CERTIFICATES OF DEPOSIT
Community State Bank offers the convenience of investing by offering Certificates of Deposit. Maturity dates range in terms from 90 days to 5 years. Interest is at a fixed rate and can be:
| |
Deposited directly into a checking or savings account;
Added to the principal of the Certificate for quarterly compounding; or
Sent to the deposit holder by check. |
The opening deposit for a Certificate of Deposit is $1,000.00. The interest penalty for early withdrawal would be 3 months interest or 6 months interest depending on the term of the Certificate.
Please contact a New Accounts representative to get our current Certificate of Deposit rates and yields.