Find the latest Paramount Bank CD rates, offers, and promotions here.
They are currently offering a generous 0.50% APY 6-Month CD and 0.75% APY 12-60 Month on your funds.
| Best CD Accounts | Minimum | APY | ||
|---|---|---|---|---|
 | CIT Bank 12-Month CD Account | $1,000 | 0.30% | |
| CIT Bank 11-Month No-Penalty CD Account | $1,000 | 0.30% | |
 | Discover Bank 12-Month CD Account | $2,500 | 0.50% |
Table of Contents
Paramount Bank CD Rates
Paramount Bank focuses on delivering market-leading deposit rates, product depth, best-in-class technology, and superior service to help their clients meet their financial goals. They also offer money market rates that are 3X the national average.
If you’re interested in making a higher rate than a traditional savings account, make sure to check out our CD rates below.
- Minimum deposit: None
- Maximum deposit: $100,000
- Early withdrawal penalty: Penalties assessed for early withdrawal on certificates which may reduce earnings
(FDIC Insured)
Paramount Bank CD Rates
| Term | APY Rate | Minimum Deposit |
| 6 Month | 0.50% | $1,000 |
| 12 – 60 Month | 0.75% | $1,000 |
Paramount Bank CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Competitive dividend rates that are compounded daily and reinvested
- Insured by the FDIC up to the maximum allowed by law
Author’s Verdict
This rate is rather generous and the minimum deposit is rather low. So if you are able to meet this requirement, I recommend checking out this promotion at Paramount Bank to earn a great rate and gain access to many great features.
This is a great opportunity to invest in a high-interest CD from Paramount Bank. However, you may want to compare them with our best CD Rates.
Check back often for the latest CD rates!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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