Online banks have become the go-to place for high-yielding certificates of deposit (CDs). With little overhead, they can afford to offer generous annual percentage yields (APYs), meaning customers benefit by earning substantial interest. The tradeoff of a fully digital bank is that you won’t be able to manage your account in-person at a local branch.
Colorado Federal Savings Bank is just such a financial institution. Its returns are impressive, but it’s online-only—and its CD options are a bit sparse. Let’s take a look at Colorado Federal’s CD rates to help you decide if they’re a good fit for your financial goals.
Rates are current as of Aug. 21, 2025 and are subject to change.
Colorado Federal Savings Bank CD rates and products
Colorado Federal Savings Bank issues two CD types: standard CDs and no-penalty CDs. You won’t find other specialty CDs, such as business, bump-up, or IRA CDs.
Colorado Federal offers a total of eight term lengths, ranging from three months to five years. They’re all very generous, with most options at or above 4.00% APY.
Standard CDs
Colorado Federal Savings Bank CDs offer between 3.50% and 4.35%. That’s an abnormally high floor—and an extremely competitive ceiling. But there’s a catch: you must deposit at least $5,000 to open an account. If you’ve got the funds, Colorado Federal can be a lucrative destination for your money.
Depending on the length of your CD term, you’ll be charged between one and six months’ interest when withdrawing your funds before your account matures.
Colorado Federal Savings Bank standard CD rates
Bank details checked Aug. 21, 2025
No-penalty CDs
No-penalty CDs allow you to withdraw your entire balance before your maturity date without losing money to the fee that would normally be leveed as an early withdrawal penalty. This is a great option if you’re uneasy about losing access to a large chunk of money for months at a time.
Colorado Federal Savings Bank no-penalty CDs also require a minimum opening deposit of $5,000.
Colorado Federal Savings Bank no-penalty CD rates
Bank details checked Aug. 21, 2025
1 year CD AccountMarcus by Goldman SachsMember FDICAPY4.00 %January 22, 2026TERM1yrMIN. DEPOSIT$ 500EST. EARNINGS$ 1000Over 1 yearBacked by the financial expertise of Goldman Sachs.
6 Mo CD AccountNorthern Bank and Trust CompanyMember FDICAPY4.15 %January 19, 2026TERM6moMIN. DEPOSIT$ 500EST. EARNINGS$ 1038Over 1 year
1 Yr CD AccountE*TRADEMember FDICAPY4.10 %January 19, 2026TERM1yrMIN. DEPOSIT$ 0EST. EARNINGS$ 1025Over 1 year
Compare Colorado Federal Savings Bank to competitors
Colorado Federal Savings Bank offers strong CD rates across the board. Here’s how it stacks up next to its competitors.
 Colorado Federal Savings Bank |  Discover |  Northern Bank Direct |
|---|---|---|
| 3 months | 3 months | 3 months |
| 3.50% | 2.00% | N/A |
| 6 months | 6 months | 6 months |
| 4.35% | 3.50% | 4.15% |
| 12 months | 12 months | 12 months |
| 4.10% | 3.90% | 3.25% |
| 18 months | 18 months | 18 months |
| 4.05% | 3.75% | 3.25% |
| 24 months | 24 months | 24 months |
| 4.00% | 3.60% | 3.25% |
| 36 months | 36 months | 36 months |
| 3.95% | 3.60% | 3.25% |
| 60 months | 60 months | 60 months |
| 3.80% | 3.60% | 3.25% |
| Learn more | Learn more | Learn more |
| View offer at Colorado Federal Credit Union | View offer at MoneyLion | View offer at Northern Bank Direct |
Bank details checked Aug. 21, 2025
Learn more about Colorado Federal Savings Bank
Colorado Federal Savings Bank is headquartered in Greenwood Village, Colorado. It’s an online bank that offers CDs, savings accounts, as well as treasury and cash management solutions. It also specializes in residential construction lending.
Colorado Federal Savings Bank is a federally chartered stock savings bank. You won’t find checking account or money market account options, nor are there any personal or business loans. It’s great for anyone searching for a high-yield savings account or CD, but any other banking needs you’ll have to find solutions for somewhere else.
Frequently asked questions
What is the minimum deposit required for Colorado Federal Savings Bank CDs?
The minimum deposit for Colorado Federal Savings Bank CDs is $5,000.
Do I have to live in Colorado to open an account here?
No, Colorado Federal Savings Bank serves customers across the U.S.
Can I open a Colorado Federal Savings Bank CD online?
Yes, you can open a Colorado Federal Savings Bank CD online—even if you don’t live in Colorado. Its CDs are available nationwide.
Can I use Colorado Federal Savings Bank CDs in a CD ladder strategy?
You can use Colorado Federal Savings Bank CDs in a CD ladder, but remember its minimum opening deposit requirement of $5,000. You’ll need a significant chunk of money to build a CD ladder with Colorado Federal when compared to many competitors which don’t enforce a minimum deposit.
What happens when my Colorado Federal Savings Bank CD matures?
When your Colorado Federal Savings Bank CD matures, it will renew to the same CD term. You’ll have a 10-day grace period to close your account or open a different CD.
Are Colorado Federal Savings Bank CDs FDIC insured?
Colorado Federal Savings Bank CDs are FDIC insured up to the maximum $250,000.
