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Certificate of Deposit

An investment opportunity with a fixed interest rate for a specific period of time.

  • $1,000.00 minimum deposit required to open account
  • Maturity terms from 6 months to 5 years
  • Automatic renewal option available
  • Online & Mobile Banking
  • 24/7 Phone Banking

Frequently Asked Questions

What is a Certificate of Deposit (CD)?

A CD is a deposit account that earns a interest rate for a specific period of time.

What CD terms are available at PrimeBank?

PrimeBank offers CDs with maturity terms ranging from six months to five years.

What is the minimum deposit to open a CD?

A minimum opening deposit is required. Details vary by CD type and are disclosed at account opening.

Can CDs renew automatically?

Yes. Automatic renewal options are available unless the customer provides other instructions at maturity.

Can I access funds before the CD matures?

Early withdrawals may be subject to penalties. Terms are disclosed before account opening.