Types of Santander Certificates of Deposit (CDs).

15-Month CD

What is a certificate of deposit?

An easy way to save and grow your money, a certificate of deposit (CD) is an FDIC insured promissory note that has a fixed interest rate and fixed date of withdrawal, commonly known as the maturity date.†††


Advantages of a CD.

Because you agree to invest your money for the entire term, certificates of deposit generally offer higher interest rates than savings or money market savings accounts.

  • Tailor your CD timeframe.
  • Enjoy competitive rates.
  • Save for big events.

How do you choose a CD account?

Pick the CD term you want and the interest rate is guaranteed for the entire period.

  • A wide variety of terms are available.
  • Begin with as little as $500.
  • Enjoy the flexibility of having your interest go back into your CD account, or transferring it to your checking, savings, or money market savings account if you need it.

Penalties will apply if you withdraw the money before the end of the CD term.

Respect is helping you do the math:

Customers also like:

  • Ability to waive the $25 Monthly Fee with combined balances of $25,000 in bank deposits (consumer and certain business products*) and eligible investments** held with Santander Investment Services.
  • Relationship banking that rewards your loyalty with better benefits and discounts.

Learn more...

At Santander Bank, we want you to prosper. That’s why we treat you and your money with respect. By providing helpful tips, articles, and ideas, you can confidently navigate your financial future.

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††Minimum deposit of $500 and any personal Santander® checking account to open a Retail (non-Jumbo) CD and minimum deposit of $100,000 and any personal Santander® checking account to open a Jumbo CD and receive the annual percentage yield (APY) shown above. A penalty will be imposed for early withdrawal from a CD. APY is accurate and effective at this branch as of today and may change thereafter for new accounts. Rate is available when account is opened within the residential ZIP code entered. Rates in other locations may vary. Fees may reduce earnings on the account. Offer is subject to change at any time. Contact a banker for further information about applicable fees and terms.

†††There is a maximum of $250,000 of deposit insurance from the FDIC for each category of account ownership. Please visit fdic.gov for details.

*Eligible business products include Business Checking, Savings, Money Market Savings, and Certificates of Deposit accounts, but exclude the following accounts: IOLTA, Bankruptcy, Brokered Deposits, Controlled Disbursement, Escrow, Government, and Union accounts.

**Eligible investments held with Santander Investment Services do not include the following: Annuities held at Mass Mutual, Allstate, Phoenix, Ohio National; Immediate Annuities or Annuities that have become annuitized; Mutual funds and 529 products not custodied by Pershing LLC; Insurance Products (with the exception of certain annuities held directly with a product sponsor).

Securities and advisory services are offered through Santander Investment Services, a division of Santander Securities LLC. Santander Securities LLC is a registered broker-dealer, member FINRA and SIPC and a Registered Investment Adviser. Insurance is offered through Santander Securities LLC or its affiliates. Santander Investment Services is an affiliate of Santander Bank, N.A.