Public Funds Certificates of Deposit
Guaranteed returns. Fixed rates.
Secure a solid return for your business with a certificate of deposit.
|Public Funds Certificates of Deposit||Advantages|
|Features||A $1,000 minimum opening deposit is required to open this account which is available only to public or government entities.|
|Rates and terms||Choose from a full range of terms from 1 month to 5 years and may not be automatically renewed. Interest is calculated on a simple interest basis and is paid upon maturity or at least annually.|
|Fees||No maintenance fee. A penalty may be imposed for early withdrawal.|