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- A penalty may apply if funds are withdrawn before maturity, which could reduce earnings on the account.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 | Open Online Today! | Minimum Opening Deposit | Interest Rate | Annual Percentage Yield (APY)1 |
---|---|---|---|---|
3 Month | $1,000 | 0.25% | 0.25% | |
6 Month | $1,000 | 0.45% | 0.45% | |
12 Month | $1,000 | 1.75% | 1.75% | |
18 Month | $1,000 | 1.65% | 1.65% | |
24 Month | $1,000 | 1.61% | 1.61% | |
30 Month | $1,000 | 1.00% | 1.00% | |
36 Month | $1,000 | 1.00% | 1.00% | |
48 Month | $1,000 | 1.10% | 1.10% | |
60 Month | $1,000 | 1.36% | 1.36% |
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.