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Earn while you save with a Certificate of Deposit
Let your money work for you by opening a U.S. Bank® Certificate of Deposit (CD) today.
CDs your way
CDs through U.S. Bank are designed to help you save simply. You choose how much to save and for how long. Options and benefits include:
- Flexible term length – from three months to five years
- $500 minimum deposit to open a standard CD; or a $1,000 minimum deposit for CD Specials, Step Up CDs and Trade Up CDs
- Your rate is guaranteed for the length of the term
- All CDs are FDIC-insured up to the maximum allowed by law1
Choose the CD that works for you
CD Special
Considered the most competitive U.S. Bank CD, CD Specials come complete with promotional rates and great returns.
Benefits include:
- Guaranteed rate for the duration of your term
- Flexible term limits
CD Laddering
Spreads your money over multiple CDs with varying terms, providing more frequent access to portions of your money.
Benefits include:
- Guaranteed rate of return
- Staggered maturity dates
Standard CD
The standard CD can be opened easily with flexible terms and a locked-in interest rate.
Benefits include:
- Lower minimum deposit compared to CD Special
- Guaranteed rate for the duration of your term
Trade Up CD
With the Trade Up CD, take advantage of higher interest rates during your term.
Benefits include:
- Locked-in, higher rate one time during your initial term
- Ability to choose between 30-month and 60-month terms
Step Up CD
The Step Up CD has an interest rate that increases throughout the CD term.
Benefits include:
- Rates go up every seven months for 28 months
- Rates are locked in when you open your account, so you know how much your increases will be
Get more out of your retirement plan
Retirement CD
This low-risk, fully funded account is easily opened on your time
Benefits include:
- Guaranteed returns with locked-in interest rates
- Get the tax benefits of an IRA
Retirement CD Special
With this account, grow your money tax-free or tax-deferred.
Benefits include:
- Guaranteed returns with locked-in interest rates
- The tax benefits of an IRA
Retirement Step Up CD
Here, the regular rate increases and your savings receive IRA tax benefits.
Benefits include:
- Rates that increase every seven months for 28 months
- The tax benefits of an IRA
Retirement Trade Up CD
Get more out of your retirement savings with a one-time rate increase.
Benefits include:
- Locked in a higher rate one time during your initial term
- 30-month and 60-month terms
Questions?
An agent can help
A State Farm® agent can provide you with information to help you choose the right products and options. With thousands of agents throughout the U.S., chances are there’s one near you.
Explore personal banking products
Deposit products offered by U.S. Bank National Association. Member FDIC.
1 The Federal Deposit Insurance Corporation ("FDIC") insures deposits up to $250,000 per depositor per account ownership type. For more information about FDIC Insurance coverage, visit www.fdic.gov.