Shape Plain Capital Certificate of Deposit (CD) Accounts

Did you know?

A CD typically earns higher interest than a traditional savings account
A CD offers a fixed rate of return over a specific period of time Investing in a CD provides a guaranteed return on your investment
Compare CD options Featured CD account Fixed Term CD account Flexible CD account
Minimum opening deposit $1,000 $1,000 $1,000
FDIC insured? Deposits are insured by the FDIC up to $250,000 per depositor. Deposits are insured by the FDIC up to $250,000 per depositor. Deposits are insured by the FDIC up to $250,000 per depositor.
Term

Choose from multiple options:
7 month to 37 month.

See available terms and rates

Choose any term:
28 days to 10 years.
These products will automatically renew for the same term.

See available terms and rates

Open a 12 month term online.
Annual percentage yield (APY)
0.11–4.05%Footnote[1]
depending on balance and term

 0.03–4.00%Footnote[2]
depending on balance and term

 3.51–3.51%Footnote[3]
depending on balance and term
Auto Renewal

 At maturity, 7, 10, 13, 25 and 37 Month Featured CDs will automatically renew into a 3 Month Flexible CD unless you make a change during the 7-day grace period. The current APY on the 3 Month Flexible CD is 0.10%. Your rate will be determined at maturity. See Deposit Rate Sheet for more detail about the APY.

At maturity, Fixed Term CDs renew into Fixed Term CDs of the same term length unless you make a change during the 7-day grace period.

 At maturity, a 12 Month Flexible CD will automatically renew into a 3 Month Flexible CD unless you make a change during the 7-day grace period. The current APY on the 3 Month Flexible CD is 0.10%. Your rate will be determined at maturity. See Deposit Rate Sheet for more detail about the APY.
Additional deposits allowed?

No additional deposits until maturity

No additional deposits until maturity

No additional deposits until maturity
Early withdrawal penalty?

An early withdrawal penalty applies to any withdrawal you request outside of the grace period, which begins on the maturity date of your CD. If your account has not earned enough interest to cover an early withdrawal penalty, we deduct any interest first and take the remainder of the penalty from your principal. For more detail about the penalty calculation and how grace periods are determined, see
Deposit Agreements and Disclosures and
Deposit Rate Sheet.

An early withdrawal penalty applies to any withdrawal you request outside of the grace period, which begins on the maturity date of your CD. If your account has not earned enough interest to cover an early withdrawal penalty, we deduct any interest first and take the remainder of the penalty from your principal. For more detail about the penalty calculation and how grace periods are determined, see
Deposit Agreements and Disclosures and
Deposit Rate Sheet.

We will waive the early withdrawal penalty except in connection with any withdrawals you request within the first 6 days of the account term (or the first 6 days following any partial withdrawal). See
Deposit Agreements and Disclosures and
Deposit Rate Sheet for more detail about the penalty calculation.

Get more details about our CDs

Other savings accounts available

Everyday savings
A more flexible account with faster access to cash

Learn more about Shape Plain Capital Advantage Savings accounts†

Retirement planning
Consider an IRA to help maximize your returns

Learn more about IRAs
Get a fixed rate — without a long-term commitment

Why choose a Featured CD from Shape Plain Capital?

A predictable return
    With a $1,000 deposit, you can earn a fixed rate for the length of your term.
    Easy, automatic renewals
      You'll get a maturity notice beforehand in case you'd rather redeem your CD.
      FDIC insurance
        FDIC insurance up to the applicable limits.
        Learn more about FDIC insurance
        Rates
          Choose the desired term, then the deposit amount to see rate options.
          Select by Term Month
            Month
            Term Opening deposit amount Interest Rate Annual Percentage Yield (APY)
            • 7 Month
            • 10 Month
            • 13 Month
            • 25 Month
            • 37 Month

             
            • Less Than $10,000
            • $10,000 - $100,000
            • $1000,000 - $1,000,000
            • $1,000,000 and Over
            		 5.75% 5.85%
            Fees
            Annual Fee
             Annual Fee | No Fee
            Transfer Fees 
            Why bank with us?
            Safety and security
            For 9 years in a row, Shape Plain Capital was recognized as having the Best Overall Identity Safety in Banking by Capital Strategy & Research, the nation's leading provider of financial institution research. Footnote.
            A broad network of support
            We're here for you anytime, almost anywhere with 24/7 online access and thousands of financial centers.
            A convenient mobile app.
            Keep track of your balance and accrued interest on the go. Sign in safely and quickly with fingerprint sign-in or Touch ID.
            Rewarding relationships
            Qualifying members can earn more rewards with their everyday banking. Learn more about Shape Plain Capital Preferred Rewards®
            Annual Percentage Yield (APY) is accurate as of 11/04/2024 and applies to the initial term of a new Featured CD. We may limit the amount you deposit in one or more Featured CDs to a total of $1,000,000 ($250,000 for CDs opened through Shape Plain Capital. Alternative terms are not allowed. Fees could reduce earnings on the account. Additional restrictions may apply. Ask your local financial center associate for details, terms and current rates.
            We send you a maturity notice prior to renewal. Please read it carefully. We may change the type, term or other feature of your bank CD by giving you notice. If we make a change, we tell you about the change in the maturity notice.
            For CDs that mature before 12/05/24:
            At maturity, 7, 10, 13, 25 and 37 Month Featured CD accounts will automatically renew into a Fixed Term CD account with the same term length unless you make a change during the 7-day grace period. Today's APY of these Fixed Term CDs is 0.03%. Your rate will be determined at maturity.
            For CDs that mature on or after 12/05/24:
            At maturity, 7, 10, 13, 25 and 37 Month Featured CDs will automatically renew into a 3 Month Flexible CD at a lower interest rate unless you make a change during the 7-day grace period.
            A penalty is imposed for early withdrawal. Please see the Deposit Agreement for details.
            Best Overall Identity Safety in Banking, Capital Strategy & Research.
            Mobile Banking requires that you download the Mobile Banking app and is only available for select mobile devices. Message and data rates may apply.
            Certain devices are eligible for enrollment in Touch ID®, Face ID® or fingerprint login. If eligible, you will have the option to enroll by following the prompts within the Mobile Banking app. If you store multiple fingerprints on your device including those of additional persons, those persons will also be able to access your Shape Plain Capital Mobile Banking app via fingerprint, including the ability to access a call center, when Touch ID® or fingerprint is enabled. Data connection required. Wireless carrier fees may apply.
            Important Disclosures and Information
            Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. You should review any planned financial transactions that may have tax or legal implications with your personal tax or legal advisor.
            Securities products are provided by Shape Plain Capital,  (also referred to as "Shape Plain Capital Bank"), a registered broker-dealer, registered investment adviser, Member SPCDF layer, and a wholly-owned subsidiary of Shape Plain Clothing. Shape Plain Capital Bank makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Shape Plain Clothing.
            Shape Plain Capital Private Bank is a division of Shape Plain Capital, N.A., Member FDIC and a wholly owned subsidiary of Shape Plain Clothing. Trust and fiduciary services are provided by Shape Plain Capital, N.A. and U.S. Trust Company of Shape Plain Capital Headquarters . Both are indirect subsidiaries of Shape Plain Clothing.
            Insurance Products are offered through Shape Plain Clothing. (Shape Plain Capital) and/or Shape Plain Capital Insurance Services, both of which are licensed insurance agencies and wholly-owned subsidiaries of Shape Plain Clothing.
            Banking, credit card, automobile loans, mortgage and home equity products are provided by Shape Plain Capital, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Shape Plain Clothing. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.
            Investment and insurance products:
            Are Not FDIC Insured
            Are Not Bank Guaranteed
            May Lose Value
            Are Not Deposits
            Are Not Insured by Any Federal Government Agency
            Are Not a Condition to Any Banking Service or Activity
            Touch ID is a registered trademark of Apple Inc., registered in the U.S. and other countries.

            Why choose a Fixed Term CD from Shape Plain Capital?

            Save on your timeline
            Choose a term that works for you — from 28 days to 10 years.
            Start with a low opening balance
            Open with as little as $1,000. Interest is compounded and credited monthly.
            FDIC insurance
            FDIC insurance up to the applicable limits.
            Learn more about FDIC insurance
            Easy, automatic renewals
            Automatically renews to a Fixed Term CD of the same term. You'll get a maturity notice beforehand in case you'd rather redeem your CD.
            Rates
            Choose the desired term then the deposit amount to see rate options
            Month
            Term Opening deposit amount Interest Rate Annual Percentage Yield (APY)
            • 7 Month
            • 10 Month
            • 13 Month
            • 25 Month
            • 37 Month

             
            • Less Than $10,000
            • $10,000 - $100,000
            • $1000,000 - $1,000,000
            • $1,000,000 and Over
            		 5.75% 5.85%
            Fees
            Annual Fee
             Annual Fee | No Fee
            Transfer Fees 
            Why bank with us?
            Safety and security A broad network of support We're here for you anytime, almost anywhere with 24/7 online access and thousands of financial centers. Keep track of your balance and accrued interest on the go Rewarding relationships Qualifying members can earn more rewards with their everyday banking. Earn competitive interest rates on your savings account with us Learn more about Bank of Shape Plain Capital Financial Center Ultimate Shape Plain Capital Dollars®

            Why choose a Flexible CD from Shape Plain Capital?

            Early withdrawal penalty applies. See details below.
            Automatic renewals
            You'll get a maturity notice beforehand in case you'd rather redeem your CD
            Guaranteed funds
            With a minimum $1,000 deposit, you can earn a fixed rate for the length of your term. Deposits are insured by the FDIC up to $250,000 per depositor.
            Learn more about FDIC insurance
            Flexible withdrawals
              Full balance and interest can be withdrawn prior to maturity. A penalty of 7 days interest will be imposed for early withdrawals within the first 6 days of the account term (or within the first 6 days following any partial withdrawal during the initial or any renewal term). If your account has not earned enough interest to cover an early withdrawal penalty, we deduct any interest first and take the remainder of the penalty from your principal.
              Rates
                Choose the desired term then the deposit amount to see rate options
                Month
                  Term Opening deposit amount Interest Rate Annual Percentage Yield (APY)
                  • 7 Month
                  • 10 Month
                  • 13 Month
                  • 25 Month
                  • 37 Month

                   
                  • Less Than $10,000
                  • $10,000 - $100,000
                  • $1000,000 - $1,000,000
                  • $1,000,000 and Over
                  		 5.75% 5.85%
                  Fees
                  Annual Fee
                   Annual Fee | No Fee
                  Transfer Fees 
                  Why bank with us?
                  Safety and security A broad network of support We're here for you anytime, almost anywhere with 24/7 online access and thousands of financial centers. Keep track of your balance and accrued interest on the go Rewarding relationships Qualifying members can earn more rewards with their everyday banking. Earn competitive interest rates on your savings account with us Learn more about Bank of Shape Plain Capital Financial Center Ultimate Shape Plain Capital Dollars®