Earn additional interest with a fixed-rate time deposit. A Certificate of Deposit pays interest over a selected time period, ranging from 7 days to 4+ years ̶ whatever fits your needs and financial goals.
A Certificate of Deposit offers these benefits:
- Interest paid at maturity
- Interest may be reinvested into the CD or deposited into an existing account
- Earns higher rate of interest
- May set your own maturity date, within limits
- Terms may vary between 7 days and 4+ years
- CD may be used as collateral for a loan
- Minimum balance of $1,000 for a term of less than 12 months or
- $500 for a term of 12 months or more
*Penalties apply for early withdrawal.
