Lock in Your Special CD Rate in Minutes

Girl Climbing With a Bank of Utah Certificate of Deposit, you get guaranteed returns on your investment, and with our special Promo CDs, you can reach even greater heights with your money.

Take Advantage of Our Exclusive Mortgage CD Offer

    Open in as few as 5 minutes using the link below.
    Deposit $1,000 or more to open a CD and get 5.35% APY for 15-months.
    Open with funds from an account outside of Bank of Utah using an electronic transfer to be guaranteed the rate.
    This exclusive offer is available for a limited time.
    Use the "Open a 15-month CD" button for CDs funded at $1,000-$99,999.
    Use "Open 15-month Jumbo CD" with CDs valued at $100,000 - $1,000,000.

Open a 15 Month CD     Open a 15 Month JUMBO CD

CD Highlights

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Enjoy a Competitive, Guaranteed Rate

Earn more in interest and reach your savings goals faster, with predictable, risk-free earnings.

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Bank Digitally and Personally

Access a robust suite of digital account tools, and connect with friendly banking experts.

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Open Your Account Safely

Be confident that our secure banking technology protects you throughout the process. Learn more here.

Opening an account is quick and easy and can be done in as little as 5 minutes.

Here's a short glimpse of the process:

  1. Provide your personal information; just a few basics – no documentation needed.
  2. Make your initial deposit into the account, with funds from an account outside of Bank of Utah to be guaranteed the rate. Using a combination of either an account number and routing number OR username and password from another institution, transfer funds easily within the digital application.
  3. Read and agree to the disclosures associated with the account.
  4. Opt into eStatements if you'd like.
  5. Check your email for confirmation or next steps.

Open a 15 Month CD


Bank of Utah is Recognized by BauerFinancial as a 5-Star Bank

Bauer Financial Bank of Utah 5-Star Rating award

BauerFinancial, Inc. is a national financial company that provides unbiased, independent star-ratings.


A Little More About This CD Promotion

  1. The 15-month Promos CDs must be opened online, and with money from an account outside of Bank of Utah, to be guaranteed the promotional rates.

  2. You must deposit $1,000 to open the CD account.

  3. The interest rate for a 15-Month CD is 5.25% with an annual percentage yield of 5.35%.

  4. The annual percentage yield assumes that interest remains on deposit until maturity. A withdrawal of interest will reduce earnings.

  5. You must maintain a minimum balance of $1,000 in a CD each day to obtain the disclosed annual percentage yield.

  6. The interest rate on your account will be paid until first maturity.

  7. We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

  8. Interest begins to accrue on the business day you deposit noncash items (for example, checks).

  9. Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity):

    • Since the term is longer than one year, the fee we may impose will equal 182 days interest on the amount withdrawn subject to penalty.

    In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.

  10. The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

  11. If you prevent renewal, interest will not accrue after final maturity. Your CD will automatically renew as your original term, beginning on the maturity date. The interest rate will be the same we offer on new time deposits on the maturity date, which have the same term, minimum balance (if any) and other features as the original time deposit. You will have 10 calendar days after maturity to withdraw the funds without a penalty.


Interested in other terms and investment levels?

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