Certificates of Deposit

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Find the right CD option for you

In addition to the Certificate of Deposit (CD) options below, we also offer CDARS® 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.
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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 Personal Fee Schedule for more details on service fees.

For specific account details, terms, and conditions, see the Terms and Conditions document.

INTRAFISM NETWORK DEPOSITSSM CD option for large investments

Looking for a way to keep large deposits safe? Ask us about the CD Option with IntraFI.

If you're looking to invest large sums of money – with FDIC insurance eligibility – the CD Option with IntraFI Network Deposits, may be the perfect solution for you.

With IntraFI Network Deposits CD Option, you can access FDIC protection on multimillion-dollar investments, while earning returns. The CD Option with IntraFi can be a valuable cash management or longer-term investment tool for you.1 This is a great solution for businesses, nonprofit organizations, public unions and IRAs.

Benefits of the CD Option through IntraFI includes:

Safety

Safety

Your money can access multimillion dollar FDIC insurance coverage.

Convenience

Convenience

You work directly with Northrim. You earn one interest rate per maturity, and receive one regular statement and one year-end tax form.

Community Investment

Community Investment

The full value of your money can support lending opportunities in your local community.2

CD Rates

CD Rates

Your money earns CD returns, which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts and money market funds.

 

Ask us about how IntraFI Network Deposits can work for you the next time you visit one of our branches, or contact us for more information.

1 Limits apply. Funds may be submitted for placement only after a depositor enters into the IntraFi Network Deposits CD Deposit Placement Agreement with Northrim Bank. The agreement contains important information and conditions regarding the placement of funds by us.

2 This benefit applies to some, but not all types of IntraFI Network Deposit transactions. Let us know if this benefit is important to you, so that we can explain the relevant terms and conditions in more detail. CDARS is a registered service mark of IntraFi Network, LLC.