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Benefits Include:

  • Guaranteed rates: Once your CD is opened, your interest rate within your chosen term is guaranteed, regardless of changes in the market.
  • Security: Your money is FDIC insured up to the maximum allowed by the law.1

Product details




You earn

Deposit eligibility

New money required?


7 months



2.77% APY*


$500 - $100,0002





How can we help you?

Open an account

Apply now


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Account Support


APY means Annual Percentage Yield. Rates effective as of February 9, 2023.  APY is subject to change without notice. Rate is fixed for the term at funding.

The Federal Deposit Insurance Corporation (FDIC) grants deposit insurance of $250,000 per account title. You may also qualify for more than $250,000 in FDIC coverage at Amalgamated Bank if you have single accounts, joint accounts, Individual Retirement Accounts and trust accounts.

Maximum opening deposit online is $100,000. Maximum opening deposit in-branch is $250,000.

3At the Bank’s option, the renewal term may be different from the original term of your Time Deposit; you will have ten calendar days after the maturity date to withdraw your funds without Bank penalty.

Early withdrawal penalties apply when you withdraw funds before the maturity date. If the amount of the penalty exceeds the amount of the accrued interest, we will deduct the excess penalty amount from the principal balance.

For more information regarding opening an account, click here to view our Consumer Account Opening Disclosure.