Metairie Bank offers a variety of CDs (Certificates of Deposit) to help maximize your earning potential.
CDs are an excellent investment option if you are able to set aside funds for a specific period of time. Metairie Bank offers CDs with maturity periods ranging from 3 months to 5 years.
Certificate of Deposit Details
- Minimum Opening Deposit: $1,000
- Fixed interest rate
- Automatic Renewal
- Interest will be added back to the CD on a monthly basis.*
- A penalty may apply if funds are withdrawn before maturity, which could reduce earnings on the account.
*See CD Disclosure for other details, early withdrawal penalties, and fees that may apply.
Please contact a Metairie Bank representative at 504-834-6330 if you have questions about our Certificates of Deposit.
| Term | Minimum Opening Deposit | Interest Rate | Annual Percentage Yield (APY)1 |
|---|---|---|---|
| 3 Month | $1,000 | 0.03% | 0.03% |
| 6 Month | $1,000 | 0.10% | 0.10% |
| 12 Month | $1,000 | 0.15% | 0.15% |
| 18 Month | $1,000 | 0.20% | 0.20% |
| 24 Month | $1,000 | 0.20% | 0.20% |
| 25 Month Bump Rate 2 | $1,000 | 2.15% | 2.15% |
| 30 Month | $1,000 | 0.20% | 0.20% |
| 36 Month | $1,000 | 0.35% | 0.35% |
| 48 Month | $1,000 | 0.45% | 0.45% |
| 60 Month | $1,000 | 0.55% | 0.55% |
2 Promotional CD offered for a limited time. New money only. Checking account required. Minimum Deposit of $1,000 to open a CD and obtain the APY. The APY is fixed for the term of the CD. Substantial penalty for early withdrawal. Fees could reduce earnings. You must call or visit for a one-time bump if the rate increases on the 25-Month Bump Rate CD. One rate bump per term. The new bump rate will remain in effect until the maturity date.