Certificates of Deposit
Featured CD
5.00% APY — 7-Month Term
Lock in one of our highest guaranteed rates with Federal Crown Bank's 7-Month Featured Certificate of Deposit. Your rate and earnings are fixed from day one — no market exposure, no surprises. FDIC insured up to $250,000.
CD Features
Six Reasons to Lock In Your Rate Today
A Federal Crown Bank Featured CD combines the safety of FDIC insurance with a guaranteed, fixed rate of return. No investment experience needed — just deposit, lock in, and earn.
Your 5.00% APY is fixed at the time you open your CD. Even if market interest rates fall during your 7-month term, your rate remains unchanged. No variable rate risk whatsoever.
Know exactly how much you'll earn before you even open your account. A $10,000 deposit at 5.00% APY over 7 months earns approximately $286 in guaranteed interest — zero market risk.
While the 7-month Featured CD offers our highest rate, Federal Crown Bank also offers CD terms from 28 days up to 10 years. Choose the term that fits your financial timeline and goals.
Funds are committed for the full term. An early withdrawal penalty applies if you access funds before maturity. For the 7-month term, the penalty is 180 days of interest on the amount withdrawn.
When your CD matures, you have a 7-calendar-day grace period to withdraw, add funds, or change terms. If no action is taken, your CD automatically renews at the then-current rate for the same term.
Active Preferred Rewards members receive an additional rate increase on new and renewing CDs. Gold: +0.04% APY. Platinum: +0.07% APY. Platinum Honors: +0.10% APY on top of published rates.
Current CD Rates
All Terms — April 2025 Rates
Rates are fixed for the full term. The 7-month Featured CD is highlighted. Rates shown reflect standard online pricing; Preferred Rewards members receive additional APY on top of these rates.
| Term | Interest Rate | APY | Minimum Deposit | Early Withdrawal Penalty |
|---|---|---|---|---|
| 3 Months (90 Days) | 3.92% | 3.94% | $1,000 | 90 days of interest |
| 6 Months (182 Days) | 4.46% | 4.50% | $1,000 | 180 days of interest |
| 7 Months — Featured CD BEST RATE | 4.963% | 5.00% | $1,000 | 180 days of interest |
| 9 Months (274 Days) | 4.21% | 4.25% | $1,000 | 180 days of interest |
| 12 Months (1 Year) | 4.16% | 4.20% | $1,000 | 180 days of interest |
| 18 Months | 3.71% | 3.75% | $1,000 | 365 days of interest |
| 24 Months (2 Years) | 3.22% | 3.25% | $1,000 | 365 days of interest |
| 36 Months (3 Years) | 2.97% | 3.00% | $1,000 | 365 days of interest |
| 60 Months (5 Years) | 2.73% | 2.75% | $1,000 | 365 days of interest |
Rates effective as of April 2025. APY assumes interest remains on deposit until maturity. Rates and terms subject to change without notice. Penalty may reduce principal for CDs redeemed early in the term.
How It Works
Opening a CD Is Simple — Here's How
A Certificate of Deposit is one of the most straightforward financial products available. Follow these steps to lock in your guaranteed return.
Choose Your Term
Select the 7-Month Featured CD for our best rate, or pick any term from 28 days to 5 years that fits your cash flow timeline.
Select Your Amount
Deposit a minimum of $1,000. Consider laddering multiple CDs across different terms to balance liquidity and yield.
Fund and Lock In
Transfer from a FCB account or link an external bank. Your 5.00% APY is locked the moment your funds are received and verified.
Collect at Maturity
At term end, your full principal plus all accrued interest is available. A 7-day grace period lets you renew, redirect, or withdraw.
Earnings Example — 7-Month Featured CD at 5.00% APY
Early Withdrawal
Penalty Schedule
Withdrawing before maturity incurs a penalty charged against interest earned. In rare cases where insufficient interest has accrued, penalty may reduce principal. Plan for the full term to maximize returns.
| CD Term | Early Withdrawal Penalty |
|---|---|
| 28–89 days | 7 days of interest |
| 90–179 days (3–5 months) | 90 days of interest |
| 180 days–12 months (6–12 mo.) | 180 days of interest |
| 13–23 months | 270 days of interest |
| 24 months or longer | 365 days of interest |
7-Month CD penalty note: The early withdrawal penalty is 180 days of interest. On $10,000 at 5.00% APY, this equals approximately $143 — leaving your $10,000 principal fully intact if withdrawn after at least one day of earned interest has accumulated to cover the penalty.
Product Comparison
CD vs. Savings vs. Money Market
Not sure which product is right for you? This comparison shows the trade-offs between flexibility and earning potential.
| Feature | Featured CD | Advantage Savings | Money Market |
|---|---|---|---|
| APY (standard) | 5.00% | 0.04% | Up to 0.75% |
| Rate type | Fixed | Variable | Variable (tiered) |
| Funds accessible | At maturity | Anytime | Anytime (limited) |
| Minimum deposit | $1,000 | $25 | $2,500 |
| Monthly fee | None | $8 (waivable) | $12 (waivable) |
| FDIC insured | Yes | Yes | Yes |
| Best for | Committed savings, max yield | Everyday savings | High balances + access |
Frequently Asked Questions
CD Questions — Answered
Lock In 5.00% APY Before Rates Change
The 7-Month Featured CD rate is available for a limited time. Open online in minutes with a $1,000 minimum deposit. Guaranteed return. Zero market risk. FDIC insured.