Certificates of deposit

A Certificates of Deposit is considered one of the best ways to save money.

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Certificates of Deposit

Certificates of Deposit

Business Investment Certificate of Deposit

A Certificate of Deposit is considered one of the best ways to save money. This account allows you to earn interest at a fixed rate on funds you deposit for a specific period of time.

Feature & benefits

$1,000.00 minimum opening deposit
Fixed Interest Rate
Highest Interest Earnings
Great way to save money

Minimum Balance to Open the Account 
$1,000 

Terms

3 months to 5 years

Rate Information
The interest rate and Annual Percentage Yield (APY) in effect at account opening will be paid until first maturity.  For details, please stop by or call one of our offices.

Transaction Limitation 
You may not make any deposits into your account before maturity.  You can only withdraw interest credited in the term before maturity of that term without penalty.

Early Withdrawl Penalty 
A penalty may be imposed for withdrawals before maturity.  Penalty amount varies by the original maturity term.  Other restrictions may apply.

Renewal of Time Deposit 
Automatic renewal for your convenience.  For details, please stop by or call one of our offices.

Interest Compounding & Credit Frequency 
Interest will be compounded daily and credited to your account monthly, quarterly, annually, or at maturity. (for CDs less than one year)


 

 

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