Certificate of Deposit

Time Certificates of Deposits offer various terms at competitive fixed rates. This account may be for you if you have excess monies that do not need to be drawn on in the near future.


  • Minimum opening balance $1,000.00/$100,000.001
  • Various terms offered - 30 days to 5 years
  • Transfer of interest or automatic reinvestment options
  • Automatic renewal
  • Interest compounded daily and paid monthly, quarterly, semi-annually, annually or at maturity

FDIC Insured

Service Fee

  • No Service Fees
  • Restrictions: Penalties for early withdrawal2

1. $1000 for CD's under $100,000, $100,000 for CD's $100,000 and over.

2. Withdrawal of funds from a time deposit prior to maturity are subject to penalties; Seven (7) days interest on the amount withdrawn if the withdrawal is made within the first six (6) days after the deposit. Time Deposits with an original maturity of one year or less are subject to one month's interest penalty; Time Deposits with an original maturity of more than one year are subject to three months interest penalty. Upon death or "judicially declared incompetent" of any owner of a time certificate of deposit, whether or not named on the deposit instrument, withdrawals can be made before maturity without forfeiture of interest.

Every depositor is insured by the FDIC up to $250,000.