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CERTIFICATES OF DEPOSIT
For those customers able to maintain higher
balances with no immediate need to access their funds.
- Opening deposit of $500.00 and
above depending on the term
- Interest:
- Terms less than 6 months
paid at maturity without compounding
- Terms 6 months and greater
compounded and paid quarterly, or direct deposited into a checking
account monthly
- Terms 91 days to 60 months
- Withdrawals:
- Terms under 6 months -
forfeiture of all accrued interest, penalty for early withdrawal
- Terms 6 to 12 months -
three month penalty for early withdrawal
- Terms greater than 12
months - 6 month penalty for early withdrawal
ANNOUNCING THE RATERISER CD
This 36 month premium rate CD allows you to adjust the rate once during the term, to reflect a then higher current rate. You can also add to the principal balance of the CD once during the term in multiples of $1,000.00. Call us today for more information on this great new way to invest with added flexibility. Limited time offer, don't delay!
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