Certificate of Deposit (CD)

Let's get your money working for you—up to 3.56% APY* with a 9-month CD special.

When you need to earn as much interest as possible with your money—and can leave it alone in the account—with a CD you’ll be rewarded with a high return on your insured savings with a fixed interest rate for the term.
Visit a branch to open an account
Earn even more with our CD Specials
Lock in a great rate with our current CD Specials. Choose from four offers ranging from 7 to 36 months. Open a CD online today with $2,500 or more.
View CD Offers
Get the best rate with Banner's Best Checking
As a Banner's Best Checking account owner earn 0.25% over posted rates on all CD rates, including our CD specials.

Banner's Best Checking Details

Best for:

  • Earning higher yields
  • Savings with unchanging interest rates
  • Clients who can leave money in the entire term

With Every Banner Bank Savings Option, you'll get:

With a Certificate of Deposit, you’ll also get:

hand putting a coin in a piggy bank
  • Competitive Interest Rate
    Interest is compounded daily and credited as determined by the account term.
  • Variable Terms
    Choose a term for your CD that’s right for you—from 3 months up to 60 months.♠
  • High Returns
    Certificates of Deposits provide a high return with a fixed interest rate for the term.
  • No Monthly Charge
    Enjoy no monthly service charge for a CD account.
  • Minimum Opening Balance
    Open a standard CD with a minimum of $2,500.
  • Automatic Renewal
    CD will automatically renew in the same CD term upon maturity, unless otherwise noted.
  • Flexible Withdrawal Date
    You will have up to 10 calendar days from the CD maturity date to withdraw funds without penalty
  • Bank Anywhere, Anytime
    Access your accounts from your desktop, tablet or smartphone with online and mobile banking and Bank-By-Phone.‡

What is a CD and CD laddering?

CD is short for certificates of deposit and are available at different minimum deposits, interest rates and terms. A CD ladder is opening a series of CDs with different maturity dates.
Understanding CDs and CD Ladders
Access the Deposit Account Agreement and Personal Accounts Schedule of Fees.
View the Personal Certificate of Deposit Product Guide.
*
Annual Percentage Yield (APY) is accurate as of 5/1/26 and applies to the initial term of a new Banner Bank CD. Current Banner's Best Checking account owners earn 0.25% over posted rates on all CD rates. Banner’s Best Checking accounts must be active at CD renewal to receive 0.25% over posted rates. Minimum balance to open a CD is $2,500. CDs 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. Additional restrictions may apply. On the first maturity date after the promotion ends, your 9-month CD will change from a promotional CD to a standard 6-month fixed rate CD. For the 7-month and 9-month CD specials, interest compounds daily and is credited to the account at maturity.  For the 13-month and 36-month CD special, interest compounds daily and is credited to the account every three months from opening. For the 36-month CD special, during the initial term 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 the 36-month promotional CD, the CD will change to a Standard 36-month Fixed Rate CD. 
♠
Early withdrawal penalty varies by term. Consult a Banner Bank Representative for details.
‡ 
Message and data rates may apply. May require authentication, registration, and/or activation.