CDs
Our CDs offer competitive interest rates and guaranteed growth. Choose a term that works for you and enjoy peace of mind knowing your money is working safely.
Feel safe and secure for the future when you lock in a rate with one of our CD options.
Choose the term and interest rate that's right for you. If you have savings you won’t need to access for a while, a Certificate of Deposit might be an ideal savings plan. Generally, the longer your term length, the higher the interest rate, and the more money you'll earn. Choose from a traditional CD with various term options or a fixed-rate IRA CD.
All CDs are only available as Individual Retirement Accounts (IRAs) when opened in-branch.
Certificate of Deposit
- FDIC insured
- Lock in a guaranteed rate for the term of the CD
- Choose from a variety of terms and rates to find the best fit
- Interest compounded daily
Fixed Rate IRA CD
- FDIC insured
- Low opening balance
- Interest compounded daily
Certificate of Deposit FAQs
- Find the most common answers to NASB certificate of deposit accounts.
- Learn what you need to apply for an account.
- Find out if a CD account is right for you.
Certificate of Deposit Rates
7-Month CD Open account
23-Month CD Open account
3-5 Month Term
Available in-branch only
6-11 Month Term
Available in-branch only
12-Month Fixed IRA
Available in-branch only
12-23 Month Term
Available in-branch only
24 Month Term
Available in-branch only
48-59 Month Term
60-120 Month Term
Open online or in-branch
7-Month CD Open account
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 4.15% | 4.07% | $1,000 |
23-Month CD Open account
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 4.00% | 3.92% | $1,000 |
3-5 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 0.90% | 0.90% | $1,000 |
6-11 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 0.90% | 0.90% | $1,000 |
12-Month Fixed IRA
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 0.95% | 0.95% | $100 |
12-23 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 0.95% | 0.95% | $1,000 |
24 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 1.01% | 1.00% | $1,000 |
36-47 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 1.16% | 1.15% | $1,000 |
48-59 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 1.06% | 1.05% | $1,000 |
60-120 Month Term
Available in-branch only
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 1.11% | 1.10% | $1,000 |
All in-branch CDs may be opened as Individual Retirement Accounts (IRAs).
OFFERING RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE.
1APY=Annual Percentage Yield. Effective Date: 06/27/2025. Interest compounded daily. Annual Percentage Yield assumes reinvestment of principal and interest at the same rate. Early withdrawal penalty may apply. Fees can reduce earnings on the account.
When your certificate reaches maturity, you’ll have a 7-day grace period to make changes or close it before it automatically renews at the standard renewal rate for a similar term. To explore current rate options, call us or visit a local branch during your grace period. If you prefer a different rate or term than the renewal rate, you must either send NASB a secure message through online banking or visit a local branch to make the change.For more information, please call 800-677-6272 or visit one of our Personal Banking locations.
Certificate of Deposit Rates
13-Month Term Open account
24-Month Term Open account
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 4.20% | 4.11% | $5,000 |
| APY1 | Interest Rate1 | Minimum to Open |
|---|---|---|
| 4.00% | 3.92% | $5,000 |
National CD Auto Renewals: Unless withdrawn at maturity, these certificate of deposit accounts will automatically renew into an Online Renewal CD, contact NASB for current rates.
OFFERING RATES SUBJECT TO CHANGE AT ANY TIME WITHOUT NOTICE.
1APY=Annual Percentage Yield. Effective Date: 06/27/2025. Interest compounded daily. Annual Percentage Yield assumes reinvestment of principal and interest at the same rate. An early withdrawal penalty may apply. Fees
can reduce earnings on the account.
For more information, please call 800-677-6272.
What Our Customers Say
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Certificate of Deposit FAQs
How do I open a NASB certificate of deposit?
When you're ready to open a NASB certificate of deposit account, simply click here to start the process or stop by one of our branches. If you have questions, don't hesitate to call us at 816-316-4000, option 3.
How can I access money from my certificate of deposit?
Once your money is placed into the CD, it is locked for the term. You may withdraw but a penalty will be applied.
Can I add money to my certificate of deposit?
No, you cannot make deposits into your account until the maturity date.
Is there a minimum balance to open a certificate of deposit?
Yes, however this amount can vary and is subject to change. Currently, the minimum balance required to open a certificate of deposit is $1,000. The minimum balanced to open a fixed rate IRA CD is $100.
How can I get the best CD rate?
Typically, the longer the term of the CD, the higher the rates. You can view our CD rates here, and for any questions please contact customer service at 1-800-677-6272.
How is the interest calculated on my CD?
NASB uses the daily balance method to calculate interest on your account. This method applies a daily periodic rate to the principal in the account each day.
What do I have to do if I want to renew my CD?
Your NASB certificate of deposit account will automatically renew at maturity. You will have seven calendar days after the maturity date to withdraw funds without penalty. The interest rate will be the same as offered on new accounts on the maturity date with the same or similar term and minimum balance requirements as your renewed certificate.
Certificate of Deposit Calculators
Recognized Excellence
Recognized Excellence
A+ Rating
Better Business Bureau
Based on the most recent data from Better Business Bureau
"Well Capitalized"
FDIC Capital Classification
As of quarter end March 31, 2025
Bauer Financial
Star ratings are current as of 05/11/2025 from Bauer Financial
