Certificates of Deposit (CDs)

A Certificate of Deposit (CD) is one of the most secure investments available. With a Stillman CD, you’ll have the peace of mind that your dollars are growing safely in an FDIC-insured account.
Our CD rates are competitive and begin to accrue on the first business day of the deposit. Interest is compounded annually and paid monthly, quarterly, semi-annually, or at maturity depending on the length of term you choose. Interest penalties apply for early withdrawal. They’re a great way to earn more on your savings in northern Illinois and southern Wisconsin.

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Certificate of Deposit (CD) Account Details

You can open a Statement Savings account with just a $100 minimum opening deposit (or just $10 for minors under 18 years of age. Account feature:

Competitive rates
Stillman CDs can be automatically renewed at maturity
A notice is sent 10 days prior to maturity
There is a grace period of 10 calendar days from date of maturity to withdraw funds without penalty. Additional funds may also be added at this time.
Stillman certificates of deposit are FDIC insured up to $250,000 or higher depending on account ownership. Talk to a Retail Banker for more information.

Why Choose Stillman Bank

Access to 40,000 ATMs surcharge-free through the MoneyPass^® ATM Network

Enhanced Mobile Alerts providing instant access to account information including account balances, debit card transaction notifications, and more! (Text messaging fees from your cellular provider may apply.)

Zero Liability guards you against unauthorized use of your card

Common Questions

What are the differences between CDs and a regular savings account?

With a savings account, you can contribute and withdraw funds as needed and interest is compounded monthly. CDs are restricted as to when you can make withdrawals without a financial penalty, depending on its term length. Interest is typically higher with a CD, compounded annually and paid when the CD matures.

Are CDs covered by the FDIC?

Yes, CDs receive the same FDIC coverage as checking accounts, savings accounts, and similar plans. The limit is $250,000 per individual account holder or a combined $500,000 for married couples with joint accounts.

Can I choose CDs of different term lengths?

Yes, in fact many of our customers do. They use what’s known as a “CD ladder,” where they choose CDs of different term lengths to maximize the interest they receive while also providing flexibility as to when their funds are available.

What is IntraFi Network?

Through the IntraFi Network, we offer CDARS to help you invest large sums in Certificates of Deposit while maintaining full FDIC protection. By distributing your deposit across multiple partner banks, your entire investment stays within insurance limits while you manage everything through a single relationship.

Open an Account or Speak with a Banker Today

If you’re looking for a certificate of deposit in northern Illinois and southern Wisconsin, or if you have any questions, please contact us or speak with a banker at your nearest branch.