Save For What's Important To You

Colorado Federal Savings Bank offers simplified savings and fixed term accounts with competitive rates.

With savings rates up to 1.90% APY* and CD rates between 1.35%-3.25% APY, we offer rates that are straightforward, secure and FDIC insured.

*Annual Percentage Yield as of November 13, 2018


Savings

On demand access with a great rate!

CFSB's online savings accounts provide you the interest rate you are looking for with the flexibility to add or remove money as you need.**

Product TypeAPY*Interest RateMinimum BalanceQualifications
High Yield Savings1.25%1.24%$1.00None
Premier Savings1.90%1.89%$50,000New Customer***

* Annual Percentage Yield Accurate as of November 13, 2018.

** You may access your funds only through ACH. You are allowed six (6) withdrawals per monthly statement cycle. A fee of $25 is charged for each withdrawal over the maximum of six (6) per monthly statement cycle. Fees could reduce earnings on the account. No monthly maintenance fee, ACH fee or online Account fee. 

***Eligibility Restrictions Apply: In order to be eligible for a Premier Savings Account, the applicant must be a new customer to Colorado Federal Savings Bank. A new customer is defined as a customer who has not maintained a CD or savings account with the bank in the prior 60 days. Applications that are received for this product that are determined ineligible will be canceled. If you have questions about your eligibility, please contact us at 1-877-484-2372 Monday through Friday between 7 am and 6 pm MST.

Rate is variable and may change after the account is open.

Each depositor is FDIC insured to at least $250,000, for each account ownership category.  Click here for More Information from the FDIC.

Please refer to the  Disclosure of Account Terms  for terms and conditions. 

CDs

Looking to earn a little more on your deposit?

Open an online CD with Colorado Federal Savings Bank and choose one of our many flexible term offerings at a competitive rate.

Product TermAPY*Interest RateEarly Withdrawal Penalty**Minimum Balance
1 Month CD1.35%1.34%1 Month of Interest$5,000
2 Month CD1.60%1.59%1 Month of Interest$5,000
3 Month CD1.95%1.93%1 Month of Interest$5,000
6 Month CD2.28%2.25%3 Months of Interest$5,000
12 Month CD2.51%2.48%3 Months of Interest$5,000
18 Month CD2.60%2.57%6 Months of Interest$5,000
24 Month CD2.80%2.76%6 Months of Interest$5,000
36 Month CD3.00%2.96%6 Months of Interest$5,000
60 Month CD3.25%3.20%6 Months of Interest$5,000

* Annual Percentage Yield Accurate as of November 13, 2018.

** An early withdrawal penalty may invade principal. 

No monthly maintenance fee, ACH fee or online Account fee.

Each depositor is FDIC insured to at least $250,000, for each account ownership category.  Click here for More Information from the FDIC.

Early Withdrawal Penalty for withdrawals prior to maturity date equals 1 month of interest on Certificate Term of less than 6 months, 3 months’ worth of interest on Certificate Term of 6 months and one year and 6 months’ worth of interest for a certificate term over one year.

Please refer to the  Disclosure of Account Terms  for terms and conditions. 

Have additional questions? Check out our FAQ page for more information.