Certificates of Deposit (CD)

Safe, steady growth for your savings

Grow Your Savings with a CD

A Certificate of Deposit (CD) offers guaranteed returns with competitive interest rates. Whether you’re saving for the future or looking for a safe place to park your funds, our CDs provide a reliable option with flexible terms to fit your needs. Lock in your rate today and watch your savings grow.

Choose the Right CD

Standard CD
Simplify your life and save money with an Essential Checking account.
Promotional CD
Simplify your life and save money with an Essential Checking account.
Purpose CD
Simplify your life and save money with an Essential Checking account.
Term
Varies
Varies

12 Months

Minimum to Open

$1,000

$5,000

$100

Minimum Balance to Avoid Monthly Fee

$1,000

$5,000

$100

Interest Earned

Competitive Market Rate

Competitive Market Rate

Competitive Market Rate

Online Banking Access
Yes
Yes
Yes
Deposits Accepted

Yes

Standard CD
Term
Varies
Minimum to Open

$1,000

Minimum Balance to Avoid Monthly Fee

$1,000

Interest Earned

Competitive Market Rate

Online Banking Access
Yes
Deposits Accepted
Promotional CD
Term
Varies
Minimum to Open
$5,000
Minimum Balance to Avoid Monthly Fee

$5,000

Interest Earned

Competitive Market Rate

Online Banking Access
Yes
Deposits Accepted
Purpose CD
Term

1 Year

Minimum to Open

$100.00

Minimum to Avoid Monthly Fee

$100.00

Interest Earned

Competitive Market Rate

Deposits Accepted
Yes
Online Banking Access
Yes

Checking Accounts Designed for You

Since 1921, WaterStone Bank has served local communities as a financial institution known for its tradition of stability and community involvement. With offices throughout suburban Milwaukee, the bank offers mortgage products, home equity products, checking, savings, certificates of deposit, money market, IRA accounts, commercial loans and business banking products.

Classic Club

Customers age 50 and older can enroll in this Checking Program to enjoy great benefits and exclusive offers.

HERO

The HERO (Honoring Emergency Responding Officials) Program is for currently employed or retired service members including Fire, Police and Sheriff’s Department, and Healthcare Workers.

MVP

MVP (Military Valor Program) is for Active Duty Service Members, Military Veterans and Reserve and National Guard Service Members.

Student Checking

The Student Checking Program is for students in high school or college, between ages 14 to 26.

Bank Anywhere

Make using your checking account even easier with a WaterStone Bank Debit Card. Safer than carrying cash, your debit card will automatically withdraw from your checking account. Plus, earn points for great merchandise or travel with ScoreCard® Rewards!

You Might Also Like

What can we help you with?

Have questions about your banking needs? Our friendly team is here to help. Whether you’re opening your first account, choosing the perfect credit card, or planning your financial future, we’re ready to provide personalized support and guidance. Reach out to us by visiting your nearest branch, giving us a call, or making an appointment. WaterStone Bank is here to make banking easy and stress-free for you.

Customer Support Center

Visit a Branch

With 14 locations across Milwaukee, Waukesha, and Washington counties, our friendly team is ready to assist you with personalized service, expert guidance, and banking solutions tailored to your needs.

Schedule an Appointment

Save time by booking an appointment for personalized assistance. Open a new account, set up beneficiaries, or access services like notary, overdraft protection, and currency exchange.

Latest Insight & Education

Stay informed and empowered with our collection of articles and tools. Whether you’re looking to improve your financial knowledge or explore tips for better banking, our resources are here to guide you every step of the way.