Limited-Time CD Offers
Jumbo CD
8-Month Term
Minimum opening deposit of $90,000
Standard CD
8-Month Term
Minimum opening deposit of $1,000
Super Jumbo CD
12-Month Term
Minimum opening deposit of $500,000
To get started, visit your local financial center or

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.
Limited-Time Offer
For a limited-time only, get a 8-Month Jumbo CD with an amazing rate of 4.15% APY*. Available at any Broadway Bank financial center today.
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
- 2.57% 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

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 three months or five years, we have a term and rate that's right for you.

Start with an opening balance that works for you.
Open with as little as $1,000 with a 8-Month Standard CD of 4.00% APY* or $90,000 if you choose to maximize your savings with a 8-Month Jumbo CD of 4.15% APY*.

Jumbo CD Rates and Terms
Term | Jumbo CD Annual Percentage Yield
|
Jumbo CD Minimum Opening Deposit
|
---|---|---|
3-month | 3.24% APY* | $90,000 |
6-month | 2.97% APY* | $90,000 |
8-month | 4.15% APY* | $90,000 |
12-month | 2.47% APY* | $90,000 |
18-month | 2.37% APY* | $90,000 |
24-month | 2.68% APY* | $90,000 |
36-month | 3.03% APY* | $90,000 |
60-month | 3.03% APY* | $90,000 |
Standard CD Rates and Terms
Term | Standard CD Annual Percentage Yield
|
Standard CD Minimum Opening Deposit
|
---|---|---|
3-month | 3.24% APY* | $1,000 |
6-month | 2.77% APY* | $1,000 |
8-month | 4.00% APY* | $1,000 |
12-month | 2.02% APY* | $1,000 |
18-month | 2.27% APY* | $1,000 |
24-month | 2.57% APY* | $1,000 |
36-month | 2.98% APY* | $1,000 |
60-month | 2.98% APY* | $1,000 |
Super Jumbo CD Rate and Terms
Term | Super Jumbo CD Annual Percentage Yield
|
Super Jumbo CD Minimum Opening Deposit
|
---|---|---|
12-month | 3.80% APY* | $500,000 |

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.
More Savings Options
Frequently Asked Questions - Certificate of Deposit Accounts
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.
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.