Security
EssentialsCertificates Of Deposit
A CoreFirst Bank & Trust Certificate of Deposit (CD) provides you with a guaranteed rate of return. You may select the CD you want with terms ranging from 30 days to five years. Since your money is held for a specific period of time, it's guaranteed to be there when you need it. A CD requires a $1,000 minimum deposit and gives you the following benefits:
- guaranteed interest rate for the term selected
- interest computed daily and compounded quarterly
- flexible interest payment choices
- provides higher interest rate alternative for your convenience
- automatically renewable for your convenience
- safety of FDIC insurance
There may be a substantial penalty for early withdrawal of CD accounts