The annual percentage yield is accurate as of 5/31/2023. For the 36-month Variable Rate CD, rate is subject to change after the account is opened. $500 minimum balance required to obtain the advertised annual percentage yield. Early withdrawal penalties may be imposed and fees could reduce earnings and/or principal. Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. When you open an account, we must ask for your name, address, date of birth and other information that will allow us to identify you. We may also request your driver's license or other identifying documents, even if you currently maintain a banking relationship with us. Strict adherence to these regulations helps to protect Valley and its customers from criminal activity. Your cooperation is greatly appreciated.
Valley's best CD rates and options
See a Bank Representative at your local branch for CD offerings up to 60 months
What to know about Valley CDs
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You can open a CD with just $500.
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If you're opening a CD online, you can deposit up to $500,000 into your account.
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If you'd like to fund your CD with more than $500,000 please visit a branch to open your account.
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FDIC insured up to $250,000 per depositor, for each account ownership category.
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You can withdraw money before the term is up, but may have to pay a early withdrawal fee.
What is a Certificate of Deposit?
CD
Put your money in a in a fixed or variable rate CD. When your term is up, you’ll get your deposit back plus interest. FDIC insured up to $250,000 per depositor, for each account ownership category.
Jumbo CD
A jumbo CD is a certificate of deposit (CD) with a minimum deposit of $100,000. These are considered low-risk, stable investments for large investors. Jumbo CDs typically pay interest at a higher rate than lower denomination CDs.
Step-Up CD
Step up your savings today with a CD that allows you to request a rate bump when you see rates are high.
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