Owen Branch

The Owen branch parking lot will be closed after business hours on July 12th through July 14th.

Pursue what's possible.

Skip to Content
Open an Account 800.205.0914 Locations Contact

Login

Certificates of Deposit

Start Saving Smarter

A Certificate of Deposit (CD) account from Prevail Bank is a great option to start saving more aggressively.

 

CDs offer you the opportunity to earn a better interest rate on your balance based on terms that you select. Rates are traditionally higher than you would earn in a traditional checking or savings account. You can start the process of opening a CD by completing our online inquiry.

* APY = Annual Percentage Yield

Open a Certificate of Deposit

 Certificate of Deposit
Minimum to Open

$1,000

Minimum Balance Required to Obtain APY

$1,000

Term6, 12, 18, 24, 36, 48, and 60-month
Specials9 and 19-month 
Account Renewal

Automatically renews at maturity

Check Our RatesView Rates

* We use the daily balance method to calculate the interest on your account. Earnings are compounded and paid quarterly and can remain in the CD or transferred to another Prevail Bank deposit account. The APY assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings. You will have 10 calendar days after maturity to withdraw funds without penalty. Early withdrawals before CD reaches full maturity may be subject to penalty and reduced earnings. Interest begins to accrue on the business day you deposit non-cash items (i.e. checks).

 

What You Should Know About Our CDs

  • 18-Month CD account offer you the ability to add $500 or more to your balance at any time during the life of the CD

Multi-Million Dollar Deposit Insurance Coverage Options

Prevail Bank is insured by the Federal Deposit Insurance Corporation (FDIC), which allows us the ability to guarantee the safety of your money within the FDIC guidelines.

If you are wanting to deposit funds over the FDIC limit of $250,000 per entity, we offer Certificate of Deposit Account Registry Service (CDARs) for CD balances and Insured Cash Sweeps (ICS) for Checking and Money Market balances that are in excess of the FDIC limits. Both CDARs and ICS allow depositors to work with Prevail Bank, who then partner with other participating CDARs and ICS Banks. These options make it easy for you by working with just one bank, one rate and one statement with all of your funds information. Learn more about our CDARs and ICS services by visiting the Intrafi Network website, by contacting a Prevail Bank Representative, or by watching our video below.

Intrafi Network of Deposits Video Tutorial

Calculate Your CD’s Value

Recommended for you:

Meet Our Home Lenders

Meet Our Home Lenders

Meet Our Home Lenders
Download our Mobile App

Download our Mobile App

Download our Mobile App
Personal Online Banking Education

Personal Online Banking Education

Personal Online Banking Education
Open an Account at Prevail Bank

Open an Account at Prevail Bank

Open an Account at Prevail Bank
Use Our Mortgage Qualification Calculator

Use Our Mortgage Qualification Calculator

Use Our Mortgage Qualification Calculator
Compare Our Personal Account Rates

Compare Our Personal Account Rates

Compare Our Personal Account Rates
Help

Please Select an Online Account

Mortgage Application Elan Credit Card Login