000, protecting your principal investment.
Predictable Returns
Lock in your rate for 2.5 Years and know exactly what you'll earn at maturity.
Rate verified: 10/8/2025
Quick Summary
APY
0.50%
Term: 2.5 Years
Min Deposit: $500
Type: Traditional
Insurance: FDIC
Pro Tip: CD Laddering
Consider opening multiple CDs with different maturity dates. This strategy gives you regular access to funds while maximizing your overall returns.
Similar CDs
Understanding CDs
How CDs Work
When you open a CD, you agree to keep your money deposited for a specific term. In return, the bank pays you a fixed interest rate that's typically higher than a regular savings account.
- • Fixed rate for entire term
- • FDIC/NCUA insured
- • Predictable returns
- • Early withdrawal penalties may apply
Is This CD Right for You?
CDs work best when:
- • You won't need the money before maturity
- • You want guaranteed, safe returns
- • You prefer fixed rates over variable
- • You're building an emergency fund