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Banking on the Hi-Line


Independence Bank offers competitive interest rates on CDs and a fully FDIC-insured program through CDARS for larger deposits. We can help you make the most of your savings.


Certificates of Deposit (CD)

A CD is an account offered to depositors who agree to keep their money in the account for a specified amount of time in exchange for a specified interest rate.

  • $500 minimum opening deposit
  • Various terms and competitive interest rates available
  • Flexibility to meet the customer’s requirements
  • Subject to early withdrawal penalties

Contact Us for current rates


Certificates of Deposit Account Registry Service (CDARS®)

CDARS® is a nationwide network of financial institutions. As a member of CDARS®, Independence Bank can help you manage deposits over $250,000. Your large deposit is broken into smaller amounts and placed with other banks that are CDARS® members. Those member banks issue CDs in amounts under $250,000, so that your entire investment is eligible for FDIC insurance. It's the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts larger than $250,000.

CDARS® Benefits

  • One Bank - Access multi-million-dollar FDIC insurance coverage by working directly with Independence Bank.
  • One Rate - Earn one rate for each CD maturity and enjoy the option of reinvesting funds through a simple process.
  • One Statement - You receive one regular account statement from Independence Bank listing all of your CDs, along with their issuing banks, maturity dates, interest earned and other details.

Contact Us to open your CD or CDARS® account

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Independence Bank would like to personalize your banking experience. Please enter your first name below.

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This level of personalization will not lead to the sale of your name or leak your identity. The information you provide will only be stored on your computer and will not be transferred to any other source.