Jumbo Fixed-Rate CD

A traditional time deposit offering our best rates.

  • From 7 days to 5 years
  • $100,000
  • Additional deposits allowed only at time of renewal.
Additional Product Information & Details

Interest Rates:

Rates effective as of 03/01/2024.

list of current rates
Minimum Balance to Obtain Annual Percentage YieldTermInterest RateAPY
$100,0007 Day0.17%0.17%
$100,00030 Day0.75%0.75%
$100,00060 Day0.80%0.80%
$100,0003 Month4.25%4.34%
$100,0006 Month4.65%4.76%
$100,0009 Month4.50%4.60%
$100,00012 Month3.50%3.56%
$100,00024 Month1.35%1.36%
$100,00036 Month1.34%1.35%
$100,00048 Month1.31%1.32%
$100,00060 Month1.28%1.29%
  • Fees could reduce earnings.
  • A penalty may be imposed for early withdrawal.

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 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.
  • 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  • Early Withdrawal Penalty - Withdrawals of the principal prior to maturity will incur a penalty unless withdrawn during the certificate grace period.