FDIC-Insured - Backed by the full faith and credit of the U.S. Government

4.00% APY¹ Certificate of Deposit

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4.00% 11 Month CD

The Yield You Want. The Flexibility You Need.

Withdraw your full balance as early as 7 days after funding.


Why Choose Our 11 Month CD?

4.00% APY¹

11 Month Term

7 Days

Until penalty-free withdrawal

$1,000

Minimum to open

Why lock this in today

1. A rate this high rarely lasts

CD rates move with the market. Once this promotional rate closes, new accounts open at the standard rate.

2. You're not really locked in

Most CDs trap your cash for months. This one lets you withdraw your full balance penalty-free after just 7 days - the yield of a CD with the flexibility of savings.

3. Your deposit is protected

Pilgrim Bank is FDIC insured up to $250,000 per depositor - a guaranteed return with none of the market risk.


Frequently Asked Questions

This CD may be a good choice for savers who:

  • Want a guaranteed return

  • Prefer a fixed interest rate

  • Do not need immediate access to their funds

  • Appreciate the flexibility of a penalty-free withdrawal option near maturity

The CD has an 11-month term beginning on the date the account is opened.

The Annual Percentage Yield (APY) is 4.00%. Interest is calculated and paid according to the account terms and disclosures.

Yes. Your rate is fixed for the entire 11-month term.

At maturity, you may:

  • Withdraw your funds

  • Renew into another CD term, if available

  • Discuss other savings options with a banker

The CD will automatically renew into an 11-month term CD

Yes. Deposits are FDIC insured up to applicable limits.

No. Additional deposits are generally not permitted during the CD term.

We'll provide a maturity notice before your CD matures so you can make an informed decision about your funds.

Bank with Confidence 


¹ The Annual Percentage Yield (APY) is accurate as of August 26, 2026. A minimum deposit of $1,000 is required to open the account. There is no penalty for early withdrawal. Beginning seven (7) days after the funding date, the account holder may withdraw the full account balance without penalty.

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Want to Know More?

Reach Out to One of Our Banking Specialists