Certificates of Deposit
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
- Early withdrawal of funds may result in loss of some interest earnings, but your original deposit is never at risk
- 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
For contact information, including phone numbers, email addresses, and online inquiries, please visit our "Contact Us" page. You can also call us at 833-275-2228, or visit us at one of our locations. To find a location click here.
Related Resources
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¹ APY = Annual Percentage Yield.
Fees may reduce earnings.
Carter Bank is a full-service financial institution with locations throughout Virginia and North Carolina.