Certificate of Deposit

60-Month Bump Up Certificate of Deposit

Your rate can get a bump! Increase your rate one time during your CDs term. There is a starting rate of 2.78% APY (Annual Percentage Yield). The rate increase is limited to one change during the initial term only. A $500 minimum deposit is required to open the account. There may be a penalty for an early withdrawal. 

12-Month Fixed Rate CD

Want to play it safe? Consider our 12 month fixed rate CD set at 2.12% APY (Annual Percentage Yield). A $500 minimum deposit is required to open the account. There may be a penalty for an early withdrawal. Available through August 31, 2018.

12-Month T-Bird, Trailblazer or Badger CD

Local college football fans appreciate our annual sports CD special. You pick the team. The interest rate increases 5 basis points with each win. There is a bonus for a division/conference championship, with an additional bonus for a win at at a post-season invitational/bowl game. See the rules and team schedules. Available through August 31, 2018.

Certificate TermEarly Withdrawal Penalty DaysInterest Compounding
1 Month30Monthly
3 Month30Quarterly
6 Month30Semi-Annually
12 M Sports30Quarterly
12 Month30Quarterly
18 Month90Quarterly
24 Month90Quarterly
36 Month180Quarterly
48 Month180Quarterly
60 Month180Quarterly
View CD Rates


Certificate of Deposit Terms

  • Minimum Opening Deposit: $500

  • 10-Day Redemption Grace Period after Maturity: All CDs at SBSU have a grace period of 10 calendar days after maturity during which the owner may redeem it without incurring a withdrawal penalty.

  • Automatic Rollover: CDs that are not redeemed automatically roll to a CD of the same term after the grace period. The interest rate adjusts to the current rate at the time.

  • Direct Transfer of Interest: Transfer your interest payments to an SBSU checking or savings account. This feature is available on all CDs at no charge. Interest transfers match the CD's compounding schedule.

  • Early Withdrawal Penalty: A penalty may apply with an early withdrawal from a CD (see above table). Penalty may affect principal in some cases.

  • FDIC Insurance: Depositors at SBSU are insured by the FDIC up to $250K per depositor per ownership category. Talk to our New Account Representatives about ways to multiply FDIC insurance well above $250K.

  • Interest Accrual: Interest accrues daily but compounds according to the schedule associated with each CD (see above table). "Compounding" means that accrued interest is added to principal. If you close the account before the interest compounds, SBSU pays the accrued interest less any applicable withdrawal penalty.

  • Add on Feature: You may add money at any time to regular and Jumbo CDs with a 12-month term (sports CDs excluded).