Certificates of Deposit

A Certificate of Deposit (CD) is a wonderful savings option when you have a long-term plan and don’t need to access your money for a while. Our customers have used their CDs for vacation, education, a sizable household purchase, or general future-planning.

With a CD, you can let your money sit and grow—you don’t even have to think about it.

Your CD account is customizable to your needs through the several different options we offer.*

  • $1,000 opening deposit
  • Multiple interest payment avenues available*
  • Automatically renewable with a ten-day grace period at maturity
  • Interest payments are traditionally made at CD maturity or made at the annual anniversary date of the CD, if original maturity is 12 months or greater*
  • Interest can also be paid out monthly, quarterly, semi-annually or yearly*
  • A variety of terms available.

*Contact i-bank for options and additional terms and conditions, including current interest rates and annual percentage yields.

Terms: Early withdrawal penalties apply. Interest rate varies and depends on term. At maturity, interest may be compounded into principal balance or deposited into another account.


Helpful Resources

At i-bank, we’ll go above and beyond what you expect of your banking partner.

Learn about our other Personal Banking options: Checking Accounts, Individual Retirement Accounts (IRAs), Loan Options, and Investment Options.

We’re proud to offer numerous resources to make financial management simpler and clearer for you.

Own or manage a business? Visit Business Banking today!