Frequently asked questions
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Benefits and features are subject to customer qualification and approval by Simmons Bank.
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All accounts subject to approval. Restrictions apply.
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1 Annual Percentage Yield (APY) accurate as of 1/16/2025. Advertised rate subject to change without notice. Minimum opening deposit of $5,000 or $50,000 required to obtain advertised APY. If opened online, the full opening deposit must be New Money, and if opened in person, at least half of the total opening deposit must be New Money. New Money is money that is not currently on deposit at Simmons Bank. Not available for public funds. A penalty will be imposed for early withdrawal. Fees may reduce earnings. CD renewal at maturity will be at the prevailing interest rate.
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Online opening currently only available to residents of Alabama, Arkansas, Arizona, Georgia, Indiana, Kansas, Missouri, Ohio, Oklahoma, South Carolina, Tennessee, and Texas.
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2 Data connection required. Wireless carrier fees may apply. Mobile deposit is available to Simmons Bank online and mobile banking customers who are at least 18 years of age and have the most recent Simmons Bank App for iPhone®, iPad®, or Android™.
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iPhone, iPad, Apple, and the Apple Logo are registered trademarks of Apple Inc.
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Android, Google Play, and the Google Play logo are trademarks of Google LLC.