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Bloomfield State Bank's Investment Services
CD's Terms of Account:
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Fixed rate certificates of deposit are available as follows: |
28 days
91 days
182 days
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1 year
2 years
2 1/2 years |
3 years
4 years
5 years |
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Variable rate certificates of deposit available are: |
18 months
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2 1/2 years |
5 years |
* Variable rates based on the 6 mo. Treasury Bill and are adjusted monthly.
- The 18 PLUS Certificate of Deposit is a special program which allows unlimited additions ($100.00 minimum) up to 5 days prior to maturity. Interest rate is variable.
- Interest options: Choose from compounded interest, quarterly interest check or deposit interest to a BSB savings or checking account on any Certificate. Monthly interest check is available only for Certificates with balances over $10,000.00.
- Grace period: There is a 10 day grace period from the date of maturity in which to make changes, add to account, or close certificate. The one exception is the 28 day Certificate, which has a one day grace period.
- Jumbo rates are available for deposits over $100,000.00.
- Penalties apply for early withdrawal.
IRA's
To
see a Rate Chart click here.
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