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.25%
60 Days.30%
90 Days.35%
120 Days.40%
180 Days.50%
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.50%
12 months.90%
18 months1.20%
30 months2.00%
36 months2.40%
48 months2.70%
60 months3.00%
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

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