Time Deposit Accounts
Certificates of Deposit (CDs)
When you invest in a certificate of deposit (CD), you invest your savings for a specific period of time and we guarantee your interest rate during this period. A CD is a great fit when you don't need immediate access to your funds and want a predictable rate of return. CDs are also FDIC-insured, providing you with added security.
- Minimum Opening Deposit Amounts vary depending upon term
- A penalty will or may be imposed for early withdrawal
- Compounding and frequency of payment of interest depends on the amount of deposit
Enjoy a guaranteed rate of interest on your funds with a Time Deposit. Visit your nearest Community Bank office to learn more.