Sign Up

Need help? Drop us an email or call 410.768.7800

Certificates & IRAs

Arundel Federal Savings Bank Certificates of Deposit (CD’s) and Individual Retirement Accounts (IRA’s) are a stable way of investing: a guaranteed interest rate for the full term of your deposit. Your money has the potential to grow faster because both offer guaranteed interest rates generally higher than regular savings and money market accounts. View today’s Certificate of Deposit rates here.

We offer short and long-term options ranging from 6 months to 84 months. Many of these products can be opened online here or by visiting one of our local Maryland branches located in Annapolis, Brooklyn, Glen Burnie, Pasadena, and Severna Park. 

Jump To:

Certificates and Retirement

Select a term that works for you and start saving for a set period of time.

  • Competitive interest rates based on opening deposit and term
  • Interest is compounded daily & credited monthly
  • Terms from 6 to 84 months
  • Penalty for early withdrawal

Effective Date: Wednesday, November 12, 2025

Certificate and Retirement Accounts (Rate Table)
Account Type
Annual Percentage Yield (APY)
Minimum Balance To
Earn APY/Open
6 Month3.75$1,000.00
9 Month *3.90$1,000.00
12 Month3.75$1,000.00
13 Month *3.50$500.00
18 Month3.60$1,000.00
24 Month3.15$1,000.00
36 Month^^2.50$5,000.00
48 Month2.50$1,000.00
48 Month2.75$25,000.00
60 Month2.50$1,000.00
60 Month2.75$25,000.00
84 Month2.75$10,000.00
Wealth Builder IRA^*°0.25$50.00
Wealth Builder IRA^*°0.50$5,000.00
Wealth Builder IRA^*°1.00$25,000.00

^ Denotes variable rate account. The interest rate may change after the account is opened.
^^ denotes bump up CD-one rate adjustment per term

* certain limitations apply
# minimum balance to earn interest is the same as the required minimum opening balance unless noted in Special Features           
° Interest is paid on the full balance in the account based on the applicable tier.

Accounts subject to fees & charges. Fees may reduce earnings.
Early withdrawals on CDs may result in substantial penalties.
For other terms and account information please call 410-768-7800.
For 24/7 telephone access to accounts and products call Bankline 888-225-4417.

The Wealth Builder IRA^*°

Select a tier that works for you and start saving for your retirement adventures.

  • Must have a checking or savings account with Arundel Federal Savings Bank to open a Wealth Builder IRA
  • $50 minimum opening deposit
  • Variable interest rate
  • Interest is compounded daily & credited monthly
  • Interest Tiers: $50 - $4,999.99, $5,000 - $24,999.99, $25,000+
  • Transaction limitations apply - see the account disclosure for a full list of permitted and limited transactions
  • One Wealth Builder IRA per IRA plan type - Traditional or Roth

New Customers:

If you are new to Arundel Federal Savings Bank, please open a new checking or savings account first. Our Goal Maker Savings only requires $5 to open and offers a premium promotional interest rate!

  1. Open a new checking account or savings account
  2. Open and print The Wealth Builder IRA package - Select Traditional or Roth IRA
  3. Follow 1-2-3 Wealth Builder IRA instructions to complete and mail package

Existing Arundel Federal Savings Bank checking or savings account holders:

  1. Open and print The Wealth Builder IRA package - Select Traditional or Roth IRA
  2. Follow 1-2-3 Wealth Builder IRA instructions to complete and mail package

Effective Date: Wednesday, November 12, 2025

Certificate and Retirement Accounts (Rate Table)
Account Type
Annual Percentage Yield (APY)
Minimum Balance To
Earn APY/Open

^ Denotes variable rate account. The interest rate may change after the account is opened.
^^ denotes bump up CD-one rate adjustment per term

* certain limitations apply
# minimum balance to earn interest is the same as the required minimum opening balance unless noted in Special Features           
° Interest is paid on the full balance in the account based on the applicable tier.

Accounts subject to fees & charges. Fees may reduce earnings.
Early withdrawals on CDs may result in substantial penalties.
For other terms and account information please call 410-768-7800.
For 24/7 telephone access to accounts and products call Bankline 888-225-4417.

How to Open

Open an Account

Learn more about:

How else can we help?