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Earn a Competitive Interest Rate on a CD

A Certificate of Deposit, or CD can be an excellent tool to earn interest on funds without being exposed to the risk of the stock market or tying up funds in bonds.

A certificate of deposit can have fixed rates for fixed terms and can vary in terms of when it matures. Backed by the full faith and credit of the United States government up to $250,000, a business CD can be a nice complement to your financial strategy for your business.

Certificate of Deposit Features and Benefits

  • Terms ranging from 30 days to 60 months
  • 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
  • Fixed rate
  • Interest can be paid monthly, quarterly, semi-annually or annually
  • Current Rates



    Term Interest Rate Annual Percentage Yield (APY*)
    1 Month 0.3% 0.3%
    2 Months 0.35% 0.35%
    3 Months 0.3% 0.3%
    6 Months 0.45% 0.45%
    9 Months 0.5% 0.5%
    12 Months 0.75% 0.75%
    18 Months 0.8% 0.8%
    24 Months 1% 1%
    36 Months 1% 1%
    48 Months 1% 1%
    60 Months 1% 1%

    Rates effective as of 06/05/2020

    *APY=Annual Percentage Yield. Minimum opening deposit $1,000. Must maintain minimum balance of $1,000 to earn interest. Rates subject to change. Penalties may be imposed for early withdrawal.