Certificates of Deposit (CDs)


Boost your investment plan with a high-yielding Certificate of Deposit from Alliance Bank. You’ll enjoy a fixed rate at a term of your choosing, ranging from three months to five years.

CDs can renew automatically up maturity, so you can continue growing your funds, risk-free, without even giving them a second thought.


  • Fixed rates, higher than regular savings
    • Receive higher rates by selecting a longer term
  • Provides more guarantee than other risky investments
  • Set aside for future savings goals
  • A wide range of terms available (from 3 months to 5 years)
  • No setup or maintenance fees
  • Interest may be reinvested, deposited into another account, or paid by check
  • Interest can be paid monthly, quarterly, semi-annually, annually, or at maturity
  • Early withdrawals subject to penalty*
  • Automatic certificate renewal available
  • May be used as collateral on loans
  • $1,000 minimum deposit to open


*Early withdrawals may result in penalties according to your term.


Dealing with large investments can be difficult. Make it easier by utilizing Certificate of Deposit Account Registry Service (CDARS).

With CDARS, you can access FDIC protection on multi-million dollar CD investments through Alliance Bank. There are few guarantees in life, and FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you.


  • Interest above standard savings, which may compare favorably with other investment alternatives
  • Greater security; multi-million dollar FDIC insurance coverage
  • Convenience; everything is managed internally by Alliance Bank:
    • One interest rate
    • One regular statement
    • One year-end tax form
  • Flexible maturity periods available
  • Helps support lending opportunities within your local community

Learn More

When you place a large amount with us, we place your funds into CDs issued by other banks in the same network in increments of less than $250,000 so that both principal and interest are eligible for complete FDIC protection. As a result, you can receive coverage from many banks while working with just one. 

These exchanges, which occur on a dollar-for-dollar basis, can bring the full amount of your original deposit back to our bank. As a result, we can make the full amount of your deposit available for community lending purposes.

Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC
Your future self will thank you