Saving with a CD is a sure thing. You’ll earn a fixed rate for the term you choose, so you’ll know exactly what your return will be.
- Fixed Rates
- Competitive Interest
- Wide Range of Terms
- No Setup or Maintenance Fees
- Guaranteed earnings at a competitive, fixed rate
- Higher rates than a regular savings account
- Longer terms earn higher rates
- Wide range of terms available (3 months to 5 years)
- Interest on terms of less than 12 months is compounded at maturity
- No setup or maintenance fees
- CDs renew automatically upon maturity
- Early withdrawals subject to penalty*
- $500 minimum deposit to open ($5,000 minimum for 3-month CDs)
*Early withdrawals may result in a loss of 3-6 months of interest as a penalty. 3 months interest penalty on CDs with a term of under 12 months. 6 months interest penalty on CDs with a term of 12 months or more.