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

.40%

.40%

At Maturity

*12 Month CD

.60%

.60%

Quarterly

*24 Month CD

.70%

.70%

Quarterly

*30 Month CD

.75%

.75%

Quarterly

*36 Month CD

.80%

.80%

Quarterly

*48 Month CD

.85%

.85%

Quarterly

*60 Month CD

1.00%

1.00%

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

.50%

.50%

Quarterly

*12 Month IRA

.70%

.70%

Quarterly

*24 Month IRA

.80%

.80%

Quarterly

*36 Month IRA

.90%

.90%

Quarterly

*60 Month IRA

1.10%

1.10%

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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