Certificates of Deposit options
In addition to the CD options below, we also offer IntraFi® Network Deposits℠ for customers looking to invest large sums of money – with FDIC insurance eligibility.
Features |
Jump-Up CD |
Certificates of Deposit |
Alaska CD |
Description |
Option to increase earnings when interest rates rise |
Regular terms from 30 days to 5 years |
For higher balances with added flexibility, like a savings account |
Minimum opening deposit |
$500 |
$500 |
$10,000 |
Terms1 |
1-3 years |
30 days-5 years |
No maturity date or specified term |
Interest |
Yes View Rates |
Yes View Rates |
Yes View Rates |
Additional deposits allowed |
Yes2 |
No |
Yes |
Limited withdrawals allowed |
No |
No |
Yes3 |
Additional benefits |
Option to jump interest rate once on a 12-month term and twice on terms of 18 months or more |
No |
Customers with a Loyalty Club account, Business Analysis account or a Flex Checking account in the Power or President's Club tier may qualify for a bonus interest rate on the Alaska CD. |
Apply Now |
Open This Account
|
Open This Account
|
Open This Account
|
1On regular Certificates of Deposit and Jump-Up CDs: Automatically renews at maturity for the same term at the prevailing rate, unless we notify you otherwise. Early withdrawal penalties may apply. No withdrawal penalty during 10-day grace period following maturity. For regular Certificates of Deposit no interest is paid on balances below $500 minimum.<
2 You are limited from making a deposit more often than every seven days, and not during the first or last seven days of the CD term.
3 Excess withdrawal fees for Alaska CDs: More than one debit per quarter is $100 each. Total withdrawals in a calendar quarter exceeding $500,000 is $100 per quarter. Withdrawal before end of quarter may result in loss of accrued interest. Maximum investment $5 million per customer.
Refer to Northrim's Business Fee Schedule for more details on service fees.
For specific account details, terms, and conditions, see the Terms and Conditions document.