CONSUMER / COMMERCIAL
CERTIFICATES OF DEPOSIT < $100,000
A time deposit with a fixed rate of interest for a specified time period
which is also FDIC insured. This account may be opened by an individual or
multi-party.
The following Maturity Schedules are available:
7-29 days
30-59 days
60-89 days
90-119 days
120-179 days
180-364 days
1-5 years
5+ years
Minimum to open: $500.00
Compound Interest: Paid Quarterly
Renewals: There is a 10 day grace period
allowed before auto-renewal as long as the CD is 31 days or over. There is a
1 day grace period allowed before auto-renewal for a CD that is 30 days or
shorter.
Early Redemption Penalty: 90 days of interest
CONSUMER / COMMERCIAL
CERTIFICATES OF DEPOSIT > $100,000
A Jumbo time deposit with a fixed rate of interest for a specified time
period which is also FDIC insured. This account may be opened by an
individual or multi-party.
The following Maturity Schedules are available:
7-29 days
30-59 days
60-89 days
90-119 days
120-179 days
180-364 days
1-5 years
5+ years
Minimum to open: $100,000.00
Compound Interest: Paid Quarterly
Renewals: There is a 10 day grace period
allowed before auto-renewal as long as the CD is 31 days or over. There is a
1 day grace period allowed before auto-renewal for a CD that is 30 days or
shorter.
Early Redemption Penalty: 90 days of interest
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