With so much uncertainty in the world, it can be difficult to know which investments are going to be stable in the long term. If you’re looking for a safe and predictable way to invest your money, a Certificate of Deposit (CD) Account could be a great option for you. With a CD, you’ll get a fixed term and a fixed interest rate, and you can earn more interest than you would with a regular savings or checking account. Just keep your money in the account for the agreed-upon time, and you’ll watch it grow! Be aware that penalties are applied if you withdraw early.
- $1,000 minimum balance to open, with the exception of our 15 month certificate, which requires $5,000.00 to open.
- Interest compounds and pays monthly or at maturity depending on the term
- Interest earned credited back to CD, deposited into MyStateBank checking/savings or receive a check by mail
- Maturity terms vary from 3 months to 5 years
- Early withdrawal of principal subject to penalty
To open a State Bank Northwest Certificate of Deposit Account visit your nearest branch.
For any questions give us a call or visit your most convenient branch.
All Your Banking Needs, In One Place
Get the same great, know you by name service on all your financial accounts at State Bank Northwest! Experience the convenience of having all your financial products under one roof, and the benefits of personalized, relationship-based banking. Explore all the financial services State Bank Northwest has to offer.