Investors Community Bank (WI) Bumps 5-Year CD Rate


Deal Summary: Certificates - 1-year (2.25% APY), 2-year (2.40% APY), 3-year (2.60% APY), 4-year (2.75% APY), 5-year (3.00% APY), $5k minimum deposit

Availability: Six northeast Wisconsin counties

Last week, Investors Community Bank (ICB) raised the rates on all its Certificates, with several currently leading the rates race in the Bank’s market area. ICB structures its Certificates a bit differently than most banks, allowing the customer to adjust the term length within the stated parameters. For example, the 1 to <2 year Certificate can be set to mature in 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, or 23-months. The minimum deposit for any ICB CD is $5k, with no stated balance cap.

The rate hikes for these Certificates ranged between 15 and 45 bps, with all the Certificates enjoying their highest APYs since they were added to the product line. In the past year, there have been between six and eight rate increases for ICB’s Certificates.

According to CSR, the Early Withdrawal Penalty for all Certificates with terms between one and five years is six months interest on the amount being withdrawn.


Headquartered in Manitowoc, Wisconsin, Investors Community Bank’s market area includes the northeast Wisconsin counties of Brown, Calumet, Manitowoc, Outagamie, Portage, and Winnebago.

Opening a Certificate at ICB can be done at any of the five Wisconsin branches, located in Appleton, Ashwaubenon, Green Bay, Manitowoc, and Stevens Point. CSR stated that “a lot of the paper work can be sent via U.S. mail” for existing ICB customers.

The Bank’s online platform, Investors Online is currently limited to account management and bill payment services.

Bank Overview

Investors Community Bank has an overall health rating of "A" at, with a Texas Ratio of 8.43% (excellent), based on December 31, 2017 data. In the past year, ICB has increased its total non-brokered deposits by $42.23 million, an excellent annual growth rate of 5.38%. Please refer to our financial overview of Investors Community Bank (FDIC Certificate # 34295) for more details.

Founded in 1997 by four local banking entrepreneurs, Investors Community Bank celebrated its 21st anniversary last month. ICB became one of the fastest growing banks in Wisconsin and is currently the 13th largest bank in the state, with assets in excess of $1.3 billion. Earlier this year, ICB featured a “Giving Back” money market promotion.

For a limited time, ICB donated $20, in celebration of the bank’s 20th anniversary in 2017, to local charities for each ICB Money Market account that was opened. Five charities in each market were chosen by ICB staff to receive the donations, then the customer selected which of the five to designate their donation to. More than $3000 was donated to charities in Appleton, Green Bay, Manitowoc and Stevens Point through this promotion.

How the Certificates Compare

When compared to the 257 similar length-of-term CDs tracked by, which are available within the Bank’s market area and require a similar minimum deposit (and without a small balance cap), Investors Community Bank’s 1-year to < 2-year Certificate APY currently ranks first.

When compared to the 249 similar length-of-term CDs tracked by, requiring a similar minimum deposit and available within the Bank’s market area, Investors Community Bank’s 3-year to <4-year CD APY currently shares the top rung with Live Oak Bank’s 3-year CD APY.

When compared to the 214 similar length-of-term CDs tracked by, requiring a similar minimum deposit and available within the Bank’s market area, Investors Community Bank’s 4-year to <5-year APY currently ranks second.

When compared to the 218 similar length-of-term CDs tracked by, requiring a similar minimum deposit and available with the Bank’s market area, Investors Community Bank’s 5-year Certificate APY currently shares the top spot with six other institutions: American Bank, Bank First National, BMO Harris Bank, Quorum Credit Union, Service Credit Union, and Utah First Federal Credit Union.

The above rates are accurate as of 4/2/2018.

To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.

Related Pages: Green Bay CD rates, Wausau CD rates, 1-year CD rates, 5-year CD rates

Competitive 18-Month Special CD at Investors Community Bank in WI - Local Only

Investors Community Bank is offering a special 18-month CD with a 2.00% APY. Minimum deposit is $10,000, and the maximum is $100,000. This rate is listed in the bank's promotions page as of 6/02/2010.

It appears that a branch visit is required to open an account. The bank's office is located in Manitowoc, Wisconsin.

The bank's ratings for safety and soundness are a little above average: 4 stars (excellent) at BauerFinancial, 3 stars (performing) at, and an overall health score of 3 out of 5 at (see our Investors Community...

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