Stay on top with our floating interest rate

  • Our Floating CD rate floats 0.1% above the Federal Funds Target Rate throughout your 36 month term.

  • Our current rate is 2.63% APY on balances. This rate adjusts monthly to stay above the Fed Funds Target Rate.

  • Deposit between $500 and $500,000

  • If the Federal Reserve increases its rate, you won't miss out on those gains.

  • FDIC insured up to $250,000



2.63% APY


36-Month Floating CD



Open your CD and lock in your interest rate today

Open an account at a branch near you


Open your account online with a
deposit of at least $500.

Deposit up to $10,000,000 as you open your account


During your term, the Federal Reserve may announce a new 'Target
Rate Upper Bound.'

Grow your savings with a great rate over 25 months


We'll automatically adjust your rate to reflect that announcement, adding 0.1% to the new Target Rate Upper Bound.


25 Month CD


What you need to know

  • You must be 18 or older and have a U.S. Residential Address

  • You'll need your Social Security Number and Government Issued ID to apply

  • Your interest is compounded daily and paid quarterly

  • Your interest rate will follow the Federal Funds Target Rate Upper Bound, and any changes in rate will take place on the 1st of the month.



Still looking? Take a look at our full CD range   

Still looking? Take a look at our full CD range

  • Terms from 1 to 60 months

  • Rates yield up to 2.63%

  • Variable rate CDs available 

   View all our CDs    


Loans for any Industry   

Want easier access to your savings? Our Money Markets will help

  • Easy access to your savings

  • Rates up to 0.20%

  • Tiered rates available 

   View our savings accounts    

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.

Disclosure: Minimum deposit of $500 with a maximum of $500,000. The Annual Percentage Yield (APY) of 2.63% is effective and accurate as of 10/1/2022. Early withdrawal penalties may be imposed, and the fee could reduce principal. If the CD is fully or partially redeemed prior to original maturity date, a penalty equivalent to 180 days interest may be applied.  Offer may be withdrawn or modified without prior notice. Fees could reduce earnings. See a Bank Representative for complete terms and conditions.



   Back to Top