Certificate of deposit
Certificate of deposit

15-Month Variable Rate Deposit Account1

Lock in a competitive rate now and take advantage of liquidity options later.

You have the potential to grow your money faster and enjoy the benefits of a Time Deposit account with access to liquidity.

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Please read IDB Bank’s Privacy Notice* for more details.

4.75%

First 3 Months Fixed Interest Rate

Explore Our Latest Time Deposit Offering

+0.05% Variable Interest Rate for Next 12 Month.
[Fed Funds Target Rate Lower Limit2]

4.50% Annual Percentage Yield3.

Minimum balance of $250,000, maximum balance of $10,000,000.

Available to new clients and new money from existing clients.

The promotion period starts from 6/1/2025 through 9/30/2025.

Redeem after 6 months,4 one time, without penalty, a long as you provide 35-day notice.5 Callable any time after 3-month period by IDB Bank.

Connect with us today to open a limited-time IDB Bank time deposit account.

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Grow Your Wealth With Confidence

This Bank promotion is only available to first time IDB Bank account holders and new funds from existing account holders.

  1. This is a variable-rate CD with interest rate that may increase, remain the same, or significantly decrease from the initial rate based on the change in the Fed Funds Target Rate (lower limit).
  2. The Fed Funds Target Rate is the Fed Funds Target Rate (lower limit) as published by the Federal Reserve Bank of New York. As of May 25, 2025, Fed Funds Target Rate (lower limit) was 4.25%. The Fed Funds Target Rate represents the short-term interest rate targeted by the Federal Open Markets Committee (FOMC) as part of its mone-tary policy. This rate is subject to change.
  3. The Annual Percentage Yield is accurate as of May 25, 2025. The calculation takes into account the compounded fixed and floating rate periods and is subject to change on a daily basis. This is a variable rate deposit and the APY may change depending on the changes to the Fed Funds Target Rate.
  4. Subject to 35-day notice.
  5. Additional withdrawals may incur penalties. Early withdrawal penalties may reduce the earning of the account.

This promotion is a limited time offer. IDB Bank reserves the right to change the availability period and close the promotion at any time without prior notice. Time Deposits are insured by the FDIC, an independent agency of the U.S. government, to the maximum extent permitted by law (including principal and interest) for all deposits.

Publication date: June 1, 2025

©2025. IDB Bank® is a registered service mark of Israel Discount Bank of New York. Member FDIC.
1114 Avenue of the Americas, New York, NY 10036.