Washington Trust Bank

A savings tool that grows with you. At Washington Trust Bank, we value your financial future. With our certificates of deposit you can safely begin the process of long-term savings.

Stop by a branch today to open your CD account.

Find a Location

For today's rates, call a branch or Priority Service at 800.788.4578.
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DISCLOSURES

For the investor who wants to lock-in a guaranteed rate of return.

Details:
  • TERM
    From 90 days to 5 years
  • MINIMUM DEPOSIT TO OPEN
    $1,000
  • INTEREST RATE
    Rate fixed for full term. Compounds daily.
  • SPECIAL FEATURES
    Additional deposits allowed only at time of renewal.

If you want more from a CD, this variable rate option lets you take advantage of current market conditions.

Details:
  • TERM
    12 months
  • MINIMUM DEPOSIT TO OPEN
    $1,000
  • INTEREST RATE
    Rate set monthly based on the 3-month Treasury Bill Average Discount Rate plus at least 1/8%. Compounds daily.
  • SPECIAL FEATURES
    Additional deposits of $500 or more allowed at any time. (Exception: for automatic deposit from another WTB account, the minimum deposit is $50).

A traditional time deposit offering our best rates.

Details:
  • TERM
    7 days to 5 years
  • MINIMUM DEPOSIT TO OPEN
    $100,000
  • INTEREST RATE
    Rate fixed for full term. Compounds daily.
  • SPECIAL FEATURES
    Additional deposits allowed only at renewal.

Take advantage of tax benefits, with a fixed rate.

Details:
  • TERM
    6 months to 5 years
  • MINIMUM DEPOSIT TO OPEN
    $1,000
  • INTEREST RATE
    Rate fixed for full term. Compounds daily.
  • SPECIAL FEATURES
    Additional deposits allowed only at renewal.

Take advantage of tax benefits, with a variable rate.

Details:
  • TERM
    18 months
  • MINIMUM DEPOSIT TO OPEN
    $100
  • INTEREST RATE
    Rate set monthly at Bank's discretion. Compounds daily.
  • SPECIAL FEATURES
    Additional deposits of $50 or more allowed at any time.

Your Washington Trust Bank CD Includes:
  • Automatic Renewal—All of our CDs automatically renew (unless designated otherwise), so you can be assured your money is always working for you—earning interest.
  • Interest Payment Options—Choose to have the interest reinvested in your CD or to take periodic payments set to monthly, quarterly, semi-annual or annual schedules. Periodic interest payments may be transferred to your Washington Trust Bank account or to the owner's account at another financial institution (IRA payouts occur only when the customer reaches 59½). By allowing interest to reinvest in your account, your CD earns the quoted annual percentage rate. Your changes to interest payment options during the CD term will affect your annual percentage yield.
  • FDIC Insured—All deposits are insured by the FDIC up to the standard insurance amount of $250,000 per depositor, for each account ownership category.
  • Early Withdrawal Penalty—Withdrawals of the principal prior to maturity will incur a penalty unless withdrawn during the certificate grace period (for all certificates, except 15-Month Easy Access CD).

TODAY'S RATES!

To open a CD, stop by a local branch or call Priority Service.

FIND A LOCATION