CD Specials

Returns worth celebrating.

When it comes to putting your money to work, you now have more options.

Traditional savings and money market accounts are a great way to generate interest on the money you stick away, but thanks to rising rates, now is the best time in years to check out our Certificate of Deposit (CD) options.

With our easy CD products, simply deposit your cash with us and let it sit for a locked-in period at a locked-in rate. Your money will earn more money during the term thanks to our competitive interest pricing — meaning you’re generating hands-free income with minimal risks.

Here’s the hard part — deciding whether our 7-month or 13-month CD is right for you.


7-month CD Special*

You can’t go wrong with this new deposit special designed to get you max return without long-term wait. With a 5 percent interest rate, this brand-new option gives you our best savings returns and the flexibility to either renew at market rate at maturity or take your returns and reinvest in either a new CD or traditional savings account.

No tricks, no hidden fees. Just more return and less waiting.

Certificate of Deposit Interest Rate Annual Percentage Yield (APY)^
7-month CD at SimplyBank 5 percent 5.10 percent


13-month CD Special*

If you’re looking to make a little more for your money, our new 13-month CD is the perfect fit for you. With a 4.75 percent interest rate, keep your money in this timed account a little longer and pocket more return because of it.

More returns for your hard-earned deposits, less worrying.

Certificate of Deposit Interest Rate Annual Percentage Yield (APY)^
13-month CD at SimplyBank 4.75 percent 4.83 percent


Ready to put your money to work with a new SimplyBank CD?

Now is a great time to act — our retail team is ready to help answer any questions you have and to open your new CD today. Call your local branch or come by any of our convenient locations to get started.

More celebrating your gains. Less hassle.


Sign me up for a CD special.

[first and last]
I'm looking to deposit around(Required)
I already have accounts at SimplyBank.(Required)
I really prefer to be
SimplyBank has permission to contact me and/or send me communication
[required to proceed]





^The Annual Percentage Yield (APY) is current as of April 24, 2023, and is subject to change without notice. Fees could reduce the earnings on an account. Minimum balance of $1,000 is required to obtain the advertised APY on Certificates of Deposit. Interest must be compounded for entire term to earn advertised APY on Certificate of Deposit. A substantial penalty may be imposed for early withdrawal.

*Minimum opening deposit of $1,000 required. Interest will be compounded quarterly** to the certificate. Early withdrawal penalties may apply and fees may reduce earnings. For additional rate, fee and cost information, please refer to account disclosure statement. Accounts will be automatically renewed at maturity. You have a grace period of ten (10) calendar days after the maturity date to withdraw your funds without being charged a penalty. After the account is opened, you may not make deposits into or withdrawals from the account until the maturity date.

**Additional options are available for the compounding and payment of interest on your account. Non-compounding options will reduce APY. Please call us at 423-567-7265 or email us at for more information.

Go Paperless! Go Green!

Lost/Stolen ATM Card?

If your ATM/Debit card is lost or stolen, call 423-567-SBNK immediately. After hours, please call 855-775-8400 to receive immediate assistance.