Certificates of Deposit

Personal Banking · Savings · Certificates of Deposit

Certificates of Deposit

Central Bank’s certificates of deposit are long-term savings plans with a wide variety of maturity dates. Rates will vary depending upon the amount of the certificates and the length of time to maturity. These funds are insured by the FDIC up to $250,000.

 

Certificates of Deposit Savings Rates Table

Account/Term
Interest Rate
APY*

60 Days to 6 Months

0.20%

0.20%

6 Months

0.95%

0.95%

1 Year

1.55%

1.56%

2 Years

1.75%

1.76%

3 Years

1.90%

1.91%

4 Years

2.05%

2.07%

5 Years

2.30%

2.32%

*Annual Percentage Yield
A minimum deposit of $500.00 is required to open any Certificate of Deposit.
Penalty may be imposed for early withdrawal
Effective 11/4/2019