Available to residents in Illinois and Missouri, Reliance Bank has wide selection of products to meet your individual needs. They currently offer standard CD rates from 6-months to 60-months with 1.65% to 2.05% APY Rates. By joining Reliance Bank and opening a CD account, you get to enjoy earning higher interest rate than regular savings account. All you need is $1,000 to open. Right now, they are having a special 13-month CD term with up to 2.65% APY on balances $1,000 or more. If you are interested, make sure to read on to learn more about Reliance Bank’s wide array of CDs or visit any branch now and open your CD today!
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Reliance Bank CDs:
CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term is – the higher APY rate you make! Reliance Bank pays the highest APY rate with their current promotion the 13-Month CD special with 2.65% APY. Be sure to view our Best 12-Month CD Rates list and see how they compare. Reliance Bank wants to make you feel supported and helps put you in control of your hard earned funds. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
CD Special:
| Term | APY Rate | Minimum Deposit |
| 13-Month CD | 2.65% | $1,000 |
Standard CD Rates:
| Term | APY Rate | Minimum Deposit |
| 6-Month | 0.75% | $1,000 |
| 12-Month | 1.40% | $1,000 |
| 15-Month | 1.45% | $1,000 |
| 18-Month | 1.60% | $1,000 |
| 19-Month | 2.75% | $1,000 |
| 21-Month | 1.65% | $1,000 |
| 24-Month | 1.75% | $1,000 |
| 30-Month | 1.90% | $1,000 |
| 36-Month | 1.90% | $1,000 |
| 60-Month | 2.05% | $1,000 |
*The above rates are accurate as of 09/20/2018
Reliance Bank CD Features:
- Terms range from 6-months to 5-years
- Guaranteed rate throughout the term of your CD
- Interest is compounded daily and credited to your account monthly.
- Automatic renewal when your CD matures
- The security of FDIC insures up to $250,000
Bottom Line:
If you are interested in a short term or long term CD, look no further as Reliance Bank offers you a standard and special CD rates that go up to 2.65% APY 13-month term. All you need to do is to pick your CD term and watch your money grow! I highly recommend opening up their 13-month CD especially because of it’s low balance requirement! You’ll be earning more in less amount of time compared to other CD rates! Sign up for a CD with TIAA Bank and the enjoy their high APY rates today. If you are not interested or eligible, check out our Best CD Rates at HMB!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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