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Personal Savings

Take advantage of great rates and guaranteed returns with a certificate of deposit (CD) from Midland States Bank.

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CD month iconYou Choose the CD Terms

Whether you want to save for a family vacation or a new home, a certificate of deposit (CD) account can help get you there. When you invest savings in a CD, your money will grow at a fixed interest rate for a specific amount of time. Terms can range from 1 week to 60 months or even longer depending on the amount of time you want to leave your money in the account.

During your chosen term, you'll be able to earn high interest rates. You'll also be able to experience peace of mind knowing that you'll receive guaranteed returns once the term is up.

At Midland States Bank, we offer several CD options for you to choose from. Our most common terms include:

  • 6 months
  • 12 months
  • 24 months
Why Invest in CDs With Midland States Bank?
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The team at Midland States Bank can help you determine which certificate of deposit option is best for you based on your financial goals. No matter which one you choose, though, you will be able to experience:

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Reach Your Financial Goals with a CD

A CD is a much safer investment option compared to stocks, which can be volatile. Whether you choose a short-term or a long-term CD, you'll be guaranteed a rate of return without having to worry about fluctuating rates or lost funds.

Also, compared to savings or money market accounts, you can typically expect to receive higher interest rates. If you do not need your money for a while, investing it in CDs can provide a better rate of return, making it easier to reach your savings goals.

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thumbs up icon in front of moneyFeatures and Benefits


Fixed rates 

Get a clear picture of your future earnings with fixed rates.


Flexible terms 

Terms are available from 1 week to 5 years. Choose what works best for you.


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Frequently Asked Questions

With a savings account, you'll be able to earn some interest and always have access to your funds. With a CD investment, you'll invest your money for a specific amount of time and then receive that amount plus interest once the term is up.

Yes, CDs are insured by the FDIC up to the maximum amount allowed and are a low-risk investment option.

You can, but there will be early withdrawal penalties. If you’d like to learn more about saving account options like CD’s, contact us today.

At Midland States Bank, our CDs require a minimum of $500 to get started.

Midland States Bank gives you the option to open a 6-Month, 12-Month or 24-Month CD online. These are our most popular options. If you would like to explore other terms, a Personal Banker can help you achieve your goals.

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About Midland States Bank

Consumers, businesses and corporate clients have been relying on Midland States Bank to reach their financial goals ever since our first branch opened in Effingham, Illinois. Over the years, we've expanded our branches. We now offer a full range of services that you can access anytime, anywhere.

Open a CD Today

Ready to start investing in a CD? We are ready to help. Open a CD online or schedule an appointment to open a CD in person.