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Accounts: Certificates of Deposit

 

Description:

  • For the customer who would like to earn the maximum interest, whether it is long term, short term, or a combination, with the flexibility of when and how the interest is paid that's your choice. 

Requirements:

  • Minimum balance of $1,000.00

Benefits:

  • Competitive interest rates for the term you select
  • Convenient automatic renewal option to save you time
  • Terms to fix your needs (30 days -48 months)
  • Your choice of interest payment options includes add-on to certificate, by check or deposit to your account.
  • May be used as collateral
  • FDIC insured    

Cost:

  • The penalty for early withdrawal of Certificates is a percentage of the interest that would have been earned if the Certificate had remained on deposit until maturity.

 


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