Certificates of Deposit (CDs)

Grow and protect what you've worked so hard to earn. Fixed rates and terms ranging from 1 week to 5 years. 

Earn interest and enjoy FDIC coverage while you save

  • Rates are guaranteed for the term1
  • FDIC insurance on covered deposits2 
  • Also available as IRA CDs with the same rates and terms

Things to Know about MB CDs

  • Balances in your MB CD can help waive the monthly service charge on your MB Signature Checking account
  • Terms less than 3 months, interest is paid at maturity
  • Terms over 3 months, quarterly compounding; interest is paid quarterly 
1 Penalties apply for early withdrawal. Fees may reduce earnings. Please refer to the Personal Banking Customer Fee Schedule (PDF). Minimum $1,000 to open.
2 Your deposits are insured by the FDIC up to the maximum limits allowed by law, which is at least $250,000. You're also eligible for additional insurance if your accounts are held in different categories of ownership.