Improve your earnings without risking any of your company's cash assets. Simply choose the term and earn a guaranteed rate.
- Set aside for future savings goals
- Competitive, fixed rate for length of term
- Greater earnings than standard savings
- Receive higher rates by selecting a longer term*
- Provides more guarantee than other risky investments
- A wide range of terms available (from 6 months to 5 years)
- Penalty for early withdrawal**
- $500 minimum deposit to open
- CD terms under 12 months: interest is compounded daily and credited at maturity.
- CD terms 12 months and over: interest compounded daily and is credited quarterly
**Early withdrawal penalty:
- Terms 12 months and under: the penalty is 3 months interest
- All terms over 12 months: the penalty is 6 months interest