Certificates of Deposit
Investors who are searching for relatively low-risk investments that can be easily converted into cash often invest in certificates of deposit (CDs). CDs typically pay higher interest than regular savings accounts. We offer a variety of convenient terms with competitive rates.
- Minimum deposit of $1,000
- Terms from seven days to 60 months
- Early withdrawal penalties apply should the CD be redeemed before maturity
Certificate of Deposit Account Registry Service® (CDARS*®)
CDARS®, or the Certificate of Deposit Account Registry Service®, is the easiest, most convenient way to enjoy full FDIC insurance coverage on deposits over $250,000. For many, CDARS is an invaluable cash management or longer-term investment tool.
With CDARS, your large deposit is broken into smaller amounts and placed with other banks that are members of a member network. Those member banks issue CDs in amounts under $250,000, so your entire investment is eligible for FDIC insurance.
*The Certificate of Deposit Account Registry Service (CDARS) is a registered service mark of Promontory Interfinancial Network, LLC.
Money Market Accounts
Earn attractive interest in one of three different money market accounts while maintaining access to your funds. Interest is calculated daily on collected balances, paid and compounded monthly. We offer
- Money Market
- Premium Money Market
- Select Money Market
Build balances while maintaining liquidity. Interest is calculated daily on collected balances, paid and compounded quarterly.