5-MONTH BOOST CD SPECIALS
with Blue Axis® Checking
and Blue Carbon® Checking


5 Month Boost CDs

5 Month Boost CDs


At Blue Foundry Bank, we're dedicated to creating innovative solutions to help you make the very most out of your money. Our 5-Month Boost CDs are just that, giving you the ability to earn up to 6.00% APY when you maintain an average daily balance of 12.6% or more of your total deposit in a Blue Axis® Checking or Blue Carbon® Business Checking account for the entire term.

At Blue Foundry Bank, we're dedicated to creating innovative solutions to help you make the very most out of your money. Our newest savings tool, Blue Axis® Boost CD, is a 5-month term CD that can earn up to 6.00% APY when you maintain an average daily balance of 12.6% or more of your total deposit in a Blue Axis® Checking account for the entire term.

BLUE AXIS® BOOST CD


Earn up to 6.00% APY

Boost your savings with our Blue Axis® Boost CD, with a 5-month term. Earn a 6.00% APY1 when you maintain an average daily balance of 12.6% or more of your total deposit in a Blue Axis® Checking account for the entire CD term.

  • Minimum opening deposit of $5,000

  • Must open a new or have an existing Blue Axis® Checking account

  • Must maintain an average daily balance of 12.6% or more of your total deposit in a Blue Axis® Checking account for the entire 5-month CD term

  • Penalty may apply for early withdrawal

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BLUE CARBON® BOOST CD


Earn up to 6.00% APY

Boost your savings with our Blue Carbon® Boost CD, with a 5-month term. Earn a 6.00% APY1 when you maintain an average daily balance of 12.6% or more of your total deposit in a Blue Carbon® Business Checking account for the entire CD term.

  • Minimum opening deposit of $5,000

  • Must open a new or have an existing Blue Carbon® Business Checking account

  • Must maintain an average daily balance of 12.6% or more of your total deposit in a Blue Carbon® Business Checking account for the entire 5-month CD term

  • Penalty may apply for early withdrawal

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Rate is effective as of 12/6/23. Minimum Deposit $5,000. In order to qualify for the 6.00% APY (Annual Percentage Yield), you must maintain an average daily balance equal to or greater than 12.6% of the total deposit (CD and Checking combined) in a Blue Axis® Checking or Blue Carbon® Business Checking account for the entire CD term. For example, if your total deposit is $10,000, you would need to place $1,260 in a Blue Axis® Checking or Blue Carbon® Business Checking account and $8,740 in a Boost CD. APY of 6.00% is based on an interest rate of 5.83%. One Boost CD per Blue Axis® Checking and one Boost CD per Blue Carbon® Business Checking. Upon maturity the Boost CD will renew to a 6-month CD. The interest rate in effect at the time the certificate renews into the new term will be applied to the account. CD must be new money only. New money is defined as money not currently on deposit at Blue Foundry Bank. If you do not maintain the required balance in your Blue Axis® Checking or Blue Carbon® Business Checking account, your certificate will earn an APY of 5.25%, based on an interest rate of 5.12%. Upon account opening, certificate will earn an APY of 5.25%, which will compound daily and be credited monthly. If required balance is met, upon maturity your account will be credited an additional amount which will make the APY equal to 6.00%, compounded daily, for the entire CD term. Any additional interest will not be credited for early terminations, or if the average daily balance in the Blue Axis® Checking or Blue Carbon® Business Checking account falls below 12.6% of the total deposit during the CD term.


Accounts opened online require eBanking enrollment.


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