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.
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 Bank; subject to credit approval.
- Personal IRA funds may also be invested in a CBBC Bank Certificate of Deposit (Not applicable on business accounts).
Substantial penalty for early withdrawal.
Account opening is subject to credit approval.