*Annual Percentage Yield (APY) is accurate as of 2/1/2023. Rate is subject to certain terms and conditions. You must deposit at least $500 to earn the disclosed APY. In the event of withdrawal before stated maturity, an early withdrawal penalty will be imposed. Offer can be revoked at any time.
***Eligibility Requirements for Promo High-Yield 12-Month CD of 4.00% APY:
- The Promo High-Yield 12-Month CD is only available for new accounts opened on or after 2/1/2023.
- This Certificate of Deposit will renew automatically at maturity. Webster Bank will allow a 7-day grace period after the maturity date to deposit or withdraw funds without penalty. If no changes are made to the account, the account will renew to a 12-month certificate of deposit at the standard, non-promotional rate in effect at the time of renewal.
All deposit products are provided by Webster Bank, N.A. ("Webster Bank"), an insured FDIC institution. BrioDirect is a sub-brand of Webster Bank. Webster Bank operates under the trade name BrioDirect. This trade name is used by, and refers to, Webster Bank, a single FDIC-insured bank.
Accounts that are opened via www.briodirectbanking.com and marketed by BrioDirect are Webster Bank accounts. Deposits in these accounts are made with Webster Bank. For purposes of determining how much FDIC insurance is applicable to your accounts, you need to consider not only the BrioDirect online savings, CD, or checking accounts that you maintain, but also all other accounts you maintain at Webster Bank.