Certificate of Deposit / Installment Savings


Certificate of Deposit

Installment Savings
(Consumer Only)

Minimum opening deposit


The minimum contract amount is $1,000. Contract amount may increase in multiple of $1,000 with no maximum. 


3M to 60M

12M to 60M 

Withdrawal Fee

Penalty for early withdrawal

90 days interest applied to all terms 

Earns interest

Fixed interest rate

Fixed interest rate




 Interest Paid




Renewal will be the same as the original term with the interest rate to be determined at the time of renewal

Automatic renewal not available

Additional Information

10 Days grace period after maturity to withdraw funds without penalty

Balance at maturity may vary, depending on day and frequency of each monthly payment.

Lump sum deposit will not be allowed. Only scheduled monthly installment deposit to the account is accepted

Interest Rate

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