Open your CD account online

Information to get started

UmbrellaBank.com consistently pays competitive rates on certificates of deposit (CDs). We offer a variety of terms, and your account is federally insured to at least $250,000 per depositor by the Federal Deposit Insurance Corporation (FDIC). To ensure that the greatest number of customers can benefit from our high rates, UmbrellaBank.com limits aggregate deposit balances to $1 million per tax identification number. Here are some guidelines to get started.

Guidelines

  • For joint or individual personal accounts only without beneficiaries.
  • Account holders must be United States citizens with a valid Social Security number.
  • Powers of Attorney will not be accepted to open an account.
  • Safekeeping receipts will be issued on all certificates in lieu of original.
  • You can contact us any time you need additional information.

Customer Identification Program

In accordance with Section 326 of the USA PATRIOT Act signed October 26, 2001, all persons who have accounts at UmbrellaBank.com are subject to the Act's identity verification requirements even though they may be long-term customers of, and well known to, UmbrellaBank.com.

For purposes of the regulation, an "account" includes every formal banking relationship that entails ongoing services, dealings, or transactions, including deposits such as money market, statement savings, and CD accounts.

If you request to open an account or become a signatory on an account with UmbrellaBank.com and we have not previously verified your identity under the Act's regulatory requirements, we must request documentary verification of your identity, such as a driver's license or passport.

We thank you for your patience as we comply with the identity verification requirements of the Act. At UmbrellaBank.com, we value your trust and take steps to protect your identity and confidentiality. Read our full Privacy Policy here.