Secure path to financial growth and stability
A Certificate of Deposit (CD) is a reliable and low-risk investment option, providing you with a fixed interest rate and a predetermined maturity date. With terms ranging from months to years, you have the flexibility to choose the CD that aligns with your financial goals.
Benefits:
- Competitive Interest Rates: Enjoy attractive interest rates that outshine traditional savings accounts, ensuring your money works harder for you
- Security and Stability: Rest easy knowing your investment is secure and FDIC-insured (up to the maximum allowed by law).
- Flexible Terms: 91 days, 182 days, 1 year, 2 years, 3 years, 4 years, choose a term that fits your needs!
- Predictable Terms: With a fixed interest rate locked in at the start, you'll know exactly how much you'll earn at the end of your CD term, allowing for better financial planning.*
*Early withdrawal penalties are assessed if funds are withdrawn before the end of the term. Certificates automatically renew for an additional term if not withdrawn during the grace period (10 days), renewal rate is based on stated rate at the time of renewal.
Certificate of Deposit FAQ
What is the grace period for a Certificate of Deposit?
Certificate of Deposit (CD) customers have 10 calendar days from the date that the automatically renewable certificate came due to redeem it without penalty. Non-renewable certificates can be redeemed any time after maturity; however, they do stop earning interest on the maturity date.
Not sure if you have an automatically renewable CD or non-renewable one? Contact a Customer Service Representative at any of our full-service offices and someone will be happy to assist you.
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