Certificates of Deposit for less than $250,000

CDARS®, or the Certificate of Deposit Account Registry Service®, is the easiest, most convenient way to access multi-million-dollar FDIC insurance on CD deposits. 

Contact us or call a personal banker at (312) 491-7100 for more information about accessing FDIC insurance on your large balances with CDARS®.

Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS® and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.

JUMBO CERTIFICATES OF DEPOSIT

TermAnnual Percentage Yield
30 Days.10%
60 Days.15%
90 Days.20%
120 Days.25%
180 Days.30%
Subject to change at any given time.

*$100,000 minimum required to open a Jumbo CD
Early withdrawal penalties may apply.

SILVER SAVINGS CERTIFICATES OF DEPOSIT

TermAnnual Percentage Yield
6 months.30%
12 months.45%
18 months.60%
30 months.85%
36 months1.00%
48 months1.25%
60 months1.45%
Subject to change at any given time.

*$10,000 minimum required to open a Silver Savings CD
Early withdrawal penalties may apply.

SOUTH CENTRAL BANK CERTIFICATES OF DEPOSIT

  • Interest payment options are available
  • IRAs are available with no minimum balance for both Silver and Jumbo Certificates of Deposit that are used as IRAs

CONTACT US TO LEARN MORE