Certificates of Deposit (CDs)
Savings on your terms.
Meeting your goals is incredibly important to us. We offer a wide range of fixed-rate CDs to help see you through. By knowing your exact rate and terms ahead of time, you can anticipate what your earnings will be to better help you plan.
Let Your CD Work Harder for You
- Consider choosing a longer-term CD. Higher interest rates are generally offered for longer terms
- Allow interest to compound. Don’t spend your interest; let it build so you earn interest on the interest
- Decide whether you think interest rates will rise or fall. If you think they will rise, get a shorter-term CD to take advantage of increasing interest rates. If you think they’ll fall, lock into a longer-term CD to keep a higher rate
- Determine how much liquidity you need. Longer-term, higher-interest rate CDs can tie up your money for longer periods of time, but generally offer greater growth. Shorter-term CDs can provide earlier access to funds you will need in the near future