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Certificates of Deposit

 

Guaranteed Rate Until Maturity

Save for a later day

 

Perfect for the saver who doesn’t need immediate access to their money

 

Yields a better interest rate than most other traditional savings accounts

Pregnant mother and father reading book to their baby. Pregnant mother and father reading book to their baby.

Advantages of Certificates of Deposit (CDs)

 

  • Maturity terms from 30 days to five years1
  • Interest calculated on a 365-day basis at a rate determined by the maturity term
  • Interest may be paid directly to you or added back to the CD
  • Interest rate is guaranteed according to maturity term
  • Minimum to open $1,000
  • Can be used as collateral for a loan2

1 Penalties for early withdrawal apply

2 Funds may not be accessible if used as collateral