CDs
Personal Certificates of Deposits
Provides flexible terms and a guaranteed rate of return.
- $2,500 minimum opening deposit
- Fixed interest rate for the term of the Certificate
- Interest is compounded monthly and paid monthly
- Unlimited, additional deposits are allowed at any time during the term of the CD; minimum of $2500 per deposit
- Principal withdrawal before maturity is subject to an early withdrawal penalty
- A withdrawal will reduce earnings