Time Certificates of Deposit

Interest earning accounts with guaranteed fixed rates and a wide range of terms and payment options.

1. Security. Just like our savings accounts, CD accounts are eligible for FDIC insurance, so you can grow your savings without risk
2. $2500 Minimum Opening Balance
3. This high-yielding investment locks in an interest rate for a period of time you choose. Higher balances and longer terms typically earn higher rates.
4. Fixed rate calculated daily, paid monthly or upon maturity
5. Tiered-rate interest is compounded daily, and is paid monthly, quarterly, semi-annually, or annually; or paid at maturity for terms of less than one year.
6. Guaranteed interest rate. You lock in an interest rate by leaving your money in for a fixed period of time
7. Terms from 1 week to 1 year
8. Early withdrawal is subject to penalty

College Fund Certificates of Deposit

1. $500 Minimum Opening Balance
2. Fixed rate calculated daily, paid monthly or upon maturity
3. 1 year term
4. A fixed amount will be transferred automatically from your checking or savings account to the College Fund CD monthly. Contribution can be set in the amount of $100, or over for 12 consecutive months.
5. Early withdrawal is subject to penalty

Individual Retirement Account

1. $2000 Minimum Opening Balance
2. Fixed rate with interest paid monthly or upon maturity
3. 1 year term
4. Early withdrawal is subject to penalty