A Certificate of Deposit (CD) offers you greater earning potential, plus added security. CDs are a guaranteed investment and growing source of interest that you can easily convert into cash upon maturity of the CD. Plus, CD's offer higher interest rates than regular savings or checking accounts.
Here’s how it works:
- Purchase a CD with a fixed sum of money for a fixed period of time - this can range anywhere from six months up to five years, depending on your future needs.
- Your CD earns interest based on current rates.
- When you cash in your CD at its maturity date, you receive the money you originally invested plus the compounded interest.
- Earn an additional .15% when you have a Relationship Checking Account and qualifying deposits of $50,000.*
*Qualifying deposits include: Checking, Savings, CD’s, IRA’s, and HSA accounts. Personal deposits only.
Stop by either location today to open a CD.