Time Deposit Accounts
A Certificate of Deposit (CD) is a deposit account that provides a fixed rate of return for a specific period of time. CDs offer you peace of mind and great earnings potential, without risking what you have worked hard to save. They are FDIC-insured up to $250,000 ($1,000 minimum to open with six-month to five-year terms).
We offer several CD options. Contact your banker for more information.
Certificates of Deposit
|
Term |
Interest Rate** |
APY** |
Compounding Frequency |
|
*6 Month CD |
.50% |
.50% |
At Maturity |
|
*12 Month CD |
.75% |
.75% |
Quarterly |
|
*24 Month CD |
.85% |
.85% |
Quarterly |
|
*30 Month CD |
.95% |
.95% |
Quarterly |
|
*36 Month CD |
1.00% |
1.00% |
Quarterly |
|
*48 Month CD |
1.10% |
1.10% |
Quarterly |
|
*60 Month CD |
1.24% |
1.25% |
Quarterly |
*In the event that the depositor is allowed to withdraw all or part of his/her deposit before maturity, a substantial penalty may be imposed. (Some restrictions may apply.)
**CDS AND IRAS: Fees could reduce the earnings on
the account. Penalty may be imposed for early withdrawal. Contact
an employee for further information about the applicable fees and
terms. APY = Annual Percentage Yield
Individual Retirement Accounts
|
Accounts |
Interest Rate** |
APY** |
Compounding Frequency |
|
*6 Month IRA |
.60% |
.60% |
Quarterly |
|
*12 Month IRA |
.85% |
.85% |
Quarterly |
|
*24 Month IRA |
.95% |
.95% |
Quarterly |
|
*36 Month IRA |
1.10% |
1.10% |
Quarterly |
|
*60 Month IRA |
1.34% |
1.35% |
Quarterly |
*In the event that the depositor is allowed to withdraw all or part of his/her deposit before maturity, a substantial penalty may be imposed. (Some restrictions may apply.)
**CDS AND IRAS: Fees could reduce the earnings on the account. Penalty may be imposed for early withdrawal. Contact an employee for further information about the applicable fees and terms.APY = Annual Percentage yield
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