Certificates of Deposit
We offer Certificates of Deposits (CDs) in a variety of terms which generally provide a higher return than a traditional savings account. Choose the term which is right for your financial planning along with the amount you wish to deposit and the method you want the interest paid. As a convenience, the certificate of deposit automatically renews for the same term at the interest rate available at renewal unless other action is taken.
Rates effective as of September 5, 2008
| CD TERM | Min Amount to Open | Min to Receive APY* | Int. Rate | APY* |
| 6 Month Certificate | $ 2,500.00 | $ 2,500.00 | 1.50% | 1.51% |
| 12 Month Certificate | $ 2,500.00 | $ 2,500.00 | 3.75% | 3.79% |
| 18 Month Certificate | $ 500.00 | $ 500.00 | 2.25% | 2.26% |
| 24 Month Certificate | $ 500.00 | $ 500.00 | 2.25% | 2.26% |
| 36 Month Certificate | $ 500.00 | $ 500.00 | 2.50% | 2.52% |
*APY= annual percentage yield.
APY assumes interest will remain on deposit for one full year. A penalty
may be imposed for early withdrawal. All rates are subject to change
without notice.
Contact us for more information.