Regular CDs
TrustBank Certificates of Deposit are a great way to invest in your future. TrustBank offers terms from 91 days to 60 months.
Recommended if you:
- Have $500 or more to invest
- Can invest funds for at least 3 months
- Want to earn a higher rate of interest than available with Statement Savings or Money Market accounts
Benefits
- Earn higher rates than you would with savings account
- Insured by FDIC
Important Facts
- Minimum to open 9-month to 60-month CD: $500
- Minimum to open 91-day or 182-day CD: $2500
- A Certificate of Deposit (CD) is an investment made for a specific time period, so higher rates are usually paid
- Interest rates are based upon the CD term, and rates are guaranteed through the maturity date
- Can invest funds from 91 days to five years
- CD automatically renews at maturity for the same term at the new effective rate, and if you decide not to renew, you have a 10-day penalty-free grace period
- Early withdrawal penalties may apply