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Certificates of Deposit

piggy bank, glasses, and certificate of deposit letter

CDs

  • $500.00 opening deposit
  • Fixed interest rates, credited quarterly or at maturity
  • Many different terms
  • FDIC Insured
  • Automatically renews, if not closed
  • Penalties for early withdrawal
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Jumbo

  • $90,000.00 opening deposit
  • Higher fixed interest rates, credited at maturity
  • FDIC insured
  • Penalties for early withdrawal
  • Automatically renews if not closed
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