A traditional CD is a great way to lock in a competitive rate for a fixed period of time, and know exactly what you’ll walk away with.
How It Works:
There’s nothing fancy about the traditional CD account. Decide on your term, lock in your rate and you’re guaranteed an interest payment once the CD matures.
Account Features:
- Online & Mobile Banking
- eStatement
- FDIC Insurance up to $250,000
- Interest is calculated using the daily balance method and is credited monthly.
Best for:
- Taking advantage of a short-time high rate
- Freeing up your invested funds sooner
- Knowing exactly what you’ll walk away with
For information about opening a shorter term CD, please call 866.698.5760.
Scroll to the right for more info:
| | Certificatesof Deposit | Certificates of Deposit Account Registry Services |
| Competitive rate onsavings for a fixed period | FDIC insured higher balances, consolidated to one bank relationship |
| Interest Bearing | | |
| Minimum to Open | In-Branch: $1,000 | $250,000 |
| Minimum Daily Balanceto Obtain Disclosed APY | $.01 | $250,000 |
| Terms and Rates | 90 Days to 36 Months. See Available Rates. | Call a Banker for Terms and Rate 866-698-5760 |
The APY we pay is based on your opening deposit amount. Advertised APYs are subject to change. Early Withdrawal Fees could reduce the earnings on this account. Early Withdrawal Fees depend on the terms of your account. Currently, the fees are: 2 months of interest for the 12 and 18-month CD, 3 months of interest for the 24-month CD and 4 months of interest for the 36-month CD. Refer to account opening agreements for the full details.
Your CD will automatically renew at maturity for a time period equal to the original term. The interest rate for each renewal term will be the rate currently offered on the maturity date. You may redeem your CD within 10 days after the maturity date without penalty.
