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Certificate of Deposit
If you want a guaranteed return on your money and can deposit it for a specific period of time, our COMMUNITY FIRST CD'S should be your choice.
You choose the amount you wish to invest and the length of time to maturity - from 7 DAYS TO 5 YEARS. The interest rate you earn depends on the length of the term.
CD's with terms longer than 3 months may have the interest compounded monthly which increases the effective annual yield to maximize the return on your investment.
CDs with terms of 7 days to 91 days will have interest compounded at maturity.
The minimum deposit in our certificates of deposit is $500.00. Early Withdrawal penalty may/will apply. |
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