First Republic: Certificates of Deposit

Lock in Special CD rates of up to 4.95% APY.

Grow your savings with a First Republic CD
or Liquid CD.

Open a new CD or Liquid CD (Certificate of Deposit) with $10,000 or more and benefit from a guaranteed return over the special term you choose — and the extraordinary service you deserve. FDIC insured up to the applicable limits.

4.50 %
APY¹

60-Day CD Special

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4.75 %
APY¹

4-Month CD Special

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4.95 %
APY¹

7-Month CD Special

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4.00 %
APY¹

8-Month Liquid CD Special²

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Select the rate and term that work best for you.
We’ll assist you every step of the way.

View all rates

Frequently Asked Questions

- How do CDs work?
  A certificate of deposit (CD) is a time deposit account that pays a fixed interest rate over a period of time (generally ranging from 30 days to five years). Any early withdrawals of funds before the set maturity date come with a penalty fee.
  
  Typically offering higher interest than traditional savings accounts, CDs are a potentially great way to save for short- or long-term goals. In most cases, the longer the term of the CD, the higher the interest rate. CDs typically have no fees unless funds are withdrawn before the maturity date.
- How do I know if a CD is right for me?
- Should I choose a CD or a savings account?
  If you’re trying to decide between a CD or a savings account, think about your specific financial goals. If you’re looking for flexibility and are willing to earn a lower interest rate in order to have access to cash, a savings account might be the right choice for you. On the other hand, if you’re looking to get the most out of your savings and don’t need to access cash outside of specific time windows, then a CD could be the right choice.
- Are CDs a safe investment?
  CDs are generally considered a safe investment because you can’t lose money the way you might with higher-risk investments, like traditional stocks. Instead, you’re guaranteed your initial deposit plus interest as outlined in your CD terms. The only way you’ll lose money is if you try to withdraw early and must pay the penalty.
  
  Additionally, funds invested in CDs are federally insured up to $250,000 per depositor by the Federal Deposit Insurance Corporation (FDIC), providing protection for your peace of mind. Safety is just one of many advantages a CD has to offer.
- How does CD interest work?
- What are the important dates to keep in mind when opening a CD?
  - Issue Date - The first day of the term.
  - Maturity Date - The last day of the term.
  - Grace Period: There is a 10-calendar day Grace Period, beginning on the calendar day after the Maturity Date, during which you can make changes to your CD. If the 10th day is a nonbusiness day, the Grace Period will end on the business day prior to that nonbusiness day. The Grace Period ends on the day you make any changes (change your term, deposit additional funds, make withdrawals) without paying an early withdrawal penalty. Any changes made after the Grace Period will incur the early withdrawal penalty applicable by law, regulation or Bank Policy.
- What happens at CD maturity?
  Unless we receive other instructions, your account will automatically renew at maturity for the same term but at the interest rate in effect on the Maturity Date for such term. If you do not want to renew your time deposit, you may withdraw the funds in the account at maturity or provide us with written notice within the applicable Grace Period. There is a 10-calendar day Grace Period, beginning on the calendar day after the Maturity Date, during which you can make changes to your CD. If the 10th day is a nonbusiness day, the Grace Period will end on the business day prior to that nonbusiness day. The Grace Period ends on the day you make any changes (change your term, deposit additional funds, make withdrawals) without paying an early withdrawal penalty. Any changes made after the Grace Period will incur the Early Withdrawal Penalty applicable by law, regulation or Bank Policy. See Important Information in the Consumer Account Disclosure and Agreement.
- When can I withdraw the interest on a CD?
  You can withdraw interest any time during the term after it has been credited to your account without an early withdrawal penalty. You may request to have credited interest deposited to another account you have with us, or sent to you in the form of a check. If your account renews automatically, after the grace period your interest will be added to your principal balance and will no longer be available for withdrawal without penalty. The disclosed Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity. Any withdrawal of interest will reduce earnings.
- What is an early withdrawal penalty?
  When you open a time deposit, you agree to keep the principal on deposit with us for the term you selected. If you choose to terminate a time deposit or make a partial withdrawal of principal prior to its Maturity Date, we may impose the penalty described below on the amount withdrawn — there are special considerations for Liquid CDs.
  
  Term Penalty (simple interest)
  - Up to 1 year - 6 months’ interest
  - More than 1 year - 15 months’ interest
- What is a liquid CD?

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Our clients say it best.

“ First Republic is the best bank I have ever worked with. They have everything for me as a client. ”

Sonja Hoel Perkins | Client Since ’10

Founder, Project Glimmer and Broadway Angels
Managing Director, The Perkins Fund

Our clients say it best.

“ First Republic is the best bank I have ever worked with. They have everything for me as a client. ”

Sonja Hoel Perkins | Client Since ’10

Founder, Project Glimmer and Broadway Angels
Managing Director, The Perkins Fund

Our clients say it best.

First Republic client, Sonja Hoel Perkins

“ First Republic is the best bank I have ever worked with. They have everything for me as a client. ”

Sonja Hoel Perkins | Client Since ’10

Founder, Project Glimmer and Broadway Angels
Managing Director, The Perkins Fund

Additional resources

Consumer Account Disclosures & Agreement (PDF)
Consumer Schedule of Fees (PDF)
Business Account Disclosure (PDF)
Business Schedule of Fees (PDF)
3/31/2023

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Firstrepublic.com provides information to clients about their accounts and financial services by First Republic Bank and its affiliates.

Banking products and services are offered by First Republic Bank, Member FDIC and Equal Housing Lender

Investment Advisory services are provided by First Republic Investment Management, Inc. Trust and Fiduciary services are offered through First Republic Trust Company, a division of First Republic Bank; and First Republic Trust Company of Delaware LLC and First Republic Trust Company of Wyoming LLC, both wholly owned subsidiaries of First Republic Bank. Brokerage services are offered through First Republic Securities Company, LLC, Member FINRA/SIPC. Insurance services are provided through First Republic Securities Company, DBA Grand Eagle Insurance Services, LLC, CA Insurance License # 0I13184.

Investment, Insurance and Advisory Products and Services, and Foreign Exchange Transactions, are Not FDIC Insured or Insured by Any Federal Government Agency, Not a Deposit, Not Bank Guaranteed and May Lose Value.

Certificates of Deposits

Frequently Asked Questions

Frequently Asked Questions

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Give us a call.

Have us contact you.

Find an office near you.

Our clients say it best.

Our clients say it best.