Patience always pays off. With a certificate of deposit, the longer your term, the better the return. And unlike other investments, your return is guaranteed.
Details
- Fixed rates, higher than regular savings
- Receive higher rates by selecting a longer term*
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 1 month to 4 years)
- Penalty for early withdrawal and fees may reduce earnings
- Renews automatically upon maturity
- $1,000 minimum deposit to open
- FDIC insured on eligible accounts
Sweet Saver CDs
- Ideal for children and young adults
- Fixed rates, higher than regular savings
- Interest compounded at maturity
- Available in 12-month terms
- Make deposits in increments of $50 at any time during term
- Penalty for early withdrawal and fees may reduce earnings
- Renews automatically upon maturity
- $500 minimum deposit to open
- FDIC insured on eligible accounts
*Interest compounded annually on CDs of over 1 year. Options for payment of interest: monthly, quarterly, semi-annually, and annually. Interest can be paid by check or deposited into a checking or savings account.
