Certificates of Deposit
Personal Certificate of Deposit (CD)
Take advantage of flexible contract and maturity terms designed to help you save or plan for future expenditures.
- Terms range from 30 days to 5 years
- Minimum balance varies based on the term selected
- 30 day to 3 month term requires $1,000 minimum
- 6 month term requires $500 minimum
- 12 month to 60 month term requires $200 minimum
- Choose an automatically renewable CD to never miss a day’s worth of interest; however, we do offer non automatically renewable CDs as well
- Competitive tiered rates
- Higher rates available for balances over $10,000 and $45,000
- Deposits allowed at any time (may be subject to approval)
- Early withdrawal penalties may apply
Junior Certificate of Deposit (CD)
The Junior CD is available to children and students (under age 24). Monies deposit to this CD must be the sole, indisputable property of the child or student.
- $50 minimum to open
- Deposits allowed at any time (may be subject to approval)
- 24 month term
- Early withdrawal penalties may apply
- Competitive rate
- Interest compounds quarterly
- Automatically renewable
Grade Point Certificate of Deposit (CD)
The Bank wishes to encourage scholastic achievement and at the same time provide incentive and opportunity for students to save toward their education, business’ or professions. Monies deposited to this CD must be the sole, indisputable property of the student. The Grade Point CD is available to any full time student under the age 24 who receives a letter grade.
- $100 minimum to open
- Deposits allowed at any time (may be subject to approval)
- $20 minimum deposit allowed at one time
- 12 month term maturing on August 30th of each year after the inital maturity
- Early withdrawal penalties may apply
- Competitive rate guaranteed for the term of the CD; however, bring in your grades at the end of the school year for an even better rate.
- Automatically renewable
For more information including rates or to open an account, stop by our locations or call.
*There are documentation requirements that must be met to open an account.
