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Certificate of Deposit

Let your money work for you and enjoy peace of mind. CDs offer steady, predictable income with a fixed income investment.








Let your money grow with reliable CD accounts.

Whether you’re looking to grow your savings or diversify your investment strategy, our Certificate of Deposit (CD) accounts are a low-risk savings option to maximize your goals.

Washington Trust Bank CD accounts feature:
 
  • Automatic renewal: All our CDs automatically renew (unless designated otherwise), so you can be assured your money is always working for you.
  • Early withdrawal penalty: Withdrawals of the principal prior to maturity will incur a penalty unless withdrawn during the certificate grace period.
  • 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.
  • Interest payment options: Choose to have the interest reinvested in your CD or 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 59 1/2). 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.
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Priority Service

Explore CD accounts.

Review our CD account options below. Have questions? Visit a local branch to talk with a banker or call our Priority Service team at 800.788.4578.
Fixed-Rate CD
For the investor who wants to lock in a guaranteed rate of return.
 
Term: 90 days to 5 years
Minimum to open: $500
Interest rate: Rate fixed for full term. Compounds daily.
Special features: Additional deposits allowed only at renewal.
Jumbo Fixed-Rate CD
A traditional time deposit offering our best rates.
 
Term: 7 days to 5 years
Minimum to open: $100,000
Interest rate: Rate fixed for full term. Compounds daily.
Special features: Additional deposits allowed only at renewal.






























Take advantage of rising rates.

Click the button to view current rates and jumbo rates for CD accounts.* Interest rates valid for opening accounts online.

Fixed Rate Certificates

Effective Date  
Minimum Balance to Obtain Annual Percentage Yield Term Interest Rate APY
  3 Month    
  6 Month    
  9 Month    
  12 Month    
  15 Month    
  18 Month    
  24 Month    
  36 Month    
  48 Month    
  60 Month    

Jumbo CD Rates

Effective Date  
Minimum Balance to Obtain Annual Percentage Yield Term Interest Rate APY
  7 Day    
  30 Day    
  60 Day    
  3 Month    
  6 Month    
  9 Month    
  12 Month    
  24 Month    
  36 Month    
  48 Month    
  60 Month    
























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Right in your neighborhood

Connect with your local banking team.

With over 40 locations throughout Washington, Idaho, and Oregon, there’s a Washington Trust location near you with a team of bankers ready to serve.






































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Important information:
*Fees could reduce earnings. Rates may change at any time without notice.