Annual Percentage Yield (APY) is accurate as of 3/1/23, and applies to the initial term of a new CD or CD special opened online at bannerbank.com. Banner's Best Checking account owners earn a bonus rate of 0.25% on all CD rates. Minimum balance required to open the 9-month CD special is $50,000, and interest compounds daily and is credited to the account at maturity. For all other CDs, minimum balance required to open is $2,500, and interest compounds daily and is credited to the account every three months. During the initial term of the 17-month and 36-month CD, you have a one-time “Bump Rate” option to request that the CD’s interest rate be increased to the rate currently being offered by Banner Bank on CDs that match the CD’s original term. On the first maturity date of your account, your CD will change from a promotional CD to a Fixed Rate CD. The CD will renew automatically at maturity; you may withdraw principal without penalty for 10 days following maturity. A penalty will be imposed for withdrawals before maturity. Public funds are not eligible for the bonus rate. Additional restrictions may apply.