There isn’t much that’s certain in business. A CD is the exception. Enjoy peace of mind with guaranteed earnings for the term you choose.
- Competitive Interest
- Guaranteed Earnings
- Wide Range of Terms
- Fixed rates, higher than standard savings
- Receive higher rates by selecting a longer term*
- Interest paid or compounded quarterly
- For 182-day term, interest paid or compounded at maturity
- Interest can be paid to any Chelsea State Bank statement account
- Provides more guarantee than other risky investments
- Set aside for future savings goals
- A wide range of terms available (from 6 months to 5 years)
- No setup or maintenance fees
- Early withdrawals subject to penalty**
- $500 minimum deposit to open
- $5,000 minimum deposit to open 182-day or 7-month CD
*Fees may reduce earnings on the account.
**Early withdrawals may result in penalties of 3 months interest to a year’s worth of interest, depending on term.