Certificates of Deposit for individuals
Ideal to make your savings grow
- Account type Term savings account
- Service charge None
- Terms 32 days to 5 years
- >Interest Compounded daily, paid at maturity or monthly
- Insured deposits Up to $250,000 per depositor
- Minimum opening deposit
- 32 to 179 days: $5,000
- 180 to 364 days: $2,500
- 1 to 5 years: $1,000
Compounded daily and paid at maturity (32- to 364-day terms) or paid monthly to the certificate (1- to 5-year terms).
A penalty may be imposed for withdrawals before maturity.
- Additional deposit
No additional deposits allowed before maturity.
Upon purchasing a certificate, you may opt to renew at maturity or not.