Certificates of Deposit (CDs)

Certificates of Deposit (CDs)

Just like driving without a seatbelt, having risky investments or money sitting idle can be nerve-wracking. A fixed rate CD provides added guarantee to calm your nerves.

Terms range from 1 month to 5 years. Simply pick the term, choose when your interest is paid, and the rest is taken care of. You always know exactly how much to expect and when. Daredevils, seek your jollies elsewhere.

Summary
  • Earn higher interest than a regular savings account
  • Choose from terms ranging from 1 month to 5 years
  • Fixed interest rates for added guarantee
  • Interest paid monthly, quarterly, semi-annually, or annually at your discretion
  • Penalty for early withdrawal
  • $500 minimum deposit to open
  • Retain FDIC insurance