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Certificates of Deposit Image

Certificates of Deposit

Certificates of Deposit typically provide the highest return on your insured deposit. They offer a wide variety of choices in terms and rates so that you can choose the best investment for you.

  • Certificates can be automatically renewed at the current interest rate.
  • There is a ten day grace period in which renewals can be permitted.
  • There is a penalty for early withdrawal.
  • The annual percentage yield is based on interest compounding on an actual 365 day basis.
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