Certificates of Deposit (CD) are available for a variety of terms. The interest rate is guaranteed for the term of the CD and can change upon maturity. The minimum deposit for a CD is $500. The minimum term is 30 days.
There is a ten-day grace period upon maturity during which you can add to, draw down on, or close the CD. Terms available for CD's range from 30 days to 48 months. Contact your BDC branch for current rates and available terms.