Certificate of Deposit
What is a Certificate of Deposit?
A Certificate of Deposit (CD) is a savings product with the security of a fixed return over a specific length of time. Your FDIC-insured1 CD account will typically earn more than a standard savings account, but any money deposited must remain at the bank throughout its term*.
Free Online Banking
- Access electronic copies of your 1099 and certain other tax forms through Online Banking
Minimum Opening Deposit | Minimum deposit varies by account term; select View Rates to see minimum opening deposit for each CD term. |
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Interest Paid | Compounded Daily |
Minimum Balance | N/A |
Monthly Service Charge | N/A |
Terms | We offer terms from 3 months to 5 years* • Longer terms offer potentially higher interest rates • Shorter terms mean quicker access to your funds |
Check Writing Privileges | No |
Transactions | Funds cannot be added during the term and penalty for early withdrawal. Funds can be added or withdrawn at maturity. |
Questions about which account is right for you?
We're here to help you make the best choice. Just give us a call.
800-453-2265
Ideas & Tips
*Annual Percentage Yields (APYs) effective: September 4, 2024
Penalty may be imposed for early withdrawal.
- The Federal Deposit Insurance Corp. (FDIC) insures each depositor to at least $250,000.