Certificate of Deposit Calculator | My Banking Direct

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More ways to make your money work harder

Want to earn even more?

Save for what matters, faster, with CD rates as high as

5.15%APY.**

Earn 5.00%APY^***

when you open a High Yield Savings Account

Open a Direct Checking Account.

Simplified checking with no monthly service fees

**The Annual Percentage Yield (APY) is accurate as of 9/30/2023. The interest rate for the 5 month CD is 5.05%. The interest rate remains fixed until maturity. Fees could reduce earnings. A penalty may be imposed for early withdrawals. The minimum balance to open the account and obtain the APY is $2,500. My Banking Direct, a service of Flagstar Bank, N.A. reserves the right to cancel or modify this offer at any time without notice.

***The Annual Percentage Yield (APY) is accurate as of 9/30/2023 and is subject to change without notice. The My Banking Direct High Yield Savings is a tiered rate account. The minimum balance to open the account and obtain the APY is $500. If your daily balance is $50,000 or more, the APY is 5.00% and interest rate is 4.89%. If your daily balance is between $10,000.00 and $49,999.99, the APY is 5.00% and interest rate is 4.89%. If your daily balance is between $1.00 and $9,999.99, the APY is 5.00% and interest rate is 4.89%. My Banking Direct, a service of Flagstar Bank, N.A. reserve the right to change the rate at any time without notice. Fees could reduce earnings.