Certificate of Deposit (CD) Savings & CDs
When it comes to your finances, it's best not to gamble. A certificate of deposit offers sure returns, so you can plan for your financial goals. Choose from a variety of terms and then lock in your rate.
When your term is up, you can cash out or roll it into another CD for more returns.
- Guaranteed returns with fixed rates
- Choose from terms that range from 3 to 60 months
- Penalty for early withdrawal applies*
- Interest earned may be withdrawn without penalty at any time during the current term
- FDIC insured up to $250,000
- $500 minimum deposit to open
*Penalty is charged only on the principal amount withdrawn:
3 months earnings if term less than 1 year whether earned or not.
6 months earnings if term is at least 1 year but less than 3 years whether earned or not.
12 months earnings if term is at least 3 years whether earned or not.
Penalty is waived upon death – death certificate necessary.