Certificate of Deposit
CD investments provide the advantage of guaranteed income at premium interest rates with maximum safety. Open your CD with as little as $500. Interest Rates are set weekly and compounded as often as monthly, producing higher yields.Terms are available from 91 days to 5 years. Substantial penalty for early withdrawal. Account opening is subject to credit approval.
You have numerous options available to you with your CD:
* Choose to have your CD to renew automatically, for continuous earning power.
* Use your CD as collateral on a loan with CBBC; subject to credit approval.
* Personal IRA funds may also be invested in a CBBC Certificate of Deposit. (Not applicable on business accounts.)