Certificates of Deposit (CD)
A CD is a type of savings account where you set aside money for a fixed amount of time and earn guaranteed interest.
You should consider opening a CD if you have a longer-term savings goal in mind.
Why Choose a CD?
- Flexible terms from 30 days to five years
- Competitive rates
- Guaranteed prevailing rate upon renewal
See Our CD Specials
FAQs
A CD is a time deposit account where you agree to a fixed interest amount and term. Interest accrues
over the set period of time you agree to, and the full amount is available to you once the CD term
is completed.
Aside from an early withdrawal fee, there are no fees added to your CD account.
Annual Percentage Yield is the rate of return accumulated on your CD account on an annualized basis.
As your CD matures over time, you can plan for the future of your investment. You could let the CD
roll over keep in the same account for the same timeframe at the prevailing rate. Or you could move
the money into another savings or investment account or otherwise use your funds. Learn more about
other savings options or visit your local branch.
You will receive a letter with advance notice that your CD term is coming up. You can also track the
date and interest through our Internet Banking or Personal Mobile Banking App.