Associated Bank CD Rates: Terms, Rates and Benefits

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A certificate of deposit from Associated Bank offers a fixed interest rate for a specific period of time. You can opt for a CD term that ranges from 30 days to five years. Rates vary, with some competitive promotional CD rates.

Associated Bank CD Interest Rates in 2025

Associated Bank certificate of deposit rates range from to APY. These are the current CD rates for 2025:

Types of CD Accounts Offered by Associated Bank

Associated Bank offers different types of CDs. The best option depends on your goals, minimum deposit amount and timeline. Here’s what you need to know. 

• Traditional CDs: These CDs have fixed interest rates that won’t change throughout the term. You can lock in a competitive rate, but the tradeoff is that you have to pay a penalty if you withdraw early.
• Fixed-rate add-on CDs: If you can’t meet the minimum deposit requirement of $1,000, Associated Bank offers an add-on CD with a 12-month term and $100 minimum. You can add more money to the CD throughout the term. 
• Special CDs: You can also open a promotional rate CD with Associated Bank to earn a higher APY. 

How Associated Bank CD Rates Compare to Competitors

Associated Bank has some competitive CD rates that are worth a closer look. The 7-month CD with a APY is one of the top choices for people who are looking for short-term CDs. But when it comes to the other terms, you can get a higher APY with bank accounts that don’t require you to lock up your money for an extended period. 

You can open most CDs with a $1,000 minimum deposit, but you can find high-yield savings accounts that yield above 3%. Because of that, it’s best to narrow your focus toward the promotional CD offers with $5,000 minimum deposits and tune out the other choices if you open a bank account with Associated Bank.

It’s also a good idea to compare other banks before making a final decision.

Other banks, like Marcus and Capital One, have lower minimum deposit requirements and more enticing APYs. For example, Marcus has a minimum deposit of $500 for a 9-month CD and it comes with an APY of . 

CDs

MOST COMPARABLE

5.0

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Marcus by Goldman Sachs CD Account

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MOST COMPARABLE

4.9

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Capital One CD Accounts

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MOST COMPARABLE

4.9

GBR RatingGOBankingRates scores and rankings are objectively determined by our research/editorial team. Our scoring formula weighs several factors that differ from category to category depending on what consumers want from varying products and banks. Read our full Editorial Guidelines here.

Ally Bank CD Rates

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Fees

Fees

Fees

Early withdrawal penalty may apply

No monthly service fee

No monthly service fee

APY

APY

APY

Up to

to

Up to

Min Opening

Min Opening

Min Opening

$500

$0

$0

Understanding Associated Bank CD Terms

You must make a $1,000 minimum deposit for most Associated Bank CDs. Some CDs with higher rates require a $5,000 minimum opening deposits, such as the 7-month CD with a APY. That’s the highest Associated Bank CD rate available. 

If you don’t have enough cash for the $5,000 minimum deposit, you can still find some CDs that have a $1,000 minimum deposit requirement. 

The best CDs for people who can make the $1,000 opening deposit are the 6-month CD and 12-month CD. Both of those CDs offer APY. 

How To Open a CD Account With Associated Bank

Associated Bank makes it easy to open an account online or in person by visiting a branch location. If you go to a branch, bring your Social Security number and photo ID. 

Here’s how to open a CD online:

1. Select the product: The first step is to pick a CD term. After that, you can add it to the virtual cart and checkout. 
2. Gather your documents: Before starting the application, make sure you have your Social Security number, physical address, and photo ID or driver’s license. 
3. Complete the application: Provide basic information like your address, full name and Social Security number. Once you complete the application, the bank opens your account. 

Early Withdrawal Penalties for Associated Bank CDs

CDs are helpful financial products for accruing interest on extra cash without taking much risk. They also have fixed interest rates, which makes them less vulnerable to Fed rate cuts. However, early withdrawal may trigger a penalty. 

Most banks, including Associated Bank, calculate penalties based on the interest you earn. You can expect the following early withdrawal penalties with Associated Bank CDs.

• Terms under 12 months: The early withdrawal penalty is 90 days’ interest. 
• Terms greater than or equal to 12 months but less than 24 months: The early withdrawal penalty is 181 days’ interest. 
• Terms greater than or equal to 24 months but less than 36 months: The early withdrawal penalty is 270 days’ interest 
• Terms 36 months and longer: The early withdrawal penalty is 365 days’ interest. 

Leaving the money in the account until the end of the term is the best way to avoid early withdrawal penalties. Before opening a CD, make sure you don’t need the money during the term. Unexpected expenses can pop up, but planning can minimize the likelihood of penalties. 

Pros and Cons of Associated Bank CD Rates

Even though some Associated Bank’s CD rates are competitive, the best CDs require $5,000 minimum opening deposits. You can open other Associated Bank CDs with as little as $1,000, but some CDs only yield , which you can get from most checking accounts.

Pros

• Competitive APYs for the top CDs
• Variety of CD options, including traditional, no penalty and special offers
• Easy online and in-branch account management

Cons

• Fixed terms limit flexibility 
• $5,000 minimum deposit for the best APYs
• Some of the APYs are lower than checking accounts

Is an Associated Bank CD Right for You?

Associated Bank CD rates tend to be on the low end. However, you can find competitive APYs at the financial institution if you make a $5,000 minimum opening deposit. Those Associated Bank CDs can help you safely grow your money.

The bank doesn’t only offer CD accounts. You can also open credit cards, take out loans and access a wide range of digital banking tools. Associated Bank also has business financing, along with checking and savings accounts. You can learn more about Associated Bank and open an account online or at a local branch.

Marc Guberti contributed to the reporting for this article.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Sept. 4, 2025.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

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