Limited-Time CD Offers 

Standard CD
4.33% APY*

6-Month Term

Minimum opening deposit of $1,000

Jumbo CD
5.10% APY*

6-Month Term

Minimum opening deposit of $90,000

Super Jumbo CD
5.30% APY*

12-Month Term

Minimum opening deposit of $500,000

To get started, visit your local Financial Center or

Call (800) 531-7650

Compare Additional Rates and Terms

Certificate of Deposit (CD) Accounts

CDs can earn higher yields and provide guaranteed returns on the dollars you save. We offer flexible terms and rates. You can choose the level of commitment that's right for you and your savings goals.

Open a new account

Get personal service from a banker at your nearby Broadway Bank Financial Center or call our Customer Service Call Center at (800) 531-7650 to open your account.

Find a Financial Center

Limited-Time Offer

For a limited-time only, get an 6-month Jumbo CD with an amazing rate of 5.10% APY*. Available at any Broadway Bank financial center today.

Find a Financial Center

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Two Year Step-Up CD

Our Two Year Step-Up CD gives you the power to increase your return with two rate increases during the CD term.  

  • 24-month term
  • 1.26% APY*
  • The minimum opening deposit is $1,000
  • The maximum opening deposit is $1,000,000
  • If our rates increase, you can request an increase to your rate, twice within the term
The rate may change after the account is opened.
two friends talk about their savings plans

Savings that meets your needs on your timeline.

At Broadway Bank, we want to make sure you find a CD option that works best for your unique needs. Whether your goal is to save for six months or five years, we have a term and rate that's right for you.

a mother and a father open a certificate of deposit

Start with an opening balance that works for you.

Open with as little as $1,000 with a Standard CD or $500,000 if you choose to maximize your savings with a Super Jumbo CD.

a young woman checks her savings CD balance on her phone
Jumbo CD
Annual Percentage Yield
Jumbo CD
Minimum Opening Deposit
6-month 5.10% APY* $90,000
12-month 4.55% APY* $90,000
18-month 2.80% APY* $90,000
24-month 1.77% APY* $90,000
36-month 0.40% APY* $90,000
60-month 0.50% APY* $90,000
The minimum opening deposit amount on a Jumbo CD is $90,000.

Standard CD
Annual Percentage Yield
Standard CD
Minimum Opening Deposit
6-month 4.33% APY* $1,000
12-month 3.93% APY* $1,000
18-month 2.28% APY* $1,000
24-month 1.26% APY* $1,000
36-month 0.40% APY* $1,000
60-month 0.50% APY* $1,000
The minimum opening deposit amount on a Standard CD is $1,000.

Super Jumbo CD
Annual Percentage Yield
Super Jumbo CD
Minimum Opening Deposit
12-month 5.30% APY* $500,000
The minimum opening deposit amount on a Super Jumbo CD is $500,000.

A Broadway Bank Financial Center

Open a new account.

Get personal service from a banker at your nearby Broadway Bank Financial Center or call our Customer Service Call Center at (800) 531-7650 to open your account.

Find a Financial Center

More Savings Options

Money Market Account

Money Market

Individual Retirement Account (IRA)

Learn More

Savings Account

Learn More

Frequently Asked Questions - Certificate of Deposit Accounts

A Certificate of Deposit, commonly known as a CD, is a financial product offered by Broadway Bank. It is a type of time deposit that allows individuals to save money for a fixed period of time at a fixed interest rate.

When you open a CD, you agree to deposit a specific amount of money with Broadway Bank for a predetermined length of time, known as the term or maturity period. The term can range from a few months to several years. In return, Broadway Bank pays you interest on your deposit. The interest rate is typically higher than what you would receive on a regular savings account because you are committing to keep the money in the CD for the agreed-upon term.

There are several advantages to investing in a Certificate of Deposit:

  • Security: CDs are considered a low-risk investment because they are insured by the FDIC.
  • Predictable returns: The interest rate on a CD is fixed for the entire term, providing you with a predictable return on your investment.
  • Higher interest rates: CDs generally offer higher interest rates compared to regular savings accounts, making them attractive for savers who want to earn more on their money.
  • Disciplined saving: Since the funds in a CD are locked for a specific period, it can help you avoid impulsive spending and encourage disciplined saving.

While CDs have their advantages, there are a few points to consider:

  • Limited access to funds: With a CD, you cannot withdraw your money before the maturity date without paying an early withdrawal penalty. Therefore, if you need access to these funds in an emergency, a CD may not be the best option.
  • Fixed interest rates: While fixed interest rates provide stability, they can be a disadvantage if interest rates rise significantly during your CD's term. You could miss out on the opportunity to earn higher interest on your money.
  • Inflation risk: If the inflation rate exceeds the interest rate on your CD, the purchasing power of your money may erode over time.

Yes, but it typically comes with a penalty. If you withdraw money from a CD before its maturity date, you will usually incur an early withdrawal penalty. The penalty amount varies depending on the specific terms of the CD. It's important to carefully consider your financial needs and the potential penalties before deciding to withdraw funds prematurely.

To invest in a Certificate of Deposit, simply follow these steps:

  • Open the account: Visit your nearest Broadway Bank Financial Center to open the CD account. You will need to provide identification and complete the necessary paperwork. Determine the length of time (term) for which you want to keep the funds in the CD.
  • Deposit funds: Transfer the desired amount of money into the CD account.
  • Receive confirmation: Once the CD is opened, you will receive a certificate or statement confirming the details of your investment.

When a Certificate of Deposit reaches its maturity date, you have several options:

  • Renew: You can choose to renew for the same term at the current rate or renew the CD for another term.
  • Withdraw funds: You can withdraw the principal amount plus any accrued interest.
  • Change terms: You may be able to change the terms of the CD, such as the term length or the interest payment frequency, upon maturity.

It's important to be proactive and communicate with Broadway Bank before the maturity date to ensure you make an informed decision.

*APY is the Annual Percentage Yield. The Annual Percentage Yield is accurate as of . A penalty may be imposed for early withdrawal. Interest will not be compounded for certificates with terms of less than one year. For certificates with terms of one year or greater, interest will be compounded quarterly. Rates may vary based on your location. Subject to change without notice.


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