Certificates of Deposit (CDs)

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Leave the risky investments for the suits on Wall Street. Earn guaranteed returns at The Bank of Tescott when you secure your funds in a certificate of deposit.

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Details
  • Fixed rates, higher than regular savings
    • Receive higher rates by selecting a longer term
  • Provides more of a guarantee than other risky investments
  • Set aside for future savings goals
  • A wide range of terms available (from 3 months to 5 years)
  • No setup or maintenance fees
  • Early withdrawals subject to penalty*
  • $1,000 minimum deposit to open
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*Substantial Penalty for early withdrawal such as 90 days interest for less than 12 months or 180 days interest for greater than 12 months. Accounts are insured by the FDIC.

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