Grow your money worry-free with a Certificate of Deposit.
A Certificate of Deposit (CD) offers a secure place for your money that avoids the volatility of the market. CD options include a choice of maturities and offer competitive fixed interest rates where your money grows worry-free.
CD Features
- $1,000 minimum opening deposit
- Terms from 7 days to 5 years
- Tiered interest rate, depending on balance, to obtain Annual Percentage Yield (APY). See Truth In Savings disclosure.
- Advance maturity notice will be sent to you
- Transaction history is available on Online Banking
- 6 month, 12 month, 18 month CDs allow unlimited deposits of $100 or more before maturity (excluding special rate CDs)
CD Benefits
- Safety (FDIC Insurance)
- Earns higher interest than a savings account (depending on tier)
- Free 24 Hour Telephone Banking
Keep in mind that an early withdrawal penalty will apply if the CD is closed prior to maturity.