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Certificates of Deposit

Summary

CDs have high yields and are insured up to $250,000 by the FDIC (effective until 2013). With a set maturity date, they are an excellent way to save for long-term goals. Our CDs combine security and flexibility with higher returns on your money.

  • Generally available from 30 days to four (4) years
  • Automatic renewal
  • Interest rate is locked in for term
  • No maintenance fee
  • Accounts FDIC insured up to $250,000 (effective until 2013)
  • $500 minimum deposit
  • Penalty for early withdrawal is three (3) months interest or $50.00, whichever is greater

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Important disclosures regarding the FDIC’s Transaction Account Guarantee Program