CDs and IRAs
Burke & Herbert Bank Bump-Up CDs
Our Bump-Up CD is a unique investment product that’s a win-win for savers and investors. As the name implies, this CD allows you the opportunity to bump up to a higher rate one time during the term after your account has been open for six months. For example, if you open a Bump-Up CD with an interest rate of 1.5%, and the rate jumps up to 2%, you can opt to take the higher rate for the remainder of your term. Even better, if you already have a Burke & Herbert Bank checking account, or open a new one, you will receive a preferred rate.
Here are the current options available for the Bump-Up CD:
- 25-month CD or IRA CD
- 35-month CD
Open a Certificate of Deposit account today by visiting a local Burke & Herbert Bank branch or call us at 703-684-1655 to learn more.