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Personal

Certificates of Deposit

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Best if...

Interest Rate (APY*)

Minimum to Open 

Key Features & Benefits

Term

APY*

Jump-UpTM  CD

Start Today  

You would like to increase earnings when interest rates rise

1 Year

18 Months

2 Years

3 Years

0.65%

0.70%

1.00%

1.25%

$500 

  • Choose a fixed term that fits you best

  • Jump your interest rate once on a 12 month and twice on terms of 18 months or more

  • Make additional deposits and watch your investment grow¹ 

  • Automatically renews at maturity for the same term at the prevailing rate

  • No withdrawal penalty during 10 day grace period following maturity

  • If funds are needed for medical expenses prior to maturity, the early withdrawal penalty may be waived²  

  • Free 24/7 access via Northrim Online³ and Telebanking

Regular CD

Start Today 
  

You would like to invest from 30 days to five years

30 Days

90 Days

6 Months

1 Year

2 Years

3 Years

4 Years

5 Years

0.10%

0.15%

0.20%

0.65%

1.00%

1.25%

1.50%

1.50%

$500

  • Terms range from 30 days to five years

  • Automatically renews at maturity for the same term at the prevailing rate

  • No withdrawal penalty during 10 day grace period following maturity

  • Free 24/7 access via Northrim Online³ and Telebanking

Alaska CDTM 

Start Today 

You have a larger amount to invest and are looking for a CD with flexibility

Less than $5,000

$5,000-$24,999

$25,000-$74,999

$75,000-$149,999

$150,000 and greater 

0.00%

0.05%

0.15%

0.30%

0.55%

$10,000 

  • No maturity date, so you decide when to use the funds

  • Five tiers of interest allow you to earn more interest as your balance grows

  • Make additional deposits and watch your investment grow

  • One penalty-free withdrawal per quarter, up to $500,000

  • Additional withdrawals incur a $75 fee each quarter

  • Maximum investment $5 million 

  • Ask about changing to a Bonus Rate Alaska CD if you have a High Performance Checking or President's Club Checking  account

  • Free 24/7 access via Northrim Online³ and Telebanking

 On Regular and Jump-UpTM CDs: Early withdrawal penalties may apply. No interest paid on balances below minimum.

 On Alaska CDs: Withdrawal before end of quarter may result in loss of accrued interest.

* APY: Annual Percentage Yield
  APY effective 07/26/10 through 07/31/10
  Fees could reduce earnings, rates are subject to change.
  

¹ Federal regulation prohibits you from making a deposit more than every seven days, and not during the first or the last seven days of your CD term
² Must be at least seven days since opening/renewing CD, or at least seven days prior to maturity.
³ Northrim Online Banking available to CD customers who also have a Northrim checking or savings account.

 


Other Investment Options

Retirement Accounts - Looking for a better retirement account?
We offer a variety of safe investment for your IRA funds.

CDARS® - Multi-million dollar deposits are eligible for full FDIC coverage

Elliot Cove Capital Management - Long-term investment portfolios from our affiliate


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