Certificate of Deposit

Certificates of Deposit

Take advantage of this account with excellent earning potential without taking risks. It’s a deposit account that offers you a fixed interest rate for a specific time period to help you meet your savings goals.

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benefit from:

  • opening your CD with $1,000
  • having a fixed rate
  • competitive interest rates
  • Minimum balance to obtain the applicable APY (annual percentage yield) is $1,000. No transactions will be permitted while the CD is valid, only upon maturity. CD will renew automatically upon maturity date at the current interest rates available at maturity. You have up to 10 business days after maturity to make transactions without any penalty. To earn interest on the account you must maintain a minimum balance of $1,000
  • Penalties bedore the maturity: 90 days of accumlated interest in terms of less than 365 days; 180 days of accumulated interest for terms above 365 days