CERTIFICATE OF DEPOSIT (CD)

SUMMARY

CD — Internet Only SPECIALS — Apply Online (accounts opened Statewide)

CD NOW — 4.00% Annual Percentage Yield (APY) for a 24 month CD. All 24 months of interest will be paid to you at the time the CD is opened. Interest does not compound to the CD. Minimum deposit of $50,000. (For example, a $50,000 CD would receive a total of $4,000 of interest at the time of account opening.)
12 month Internet CD — Interest rate on your 12 month CD is 4.41% with an annual percentage yield (APY) of 4.50%. Minimum deposit of $25,000.
6 month Internet CD — Interest rate on your 6 month (182 days) CD is 4.51% with an annual percentage yield (APY) of 4.60%. Minimum deposit of $25,000.

Good things come to those who wait. With a certificate of deposit, the longer you wait, the better things get. Earn fixed interest rates higher than regular savings — the longer your term, the higher your rate. No setup or service fees mean there’s nothing slowing you down. And unlike other investments, your return is guaranteed. Skip the stock market roller coaster — lock in your rate today!

CD Details:

Set aside for future savings goals
Competitive, fixed rate for length of term
Greater earnings than standard savings
Receive higher rates by selecting a longer term
Provides more guarantee than other risky investments
A wide range of terms available (from 91 days to 36 months)
Locked rate for length of term
Earned interest may be deposited into the SSB account of choice
No setup or maintenance fees
Early withdrawals subject to penalty*
$100 minimum deposit to open**
Federally insured by FDIC up to $250,000

*Terms of 6 months or less – ½ maturity; terms longer than 6 months – the interest you could draw in 6 months.

**Minimum balance may vary according to maturity.

Savings

CERTIFICATE OF DEPOSIT (CD)

SUMMARY