Vio Bank CD Rates

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VIO Bank CD RatesVio Bank CD rates are competitive right now, but only on the bank's shorter-term certificates of deposit. Long-term CD rates at Vio Bank are not as competitive when compare to other online rates. For example, current 6-month CD rates from Vio Bank are at 1.64 percent with an APY of 1.65 percent. This 6-month rate places Vio Bank in the top 10 of our 6-month rate list. 24 month CD rates are also at 1.65 percent but the best CD rate for a 24-month CD account on our rate list is much higher at 2.25 percent. That's why it's always best to compare rates online, in this case comparing online rates with Vio Bank CD rates.

According to Vio Bank's website they regularly monitor CD rates from other banks to make sure their CD rate are always some of the best nationally. The minimum opening deposit for a CD account at Vio bank is only $500. Vio bank offers CD terms ranging from 6 months to 10 years.


Vio Bank CD Rates



  • 6 Month - 1.65%

  • 9 Month - 1.70%

  • 12 Month 1.65%

  • 18 Month 1.60%

  • 24 Month 1.65%

  • 36 Month 1.70%

  • 48 Month 1.75%

  • 60 Month 1.80%

  • 84 Month 1.3o%

  • 120 Month 1.40%


Vio Bank Certificate of Deposit Fine Print



  • Minimum opening deposit $500

  • Interest compounded daily

  • FDIC insured under cert # 4063

  • The CD account may renew automatically on the maturity Date

  • Vio Bank is a division of MidFirst Bank, and Vio Bank deposits are considered MidFirst Bank deposits for purposes of FDIC coverage


Vio Bank CD Early Withdrawal Penalty



  • If you close your account before interest is credited you will not receive the accrued interest

  • CD term of 7-31 days:  All of the interest earned on the amount being withdrawn

  • CD term of 32 days to 12 months: One percent of the amount withdrawn, plus a $25 fee

  • CD term of greater than 12 months: Three percent of the amount withdrawn, plus a $25 fee


Search and compare CD rates online with Vio Bank CD Rates.
 
Author: Brian McKay
December 22nd, 2019