Certificate of Deposit:
This is an interest bearing account. A minimum balance of $500.00 must be used to open a CD. You may not make additional deposits into this account. If you withdraw any of the principal before the maturity date, we may impose a penalty. This account will automatically renew. You will have ten days after maturity date to withdraw funds without penalty. Over $50,000.00 and $100,000.00 may earn a higher rate. Contact us for the current rates on these amounts. The interest rate and annual percentage yield are included in the Rate Chart.