What is a Certificate of Deposit (CD)?

A certificate of deposit is an arrangement where money must stay in the bank for a certain length of time to earn a specific return.  Similar to a savings account, funds used for a certificate of deposit are FDIC insured.   This makes a certificate of deposit a low-risk option and typically provides a greater rate of return than a traditional savings account.  


Take Advantage of our CD1 Rates

24 Month CD 2.12% APY2 $500 Minimum Deposit
60 Month Bump Up CD 2.63% APY3 $500 Minimum Deposit

Use our CD Calculator to test different deposit amounts and get an estimate of how much you'll earn by taking advantage of our new rates. 

Find a branch near you to open a CD and begin increasing the return on your funds. 


1An early withdrawal penalty equal to 90 days of interest will be imposed if any of the deposited funds are withdrawn before the maturity date.  A minimum daily balance of $500.00 is required in the account each day to obtain the advertised annual percentage yield.

2As of 10/04/18, the interest rate on our 24 Month CD is 2.10% with an annual percentage yield (APY) of 2.12%.

3As of 10/04/18, the interest rate on our 60 Month Bump Up is 2.60% with an annual percentage yield (APY) of 2.63%.  A Bump Up CD allows you to increase your CD's interest rate one time during the term of your CD if our interest rate rises.  The interest rate on your account may change when you exercise your One Time Rate Increase option.