Bump-Up Certificate of Deposit

15-month Bump-Up CD at 5.30% APY^

Discover Flexibility and Growth with Our Bump-Up CD

Welcome to Flatwater Bank, serving the heart of Nebraska in Gothenburg, Ansley, and Brady. We're proud to introduce our Bump-Up Certificate of Deposit (CD), a unique saving solution for those seeking security and the potential for higher returns.

Experience the Best of Both Worlds

Our Bump-Up CD combines the safety of a traditional CD with the opportunity to benefit from rising interest rates. Wondering how a Bump-Up CD works? It's simple: if interest rates increase, you can 'bump up' your rate once during your CD's term1, ensuring you're not missing out on earning more.

Tailored for Savvy Savers

Are you looking for a smart way to grow your savings? Our Bump-Up CD is the answer. It's perfect for those who want a fixed interest rate's certainty and the flexibility to adapt if rates improve. Whether you're saving for a new home, retirement, or just building your nest egg, understanding what a Bump-Up CD is and how it can benefit your financial strategy is essential.

Your Financial Growth, Our Priority

At Flatwater Bank, we believe in offering products that align with your financial goals. With competitive Bump-Up CD rates available today, there's no better time to start. Secure your future with us, where your savings have the potential to grow.

Ready to Elevate Your Savings?

Embark on your journey towards financial growth with Flatwater Bank. Start a conversation or visit any of our local branches to learn more about our Bump-Up CD rates and get started. Your financial well-being is our commitment.

Bump-Up CD Details1

Woman jumping with excitement
  • 15-Month Rate Guarantee
  • One time option to increase the rate1
  • Requires $500 Minimum Deposit 
  • FDIC Insured2



Find out how much you can earn!

Use our free certificate of deposit calculator to compare terms.

Frequently Asked Questions:

What is a Bump-Up CD?

A Bump-Up CD allows you to increase your interest rate once during the term if rates rise, offering a unique blend of security and opportunity.

How does a Bump-Up CD work?

You initially receive a fixed interest rate, with the option to 'bump up' to a higher rate if market rates increase, enhancing your earnings1.

What are the current Bump-Up CD rates?

Our rates are competitive and subject to market conditions.  Start a conversation to learn more.

Can I add funds to my Bump-Up CD?

You can only make deposits when you open you initially open your account

How can I open a Bump-Up CD?

Starting is easy! Start a conversation, visit our local branches, or call us. Our team is here to assist you every step of the way.

^ Annual Percentage Yield (APY) accurate as of 10/5/2023 and is subject to change without notice. Fees may reduce earnings. A penalty may be imposed for early withdrawal. Certain restrictions apply. The bank reserves the right to limit deposits taken under this program. This offer is not available in all states and rates and terms are subject to change without notice. A $500 minimum deposit is required.
 1-  One time during the original term of your CD, you may increase the rate. The new rate and APY will be in effect from the date of the request to the maturity date of the original term. The new rate and APY will be calculated based on the difference of the Federal Funds Rate on the date of purchase of your CD and the current Federal Funds Rate on the date of bump up as published on the Federal Reserve website (https://www.federalreserve.gov/monetarypolicy/openmarket.htm) added to the original rate and APY of your CD. The current Fed Funds Rate at the time of the purchase of your CD is 5.25%-5.50%.

2- Covered by FDIC Insurance to the maximum allowed by law.

Complete this form to start a conversation.

This form is intended for individuals at least 18 years old. If you're under the age of 18, please do not submit this inquiry form.

Why Choose Us? 

You need personal service from bankers who understands your needs.  We have focused on community banking since 1902 and have worked with clients to build personalized solutions around them.