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Statement of Condition

 

 

 

Certificate of Deposits

Account Description:

An account where a higher interest rate may be earned through committing funds for a period of time

Requirements
  • 6 month – minimum $5,000.00

  • 1 year – minimum $100.00

  • 2.5 year – minimum $500.00

  • 5 year – minimum $1,000.00

Benefits
  • Compounding interest

  • Known return on investment

Cost
  • If withdrawn before maturity date, a penalty equal to 90 days of interest will be imposed.


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