Certificates of Deposit (CD)
If you're looking for a guaranteed fixed rate on your investments and the security of FDIC insurance to solidify your investment portfolio, look no further.
A fixed rate Certificate of Deposit is an effective savings instrument that can be used to satisfy these needs and more.
- Summary
- Flexible terms
- Fixed rates
- FDIC Insured
- Low minimum opening deposits
- Bonus Rates for total CD relationships of $250,000 or more
- CD may serve as collateral for a loan
- Automatic renewal for your convenience
- Penalty may be imposed for early withdrawal
- The ability to use the interest earned for growth or income - you make the choice. For growth, the interest is compounded quarterly. For income, the interest can be deposited to a FCNB deposit account or received by check ($10,000 or more required to receive an interest check)
