Account Description
Interest earning accounts with guaranteed fixed rates and a wide range of terms and payment options are available.
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.
Interest
Interest is compounded monthly (1), and is paid monthly, quarterly, semi-annually, or annually; or paid at maturity.Account Benefits
- You lock in an interest rate by leaving your money in for a fixed period of time.
- Security. Like our savings accounts, CDs are eligible for FDIC insurance (2), so you can grow your savings without risk.
Terms
Monthly terms from 3 months to 5 years are offeredMonthly Service Fee
NoneMinimum Opening Deposit
$1,000
(1) We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
(2) With FDIC insurance, your deposits are covered up to $100,000 in the case of bank failure.
