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Certificates of Deposit
An interest-bearing investment for
individuals and business customers.
- $1,000 minimum balance to
open
- $100,000 to open a jumbo CD
- Automatically renewable
at the current rate
- Interest can be paid at
maturity or monthly, quarterly, or semi-annually by check or
deposited into a checking or savings account
- Interest rates depend on
term lengths and amounts. Ask for current rate information
- Notice to be sent when CD
matures
- A CD can be pledged as
collateral for a loan
- Funds
are insured by the FDIC
- Penalty for early
withdrawal
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Stop in today at the
Anadarko Bank and Trust Co.
location nearest you.
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