CERTIFICATES OF DEPOSIT
CDs are offered for terms of 91 days, 182 days, 12 months, 18 months, 30 months, 36 months, and 48 months. Specially termed CDs are offered occasionally. Automatically renewable CDs are available. Interest on 91 and 182 day CDs is paid at maturity only. On all other terms, interest may be paid monthly, quarterly, semi-annually, or annually. The offered interest rate will be in effect for the term of the CD and a penalty will be assessed for the early withdrawal of funds. The minimum deposit on 91 and 182 day CDs is $500.00. A minimum deposit of $1,000.00 is required for the 12, 18, & 30 month certificate, and a minimum of $5,000 is needed for any term beyond 30 months.