Certificates of Deposit That Help Your Savings Grow
Lock in a fixed rate of return with a Certificate of Deposit from Horizon Bank. With flexible terms and guaranteed growth, CDs are a smart way to save with confidence.
Why Choose a Horizon Bank CD
Guaranteed Growth
Your money will grow at a fixed rate over the term of your CD account.
Secure
Your money is FDIC insured giving you peace of mind in a turbulent market.
Affordable
With a minimum balance of $500, a CD is among the most secure investment vehicles with a higher return than traditional savings.
Find the Right CD for Your Goals
More CD Term Options
Choose the term that's right for you with CDs starting at $500.
Get Started
CD Calculator
Estimate how much your savings could grow and compare different Certificate of Deposit terms before you invest.
Open a CD
Choose a CD term that fits your goals and start earning a guaranteed fixed rate with as little as a $500 opening deposit.
Learn more about CDs
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What is a CD?
A Certificate of Deposit (CD) is a savings certificate that entitles you to receive interest, restricting you from withdrawing on demand without incurring a penalty.
By opening the CD, you agree to leave your one-time deposit in the account for a fixed amount of time. In exchange for agreeing to a set term length, you get a fixed interest rate, typically one that is higher than a traditional savings account. Generally, the longer the term length, the higher the interest rate. Keep in mind, you often cannot access your money until your CD term ends without incurring a penalty. CDs are a great way to reach your savings goals faster-using money that you don't need immediately. -
Are CDs Safe?
Horizon Bank’s CD accounts are insured by the Federal Deposit Insurance Corporation (FDIC) up to allowable limits.
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Why would I want a CD over a less restrictive saving option?
CDs are a great way to make your wealth grow, so long as you have clear financial long or short-term goals in mind for your money. With competitive rates of interest, you may get the most return on your money with this type of savings.
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How much interest will I earn on CD?
How much interest you earn on your CD will depend on how much you deposit, your specific term, and your interest rate. Contact a Horizon Bank advisor to review your rate and term options to see how much you can earn. You can also use a CD calculator to get an estimated return.
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How much money do you need to open a CD?
Most Horizon Bank CDs require a minimum deposit of $500 to open an account.
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Can I add money to my existing CD?
Often you cannot add money to an existing CD, yet you can open additional CDs for a shorter or longer term.
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Can I withdraw my money before the CD term is over?
If you choose to withdraw money from your CD before it matures, you will likely have to pay a fee called an early withdrawal penalty.
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1. Annual Percentage Yield (APY) accurate as of August 13, 2026. A minimum balance of $5,000 is required to open each certificate with money not currently on deposit at Horizon Bank. Penalty for early withdrawal. A 5-month CD automatically renews to a 6-month fixed-rate CD. A 7-month CD automatically renews to a 6-month fixed-rate CD. Subject to change without notice.