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Flex Certificate of Deposit

Flex CD graphic that says "Have it all with our Flex Certificate of Deposit"


5.00% APY1


4.50% APY1

  • 1 penalty-free withdraw during the term of the CD2
  • 2 penalty-free withdraws during the term of the CD2
  • Grow your CD with additional deposits3
  • Grow your CD with additional deposits3

Discover Flexibility and Growth with Our Flex CD

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

Experience the Best of Both Worlds

Our Flex CD combines the safety of a traditional CD with the flexibility of other savings options. Wondering how a Flex CD works? It's simple: get a high rate on your savings with the flexibility to add deposits at any time.  Plus, if you need to access the funds in your account, you can withdraw up to 50% of the balance of the CD without an early withdraw penalty2

Tailored for Savvy Savers

Are you looking for a smart way to grow your savings? Our Flex 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 Flex 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 Flex 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 Flex CD rates and get started. Your financial well-being is our commitment.

Flex CD Details1

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  • 13 - Month or 26 - Month rate options
  • Penalty-free withdraw(s)2
  • Grow Your CD with additional deposits3
  • 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 Flex CD?

A Flex CD allows you to get the benefits of a traditional CD, while also allowing you to withdraw a portion of your CD balance penalty free.  You also get the flexibility of adding funds to the certificate anytime, including via direct deposit. 

How does a Flex CD work?

You choose the term of the CD and receive a fixed interest rate over the term of the CD.  If you need to add to the CD, you have the option to add funds.  Or, if you need to access funds within the certificate, you can make withdraw(s)2 up to 50% of the current balance during the term of the CD without an early withdraw penalty.  

What are the current Flex rates?

Our rates are listed above.  Start a conversation to learn more.

Can I add funds to a Flex CD?

Yes, you can add money at any time during the life of the certificate, starting with as little at $50 per deposit.

How can I open a Flex 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 as of 2/1/2024.  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. Fees may reduce earnings. $500 minimum opening deposit. 

Withdraw(s) of up to 50% of the current balance any time after the first 6 days of funding your CD without an early withdrawal penalty. Any additional withdrawals (partial or full) or closing of the Flex CD will result in penalties. Minimum balance cannot fall below $100. 

3  Add funds to the certificate anytime, including regular payroll direct deposits. Minimum of $50 per deposit.

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.