From short term to long term, National Bank offers a variety of Certificates of Deposit (CD) to meet your investment needs. CDs offer competitive returns on FDIC insured savings. This is a great choice when you have a time-specific savings need or if you just want to diversify your overall risk in your investment portfolio. You decide the amount of money to put in your CD and the length of time to invest. Generally you will receive a higher interest rate on CDs with longer terms.
The interest rate and the annual percentage yield is established at the time the account is opened and remains the same through out that term
Interest is compounded daily
Interest can be credited to the certificate, to your National Bank checking, savings account or paid by check, $25.00 minimum
Several different monthly terms available ranging from 3 months to 60 months.
10-day grace period at maturity to withdraw funds
Penalties - 3 months' interest on maturities one year or less, 6 months' interest on maturities more than one year
Certificate(s) can be combined to your National Bank checking account for convenient viewing of activity on your monthly statement
Individual Retirement Accounts (IRAs)
A Retirement CD can be a very important part of your overall retirement planning. Our IRA's are issued in certificate form, providing a safe and sound way to save for retirement. Traditional and Roth IRA’s are available. Rollovers and IRA Transfers are accepted.
$500.00 minimum to open
12, 18, 24, 30, 36, 48, and 60 month fixed plans available-$500.00 minimum contribution-see CURRENT RATES
Penalty for early withdrawal is 6 months' interest on amount withdrawn
No annual fees
Other account limitations and fees may apply.
For more details contact your local branch or call 1-800-717-3991, during banking hours.
IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Other account limitations and fees may apply.
