CDs

CDs

Certificates of Deposit

Certificates of Deposit (CDs) provide higher interest than regular savings accounts in return for your agreement to commit savings for specified periods of time.

  • Terms from 6 months to 60 months
  • $500 minimum opening deposit
  • Competitive market rates
  • Quarterly compounding and crediting of interest on terms longer than 1 year
  • Penalties may apply for early withdrawal