Certificate of Deposit
- Certificate of Deposit
We offer a variety of maturities on our CDs, including our 12-month Flex Rate CD which lets you change your rate once during the term of the CD. In addition, we offer you the option of having your interest either deposited into an account or compounded into your CD. Sign up for one today!
- You will be paid this rate until maturity.
- Interest will be compounded on a monthly basis
- The annual percentage yield assumes interest will remain on deposit until maturity
- A withdrawal will reduce earnings
- Interest will be credited to your account on a monthly basis
- Interest begins to accrue on the business day you deposit noncash items (for example, checks)
- You may not make withdrawals from or deposits into this account until the maturity date
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Renewal Policy
- This account will automatically renew at maturity.
- You will have 10 calendar days after the maturity date to withdraw funds without penalty
We may impose a penalty if you withdraw any of the deposited funds before the maturity date. A penalty as shown below will be imposed:
- CDs of 12-months or less = 30 days interest penalty
- CDs of greater than 12-months = 90 days interest penalty
Note: Terms on existing CDs remain effective until the next maturity date.
- Qualifications
- $1,000 deposit required to open an account
- A minimum daily balance of $1,000 must be maintained in the account each day to obtain the disclosed annual percentage yield
- See account representative for additional options
Other Popular Products
Account Upgrades
Account Upgrades can be added to most of our Personal Checking Accounts, and help you get the products and services that are right for you.
More
Auto Loans
Finance your first car or your dream car! Take advantage of a wide variety of rate and term combinations to get you on the road today.
More
