Skip to Main Content

No-Penalty 11 Month CD

Lock up a great rate without locking up your money.

  • Earn an incredible 2.35% APY*

  • No setup or maintenance fees

  • One time penalty-free withdrawal

  • $1,000 minimum deposit

Man wearing a teal shirt and his wife wearing a lime shirt are smiling looking at their computer
Penalty-Free CDs
Happy man and wife talking to a banker

Grow Your Savings Safely Over Time

Get the security and yield of a traditional CD with the convenience of liquidity.

Typically, CD’s lock away cash at a competitive, fixed rate. With OMB’s no-penalty CD, you have the added flexibility of a one-time early withdrawal without a fee. If rates go up, you can cash out. So don’t be afraid to lock in your money at a great rate — grow your earnings faster and enjoy more liquidity with our no-penalty CD.

Watch Your Savings Grow at OMB

Plan for Anything

Our 40+ free financial calculators can help you finesse your budget, compare borrowing costs, forecast earnings and so much more.

Harness the Power of Mobile Banking

OMB's industry-leading mobile banking app puts you in control of your finances in powerful new ways. Check balances, transfer funds, pay bills, deposit checks, even chat live with our friendly staff directly in the app. With enhanced digital banking features and online security, you'll wonder how you ever lived without it. Download it now!

Your 24/7 Personal Digital Branch

Payments are fast, safe and easy thanks to Zelle®. Pay your family and friends or request money regardless of where they bank.

Download on the App StoreGet it on Google Play
Jack Henry Mobile app dashboard mockup



Get More Help

What does it mean if I receive a hold on my account after I’ve made a deposit?

Who is OMB?

How do I change my address?

What types of credit products does OMB offer?

What other business services are offered at OMB?

Where can I find my account number?

Not sure which account is right for you?