Certificates of Deposit

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A little time can do a lot of good for you and your money

Put your savings on a schedule to make your money do you some good

Make the timing work for you
Choose Carter Bank CD terms ranging from two weeks to five years.
Lock in your rate
There's no guesswork involved. Fixed interest rates allow you to calculate your earnings ahead of time.
Safe and secure
CD deposits are protected by the Federal Deposit Insurance Corporation (FDIC).

Let's give your savings a nice, big lift

Reach your savings goal of a down payment on a home or college tuition faster with a fixed rate and fixed term. Choose your Certificate of Deposit (CD) amount, choose your term and rest assured you'll end up with more money to achieve your dreams.

  • CDs have higher earnings than most standard savings accounts
  • Diversify your funds and interest savings return by choosing different terms
  • Penalties for early withdrawals: For maturities of less than one year, a 30-day interest penalty will be assessed. For maturities of one year or more, a 90-day interest penalty will be assessed.
  • $100 to open

FAQs

You can call Carter Bank at 833-275-2228, visit our official Contact Us page, or stop by one of our conveniently located branches in Virginia and North Carolina.

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Watch your savings grow.

View All Rates
7 Month CD
3.90%
APY¹
Premium Money Market Account
2.22%
APY¹
Christmas Club Account
3.50%
APY¹
Checking your way

Get checking account options, all with convenient digital tools.

Checking Accounts

¹ APY = Annual Percentage Yield.

Fees may reduce earnings.

Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.

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