Certificates of Deposit (CD’s) and IRA’s offer a fixed rate of interest over a set period of time.  CD’s and IRA’s are available with a minimum deposit of $500, with maturities of 91 days, 182 days, 9, 12, 15, 18, 21, 24, 30, 36, 42 and 48 months.  We have a 12 month CD with a $100 minimum balance.

The following terms and conditions are applicable for CD’s and IRA’s:

  • Interest rates for new deposits and for renewing certificates are set weekly and reflect current market conditions.
  • Interest is calculated on a 365-day year.  On 182-day, 9, 12, 15, 18, 21, 24, 30, 36, 42 and 48 month certificates, the interest can be compounded quarterly or interest can be paid to customer by check or direct deposit.  On 12 month certificates with a $100 minimum balance, interest is always compounded quarterly.
  • Certificates are automatically renewable, but can be cashed within 10 days after maturity without a penalty.

Early Withdrawal Penalties (Based on original maturity term of the CD)

  • 12 Months or Less………………………………………………………………………..3 Months Interest
  • Greater than 12 Months through and including 24 Months……………..6 Months Interest
  • Greater than 24 Months through and including 36 Months……………..9 Months Interest
  • Greater than 36 Months………………………………………………………………12 Months Interest

Refer to account disclosures for complete information regarding terms and conditions.

For current CD & IRA Interest Rates, please click here.

Please call 402.643.3602 and speak with a Personal Banker about all of our Deposit Products!