Stacks of coins

Step-Up
Certificates of Deposit

Step Up CD

Enjoy the security of a CD with flexibility to increase your rate.‎



How the Step-Up CD Works:

  • If the Bank’s CD rates rise during the term, you are able to increase your rate one time by contacting your personal banker 
  • Your new rate will remain in effect for the remainder of the term


Step-Up CD is a great way to maximize yield without risk.


Terms and Conditions:

  • Terms are 28 months and 46 months
  • Rate increases are one-time only
  • Minimum opening deposits start at $1,000
  • Interest is compounded daily and may be added to your CD balance or automatically transferred to another Mutual of Omaha Bank account
  • Automatically renews at the end of term


Upon Rate Increase

  • The interest rate and Annual Percentage Yield (APY) will be increased to the then current standard CD
  • The increased rate and APY will be in effect for the remaining CD term


Penalties may be imposed for early withdrawal.


To open an account or learn more, contact your Regional Account Executive

or call us at 866.800.4656 (toll free).

* Rates may change after account opening. Fees may reduce earnings.

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for your business

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and services your business needs

Customer Service

Need Assistance? We’re here to help,
call 866.800.4656 (toll free) or
email: Customer Service
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Hear from our clients

Pat Taylor - Taylor Association Management “Partnering with Mutual of Omaha Bank has enabled me to offer many more services to my clients – makes me look like a rock star.”

Pat Taylor
Taylor Association Management