Not only does Independent Bank show more interest in you, we offer a competitive rate of interest on your cds as well as many options.
Certificates of Deposit
Customize a CD to your terms.
- Low opening deposit of $1,000
- Interest rate varies and depends on maturity interval
- Choose a term to meet your needs
- Multiple interest payment avenues available
- You receive one notice 14 days prior to maturity
- Automatically renewable with a 10 day grace period
- Early withdrawal penalties
- Payment by check at maturity if original term is less than 12 months, or paid at annual anniversary date if original maturity is 12 months or greater
- At maturity, interest may be compounded into principal balance or deposited into another account
To learn more about these or any other products, call or visit one of our convenient locations.