Certificates of Deposit (CDs)
Few things in life are guaranteed. Except when it comes to CDs. Utilize CDs as a safe investment with full FDIC insurance. You simply pick the length of term and watch the balance grow.
The guaranteed higher rates are in exchange for the guaranteed deposit, so early withdrawal is not allowed. Our CDs can automatically renew upon maturity, which makes making more money that much more convenient.
- Summary
- Competitive rates
- Greater earnings than savings accounts
- Rate locked for length of term
- Interest compounded daily
- Wide range of terms, from 7 days to 60 months
- Penalty for early withdrawal
- CDs can automatically renew on maturity at rate of interest on that date
- Low minimum of $500 to open
- Use your ECB CD to secure a better loan rate*
- FDIC insured
*Based on credit approval.
