discussion

Business Certificates of Deposit

discussion

Power Certificate of Deposit

Power up your savings:

  • $500 minimum balance to open and earn APY
  • Terms available between eighteen (18) and sixty (60) months
  • Interest rate is compounded daily and credited semi-annually
  • Terms for optional crediting of interest
    • $2,500 minimum - interest may be credited to a transaction or savings account, monthly, quarterly or semiannually
    • $5,000 minimum - interest may be paid by check, monthly, quarterly or semiannually

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You can select to increase your rate, one time, during the term to the interest rate we offer on accounts of the same term as the original contracted term of your account. Also, you can add to the certificate of deposit, one time, during the term at your option. The additional deposit may be equal to, but not greater than, the initial deposit.

Regular Certificates of Deposit

Fixed interest rates are available on balances as low as $500:

  • Certificate terms available from 30 days through 12 months.
  • Interest calculation methods:
    • Maturities of less than one year- simple interest, paid at maturity
    • Maturities of 12 months – compounded daily and credited semi-annually
  • Terms for optional crediting of interest:
    • $2,500 minimum - interest may be credited to a transaction or savings account, monthly, quarterly, or semiannually
    • $5,000 minimum - interest may be paid by check, monthly, quarterly, or semiannually

View Rates