Are you looking for a way to invest some of your savings to earn more money? A CD could be right for you! Our Certificates of Deposits offer guaranteed returns on your money, and they usually pay higher interest rates than regular savings accounts.

CDs differ from a regular savings account because they are timed deposits. With a CD, you can select from a variety of options and agree to leave your money in the CD for a fixed amount of time. During that period – which can range from a few months to a few years – your money will earn interest and keep growing until your CD reaches maturity.

At maturity, you’ll have the option to let your CD automatically renew for a new term, using the money to open a new CD for a different amount of time, or move the money to one of your other accounts. It’s also good to know that your money is federally insured to the maximum allowable limits.

The amount you put into a CD should be money you likely won’t have to withdraw until the term ends. Often, the longer the term you choose, the higher your interest rate will be, and the more you can earn on your investment.

We want you to know that you can remove your money before the investment term ends, but also to be aware that there is an early withdrawal penalty. CDs can be a sound way to save for future needs without putting your money into other risky investments that don’t offer this type of guaranteed return which could lose value during difficult times.

Stop in or call one of our experts about our CDs and interest rates and learn how your money is protected. We’re here to help you find a savings plan that works best for you.