Time Deposits are the highest yielding deposit accounts we offer. Maturities of 91 days to five years are available in automatically renewable or fixed maturity types to individuals, businesses, and other organizations. The 182-Day Time Deposit features an add-on provision. Large Time Deposits, i.e., those for $100,000 or more, are called “Jumbo” Time Deposits. Interest can be paid by a credit to your checking account or added back to your Time Deposit or by a check mailed to you.
- $2,500 to open a Time Deposit
- $100,000 to open Jumbo Time Deposit
- Penalty charges: Penalties for early withdrawal are substantial.
**Please contact one of our Banking Centers for current rates**