Certificates of Deposit (CDs) are savings deposits with guaranteed interest rates for a specific period of time. CD Bank offers CDs with terms from 3 to 60 months that feature high yields at competitive rates. The minimum opening deposit is $100,000.
*APY = Annual Percentage Yield. Interest rates and APYs are accurate as of the effective date and are subject to change without notice. Early withdrawal penalties may apply to Certificate accounts. For further product descriptions, please make an inquiry to a Bank Representative. Annual Percentage Yield assumes interest is redeposited and remains on deposit until maturity. A withdrawal of interest will reduce earnings. Interest begins to accrue no later than the business day we receive credit for deposited noncash items (for example, checks). We use the daily collected balance method to calculate interest on deposit accounts. This method applies a daily periodic rate to the collected balance in the account each day. Interest is paid at maturity on certificates maturing in less than one year. Interest is compounded and paid semi-annually on certificates with a maturity of one year or longer. Funds can be withdrawn on automatically renewable certificates within ten (10) calendar days after maturity without incurring a penalty, unless otherwise disclosed. Interest is not paid after maturity unless the certificate has automatically renewed. Fees could reduce the earnings on some accounts.