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Jump-Up CD

 

You would like to increase earnings when interest rates rise

1 Year

18 Months

2 Years

3 Years

0.25%

0.30%

0.35%

0.75%

$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 Online and Telebanking

Regular CD

    

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

$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 Online and Telebanking

Alaska CD

 

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%

0.40%

$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

• Maximum investment $5 million per customer

• 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 Online and Telebanking 

• Excess Transaction Fees:
  • More than one debit per quarter $100.00 each
  • Total withdrawals in a calendar quarter exceeding $500,000 - $100.00 per quarter

 On Regular and Jump-Up 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  02/01/12 through 02/05/12

 Accounts opened on Saturday or on a holiday will be effective on the next business day and the rate in effect at that time will apply.
 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.

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