Certificate of Deposit (CD)

CDs are excellent savings tools with options to fit your specific goals. You can easily keep your funds secure for a fixed amount of time, while typically earning a higher interest rate than a checking or savings account. We’ve made it simple for you to open and manage a CD. Just select a term length that works for you and place money into a CD to get started.

How a CD Works

You can choose term lengths for CDs ranging from 6 months to 60 months. They’re all insured by the FDIC up to the maximum limit of $250,000 per depositor, per insured bank, for each account ownership category, so your funds are secure. Once the term is over, you can withdraw your initial amount plus the accrued interest, or you can roll the entire balance over into a new CD. The choice is yours.

• Regular certificates, standard terms from 6 months to 60 months
• Special certificates, terms of 5 months and 12 months available to open online
• $1,000 minimum opening deposit
• Quick setup and easy management
• 10-day grace period at maturity, with automatic renewal afterwards
• Free online banking
• Interest paid on balance and credited to your account