CDs are predictable savings vehicles that eliminate the instability of a fluctuating market, typically offering higher rates than a regular savings account as interest rates are tied to the duration of the investment.
A choice of terms and competitive rates- CDs can be issued for business use, personal use, or trust with a beneficiary designation option.
CD Terms and Minimum Balance Requirements
30-day | $5,000 |
90-day | $500 |
6-month | $500 |
10-month (one PENALTY-FREE withdrawal after 7 days permitted) |
$5,000 |
12-month | $500 |
24-month | $500 |
36-month | $500 |
48-month | $500 |
60-month | $500 |
Jumbo CD
$100,000 minimum balance requirement
A penalty may be assessed if a certificate of deposit is closed prior to maturity. For more details and current rates please see Our Rates.