Funds will be individually divided and anonymously allocated to other banks while you receive just one statement managed by Bankers’ Bank. Promontory ensures that each deposit has access to unlimited FDIC insurance without any need for credit lines, collateralization, or transaction fees.
|12 Month CD||.30%|
|24 Month CD||.40%|
Enter your information, your deposit amount (Weekly Supply Maximum: $5M), and choose one of our rate/term options.
Enter your information, your deposit amount, and choose one of our rate/term options.
Upon submitting, the information will be reviewed and an agreement will be sent to the provided email for your review and electronic signature.
Upon signing and returning the agreement, please have the required funds in your Bankers’ Bank DDA account as soon as possible. Orders are processed every Wednesday and the funds will be withdrawn from your account the next day. The cutoff time each week will be Wednesday at 11am. Agreements returned after this time will be processed the following Wednesday.
Interest payments will be paid quarterly by default.
For more information, please contact us at CD@bankersbank.com