Bank · FDIC insured
Waterman Bank CD Rates
Waterman Bank’s best CD rate is 3.82% APY on a 6-month CD. Terms run from 6 months to 4 years. Rates checked October 16, 2026.
How Waterman Bank’s CD rates compare
Compared with banks and credit unions near Chicago, IL-IN, where Waterman Bank has the most branches. $10,000, best rate first.
This bank’s best
Waterman Bank
3.82%APY
- Term
- 6 months
- Minimum
- $0
- Earns on $10,000
- $189
Certificates of Deposit
Top rate
Vicinity Credit Union
5.15%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $559
2nd-highest rate
Whiting Refinery Federal Credit Union
5.12%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,836
Waterman Bank CD score
72
CD score
Higher than 31% of U.S. banks and credit unions
- 3–8 months3–8 mo3.82%
- 9–15 months9–15 mo3.25%
- 16–30 months16–30 mo2.25%
- 31–60 months31–60 mo1.01%
- QualifiedQualified3.82%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Waterman Bank ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
Certificates of Deposit
Up to 3.82%APY · 7 terms
A penalty may be imposed for early withdrawal. Limited to $1,000,000.00 per account type per household or controlled entity. Fees may reduce earnings.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 3.82% | $189 |
| 12 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 3.25% | $325 |
| 18 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 2.25% | $339 |
| 24 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 1.25% | $252 |
| 30 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 1.11% | $280 |
| 36 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 1.01% | $306 |
| 48 monthsEarly withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 0.95% | $385 |
Sources (2)
All captured Sep 17, 2026
Special-purpose accounts
Retirement Certificate of Deposit
Up to 3.25%APY · 3 terms
12, 24, and 36-month term CDs can also be opened as Retirement certificates. A penalty may be imposed for early withdrawal from an individual retirement account. Limited to $1,000,000.00 per account type per household or controlled entity.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 12 monthsAvailable as a Retirement certificate. Early withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 3.25% | $325 |
| 24 monthsAvailable as a Retirement certificate. Early withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 1.25% | $252 |
| 36 monthsAvailable as a Retirement certificate. Early withdrawal penalty may apply. Balance limited to $1,000,000.00 per account type per household or controlled entity | 1.01% | $306 |
Sources (1)
- watermanbank.com/current-rates · captured Sep 17, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.