Certificates of Deposit

Take advantage of this account with excellent earning potential without taking risks. It’s a deposit account that offers you a fixed interest rate for a specific time period to help you meet your savings goals.

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benefit from:

  • opening your CD with $1,000
  • having a fixed rate
  • competitive interest rates
  • * Available for individuals only. Offer: Annual Percentage Yield (APY) of 1.35% APY (12 month), 1.45% APY (18 month), and 1.55% APY (24 month) are effective from July 23, 2014. Minimum opening balance for the Certificate of Deposit (CD) is $1,000. Disclosed APY is calculated based on a minimum balance of $1,000 and assuming that the deposits and interest earned stays in the Certificate until maturity. Offer applies to new deposits and does not apply to automatic CD renewals or fund transfers from other Doral Bank accounts. APY% may vary on different terms. Transactions are not allowed until maturity. The CD renews automatically at maturity at the valid interest rate at that moment. At maturity you have 10 calendar days to make any transaction without penalty. Withdrawals prior to maturity are subject to penalties that could reduce the earnings. Early withdrawal penalties are: 90 days of accumulated interest on terms over 365 days; or 180 days of accumulated interest on terms over 365 days. Some terms and restrictions may apply. Member FDIC. LIC OCIF B-34.

The insurance products are not a deposit, not insured by the FDIC, not insured by any Federal Government Agency, not guaranteed by the bank or an affiliate, and may go down in value. ©2014 Doral Financial Corporation. All Rights Reserved.