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. Early withdrawal penalties may apply.

 

Certificates of Deposit Savings Rates Table

Account/Term
Interest Rate
APY*

60 Days to 6 Months

1.35%

1.36%

6 Months to 1 Year

1.60%

1.61%

1 Year to 2 Years

2.35%

2.37%

2 Years to 3 Years

2.60%

2.62%

3 Years to 4 Years

2.85%

2.88%

4 Years to 5 Years

3.10%

3.13%

5 Years

3.60%

3.65%

6-Month CD Special

5.25%

5.34%

12-Month CD Special

5.00%

5.08%

*APY (Annual Percentage Yield), maintenance, or activity fees could reduce the earnings on the account. Interest rates are based on the market and are subject to change. A minimum deposit of $500.00 is required to open any Certificate of Deposit. A minimum daily balance of $500 is required to earn interest. Penalty may be imposed for early withdrawal.
Effective 1/04/2024