A CD is a great way to save, earning a higher interest rate than most savings accounts. Because you “promise” to keep your money invested for a certain amount of time (3 to 60 months), there’s a penalty if you take it out early. For that reason, a CD may help you save money for a specific purpose, without the temptation of withdrawing it whenever you like.
Certificates of Deposit
You can open a standard CD with as little as $500. Or, if you want to take advantage of the higher rates paid on our Jumbo Certificates, make an initial investment of $100,000 or more.
Add-On Certificates of Deposit
Want to be able to access your money within six months and still earn more interest than you do with your savings account? Our Add-On CDs are the best of both worlds, allowing you to choose between terms as short as 90 days or as long as 6 months. Open your account with a $500 minimum balance and then add to your investment in $50 increments.