At Abington Bank, every deposit is insured in full. The Federal Deposit Insurance Corporation (FDIC) insures each depositor. On October 3, 2008, FDIC deposit insurance increased from $100,000 to $250,000 per depositor. The Depositors Insurance Fund (DIF) insures all deposits in excess of this amount.
Certificate of Deposit
Effective Date – [[effective-date]]
| Program | Minimum to Open | Minimum Daily Balance to earn APY | Term | Interest Rate | APY* |
|---|---|---|---|---|---|
| Certificate of Deposit | $1000 | $0.01 | 3 months | 0.05% | 0.05% |
| $1000 | $0.01 | 6 months | 0.10% | 0.10% | |
| $1000 | $0.01 | 9 months | 0.10% | 0.10% | |
| $1000 | $0.01 | SPECIAL 11 months** | 3.75% | 3.82% | |
| $1000 | $0.01 | SPECIAL 11 months Bump Up** | 4.00% | 4.07% | |
| $1000 | $0.01 | 12 months | 0.15% | 0.15% | |
| $1000 | $0.01 | 15 Months | 0.25% | 0.25% | |
| $1000 | $0.01 | 18 months | 0.25% | 0.25% | |
| $1000 | $0.01 | 24 months | 0.30% | 0.30% | |
| $1000 | $0.01 | 30 months | 0.35% | 0.35% | |
| $1000 | $0.01 | 36 months | 0.40% | 0.40% | |
| $1000 | $0.01 | 48 months | 0.45% | 0.45% | |
| $1000 | $0.01 | 60 months | 0.50% | 0.50% |
*Annual Percentage Yield (APY) subject to change without notice. Penalties may be imposed on early withdrawal from account. Fees may reduce earnings.
CD’S AVAILABLE TO OPEN ONLINE: 11-Month CD Special, 12-Month CD, & 60-Month CD. Get started now.
Some CD rates are also available for Individual Retirement Account (IRAs) with a minimum balance of $0.01. IRAs are NOT available through online account opening. IRAs are NOT available for a term of less than 3 months. $0.01 minimum daily balance to earn APY. Fees may reduce earnings.
**11-Month CD
- 4.07% Annual Percentage Yield (APY) – Promotional offer is available to new and existing checking account customers only. For new customers, both accounts, checking and CD, must be opened at the same time to unlock bump up rate of 4.07% APY.
- 3.82% Annual Percentage Yield (APY) – Promotional offer is available to new and existing customers without a checking account.
- 11-Month CD rates are effective as of 1/11/2023. Minimum CD opening deposit is $1,000. Automatically renews at maturity for 12 months at the then current CD rate and term. Minimum balance to obtain APY is $0.01. Substantial penalty for early withdrawal. Available for IRAs and business customers.
