Certificate of Deposits

Amalgamated's Certificate of Deposits offer long- and short-term options with a fixed interest rate to grow your funds and help you save for what matters.

Choose the CD right for you

Open an account with just a minimum deposit of $500.

How can we help you?

^* APY means Annual Percentage Yield. Rates effective as of 11/08/2024. APY is subject to change without notice. Rate is fixed for the term at funding.

¹ At 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.

² 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. Please be advised that a request to close a Certificate of Deposit may take up to two business days following the day of request for all new customers. No withdrawals will be allowed during this time. A new customer is considered new if each customer on the account has not had a prior relationship with the bank within the last 30 calendar days.

³ There is a maximum opening deposit capability of $249,999.99 if CD account is opened online, if opened in branch there is no opening deposit restrictions. 

⁴ 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.

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

All accounts subject to Bank’s Account Opening Disclosures. Fees may reduce earnings on accounts.