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Certificates of Deposit
A deposit made for a specified length of
time at a fixed rate, traditionally higher then checking or savings
accounts.
Requirements
- Minimum deposit to open - $500
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Benefits
- We offer competitive, current
market based rates on our Certificates of Deposit and have a
variety of maturity and interest payment options
available
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Cost
- There is a substantial penalty
for early withdrawal.
- After the maturity date, you
will have ten (10) days to withdraw the funds. If the funds are
not withdrawn, the account will automatically renew for an
identical period as the original term.
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