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
Interest Rate Chart.
Interest Rate changes are solely at the Banks discretion.
The Bank reserves the right to change interest rates at any time with the exception of Certificates of Deposits.