RMO Bank offers a range of certificate of deposit (CD) products to help you lock in competitive rates and grow your savings on a predictable schedule.
MyFixed CD — A traditional CD with a fixed APY for the full term. Choose from terms of 3, 6, 12, 24, 36, 48, or 60 months. The rate is locked in at opening, giving you certainty on your earnings. Minimum deposit of $500.
MyFlex CD — Offers one penalty-free early withdrawal during the term, giving you flexibility if you need access to your funds. Available in 12- and 24-month terms with a competitive APY. Minimum deposit of $1,000.
MyGrowth CD — Features a rising-rate structure where the APY increases at predetermined intervals during the term. This means your money earns more as the CD matures. Available in 24- and 36-month terms. Minimum deposit of $1,000.
MyLadder CD — A bundled product that automatically spreads your deposit across multiple maturity dates to create a CD ladder. This provides regular access to maturing funds while maintaining strong overall returns. Minimum deposit of $2,500.
All RMO CDs are available for both personal and business customers and can be opened through MyRMO or by scheduling an appointment through MyRMO or by calling us. Deposits are FDIC-insured up to applicable limits.