Certificate of Deposit
CDs are for the investor who chooses to earn fixed or potentially higher rates of interest by depositing funds for a fixed term.
- Minimum opening deposit is $1,000
- Minimum daily balance to obtain disclosed
annual percentage yield is $1,000. - Terms vary from one (1) month to five (5) years
- Interest on CDs one year or greater compounds
quarterly; if less than one year, CDs earn simple interest - Interest can be credited monthly, quarterly, annually, or at maturity to any Eisenhower deposit account
- CDs of $10,000 or more can receive interest
by check monthly, quarterly, annually, or at maturity. - CDs under $10,000 are not eligible to receive
monthly interest checks.
Click for Certificate of Deposit application (pdf file)
Back to Savings and Investments
* Substantial penalty for early redemption of all certificates. Interest will not be paid for any funds withdrawn during the grace period.
The Truth in Savings Act requires disclosures to be available on all consumer deposit accounts. Please inquire at any Eisenhower Bank location or call 1-888-777-0740 for a separate Truth in Savings Act disclosure.
