Certificates of Deposit
These accounts offer fixed interest rates for fixed terms. The Bank sets the rate at the beginning of the term, fixed for the term. Terms available up to 36 months. An initial deposit of $3,000 is required to open these accounts. We are required to assess substantial penalties for the early withdrawal of funds from these accounts. These accounts are available to Sole Proprietorships, Partnerships and Corporations.
Account Benefits
- Competitive interest rate
- Interest checks available monthly, quarterly or at maturity
|
- Interest may be transferred to an LANB transaction account
- FDIC Insured
|
| |