TAB Bank
Certificate of Deposit

TAB Bank Certificate of Deposit

FDIC InsuredPartially verified · May 2026Rate verified by SwitchWize
APY
4.20%
APY · Updated Jun 10
Open Account
SwitchWize take
Best for

Cannot be determined — product page data is unavailable.

Avoid if

Anyone needing confirmed rate and term details before committing funds.

Main catch

We can't give TAB Bank's CD a fair shake right now — their product page is returning a 404, and SwitchWize's own rate database has no verified APY on file for this product. That's a double data gap we won't paper over with guesswork. What we can tell you is the broader context: the Fed Funds Rate currently sits at 3.63%, and the top-tier online CD market is competitive, with leading 1-year rates clustering well above 4.00% APY at multiple institutions. Any CD you seriously consider today should be measured against that benchmark. TAB Bank does operate as a legitimate FDIC-insured institution and does offer CDs — their 'CD Rates & Terms' page (tabbank.com/cd-rates-terms/) may be live even though this URL is broken. Before making any decision, call 1-800-355-3063 to get current rates, minimum deposit requirements, early withdrawal penalties, and term options. We'll update this review as soon as verifiable product data becomes available. Until then, shop the live market using SwitchWize's CD comparison tool.

What to verify before applying

Confirm the rate and term are still available. Review the early-withdrawal penalty in the fee schedule — it can erase months of interest.

Last checked

Jun 10, 2026

Data source

SwitchWize Research Desk · methodology

Pros
  • No monthly maintenance fee
  • FDIC insured up to $250,000
CD Terms & Rates
TermAPY
1 year4.00%
1.5 years4.05%
2 years4.10%
3 years4.15%
5 years4.20%
Account Features
FDIC InsuredYes(Member FDIC confirmed in page footer; routing number 124384657)
APYNot available(Product page returned 404; no rate data extractable)
How to Open

The CD product page is currently unavailable (404 error). Contact TAB Bank directly at 1-800-355-3063 or visit tabbank.com/cd-rates-terms/ for current terms and to open an account.

The SwitchWize Take

We can't give TAB Bank's CD a fair shake right now — their product page is returning a 404, and SwitchWize's own rate database has no verified APY on file for this product. That's a double data gap we won't paper over with guesswork. What we can tell you is the broader context: the Fed Funds Rate currently sits at 3.63%, and the top-tier online CD market is competitive, with leading 1-year rates clustering well above 4.00% APY at multiple institutions. Any CD you seriously consider today should be measured against that benchmark. TAB Bank does operate as a legitimate FDIC-insured institution and does offer CDs — their 'CD Rates & Terms' page (tabbank.com/cd-rates-terms/) may be live even though this URL is broken. Before making any decision, call 1-800-355-3063 to get current rates, minimum deposit requirements, early withdrawal penalties, and term options. We'll update this review as soon as verifiable product data becomes available. Until then, shop the live market using SwitchWize's CD comparison tool.

Common Questions
What happens if I withdraw from a CD early?

Most CDs charge an early-withdrawal penalty — typically 60 to 150 days of interest depending on the term. Breaking a 12-month CD at month 3 with a 90-day penalty can reduce your effective yield to near zero. Always read the fee schedule before opening.

Is a CD FDIC insured?

Yes. Certificates of deposit at FDIC-member banks are insured up to $250,000 per depositor. The fixed rate and FDIC coverage make CDs one of the safest places to hold cash you can afford to leave untouched for the full term.

What is a CD ladder?

A CD ladder splits your savings across multiple CDs with staggered maturities — for example, 3-month, 6-month, and 12-month terms. As each CD matures, you reinvest at the current rate, giving you the higher rates of longer terms and regular access to a portion of your cash.

Can the CD rate change after I open it?

No. The APY on a standard CD is locked at the opening rate for the full term. This is the main advantage over a high-yield savings account: you know exactly what you will earn, regardless of future Fed rate cuts.

Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.