Certificates of Deposit (CDs)
CD Details

Sure, you can play the stock market. You can also wish on a star and hope the sky rains down wads of cash.

Or you can be smart and diversify your funds. Put some money into a risk-free CD and count on guaranteed returns. Then cash out when your term is up, or roll it over into another term. 

  • Enjoy competitive fixed rate APY*, higher than regular savings
  • Earn higher interest than regular savings
  • Choose from a variety of terms that range from 6 months to 5 years
  • Penalty for early withdrawal applies. Fees may reduce earnings.
  • FDIC insured up to $250,000
  • $1,000 minimum deposit to open, minimum deposit to open a CD with a special offered rate may vary so contact a German American State Bank Representative for more details
    • $5,000 for special rates
    • $5,000 for Step Up Special 

*APY = Annual Percentage Yield