CERTIFICATES OF DEPOSITS (CD'S)
A safe and guaranteed way to earn interest
We offer insured Certificates of Deposit for 6 months, 12 months and 24 months. The rate of return is guaranteed for the term of the certificate. Interest can be compounded (the interest can earn interest) or be transferred to a regular share account for access. Certificates are not automatically renewed. A maturity notice is mailed 2-4 weeks in advance of the maturity date of the certificate requesting your instructions. There is an early withdrawal penalty of 90 days of interest. Certificates of Deposit can be borrowed against.
See link for current rates