CD's

Certificates of Deposit

• Terms: 3 months, 6 months, 12 months, 18 months and 2 year
• Fixed competitive rates of interest
• Interest can be paid quarterly, or if term is under 12 months, at maturity by automatic deposit
• Statements at maturity
• CD's automatically renew at maturity date with a ten day (10) grace period to withraw funds after maturity without penalty.
• Federal regulations require substantial penalty for early withdrawal. For terms one year and under, penalty is 3 months interest. For terms over one year, penalty is 6 months interest.
• $1,000.00 minimum deposit