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Certificate of Deposit


Accounts: Certificate of Deposit

 

Certificate of Deposit

Description:
  • Higher earning interest account

Requirements:

  • Minimum opening deposit of $1,000.00 required

Benefits:

  • You have the option of obtaining a renewable or single maturity Certificate of Deposit. A renewable certificate will automatically renew at maturity. You will have 10 calendar days after the maturity date to withdraw funds without penalty. A single maturity certificate will not renew automatically at maturity. If you do not renew the certificate, interest will not be paid after maturity. After the account is opened, you may not make deposits into or withdrawals from the account until the maturity date.
  • We now have “Customer Loyalty Rewards” with higher interest rates for our loyal customers with multiple account relationships with us.
Cost:
  • Penalty for early withdrawal on 182 day and 1 year certificates – 1 month interest
  • Penalty for early withdrawal on certificates over 1 year – 3 months interest
  • Penalty for early withdrawal on 15-month Step-up certificates – 6 months interest

Interest rates are available upon requests.

Aurelia 712-434-2291
Cleghorn 712-436-2222
Marcus 712-376-5511


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