Colonial’s Certificates of Deposit (CDs) offer competitive fixed rates and flexible terms to fit your financial goals. Whether you’re saving for a big purchase or planning for the future, our CDs provide guaranteed returns and peace of mind.
Check out our competitive CD rates! Our financial experts are ready to help you save with the type that's best for you.
$1,000 minimum to open*
| Type* | Interest Rate *** | APY* (based on monthly compounding) |
|---|---|---|
| 32 - 89 days | 0.62% | 0.62% |
| 90 - 179 days | 2.50% | 2.53% |
| 6 months | 3.00% | 3.04% |
| 11 months** | 4.25% | 4.33% |
| 12 months | 3.25% | 3.30% |
| 13 months | 3.60% | 3.66% |
| 36 months | 1.37% | 1.28% |
| 60 months | 1.12% | 1.13% |
* Promotional Certificate of Deposit products do not qualify for rate bump. Substantial penalty for early withdrawal of principal from certificate of deposit accounts. APY = Annual Percentage Yield.
** Minimum CD deposit of $10,000. New CD deposits only; existing Colonial Savings deposits or accounts cannot be transferred to the Colonial Advantage CD offer. Rate is current as of September 2024.
*** Contact banking centers for more information.
$100,000 minimum to open*
| Type* | Interest Rate *** | APY* (based on monthly compounding) |
|---|---|---|
| 32 - 89 days | 0.62% | 0.62% |
| 90 - 179 days | 2.50% | 2.53% |
| 6 months | 3.00% | 3.04% |
| 11 months** | 4.25% | 4.33% |
| 12 months | 3.25% | 3.30% |
| 13 months | 3.60% | 3.66% |
| 36 months | 1.37% | 1.38% |
| 60 months | 1.12% | 1.13% |
*Promotional Certificate of Deposit products do not qualify for rate bump. Substantial penalty for early withdrawal of principal from Certificate of Deposit accounts.
** Minimum Jumbo deposit of $100,000. New Jumbo deposits only; existing Colonial Savings deposits or accounts cannot be transferred to the Colonial Advantage Jumbo offer. Rate is current as of September 2024.
*** Contact banking centers for more information.
Your total regular contribution for a taxable year is limited to the lesser of 100% of earned income or the contribution amount below:
If you are at least 50 years old by the close of the taxable year, you may make a $7,500 catch-up contribution. Note: Contribution limits are an aggregate of traditional and Roth IRAs.
| Term | Interest Rate ** | APY |
|---|---|---|
| 6 months | 3.00% | 3.02% |
| 11 months*** | 4.25% | 4.26% |
| 12 months | 3.25% | 3.25% |
| 13 months | 3.60% | 3.60% |
| 36 months | 1.37% | 1.37% |
| 60 months | 1.12% | 1.12% |
| Term | Interest Rate ** | APY |
|---|---|---|
| 6 months | 1.12% | 1.12% |
| 12 months*** | 3.25% | 3.25% |
*The interest rate and APY may change after account opening. Rates are current as of September 2024.
**Contact banking centers for more information.
***11-month IRA requires minimum deposit of $10,000. New deposits only; existing Colonial Savings deposits or accounts cannot be transferred to the 11-month IRA.
† It is in your best interest to consult a tax professional to determine IRA eligibility and contribution amounts.
APY = Annual Percentage Yield
Please Note: We are not currently accepting out of state IRA Deposits.
“All the ladies at Colonial in Colleyville are friendly, caring, and service friendly. I highly recommend this bank!”
Ruth E.
“It is so refreshing to be a customer of a business that is so concerned with customer service. From someone answering the phone and not getting a phone tree, to being greeted at the front door, to employees truly there for you. I highly recommend Colonial Savings.”
Susan D.
