Certificate of Deposits (CDs) are a great way to save your money. They make great short or long term secure investments; each depositor is insured to at least $250,000. The bank offers CDs in a variety of terms from 6 months to 36 months.
- $500.00 minimum opening balance
- Competitive Interest Rates
- FDIC Insurance
Interest compounds and may be added to the balance of the CD or paid to the customer by check. The frequency of interest compounding, the frequency at which it is paid, and the penalties paid for early withdrawal will vary based on the term of the CD.
Please see a Bank Employee for more details and current interest rates.