Certificate of Deposit Promotion: 30 Month Special
WHAT IS A SHARE CERTIFICATE OF DEPOSIT?
A share certificate of deposit (CD) is a type of savings account with a fixed interest rate and a precise maturity date. When you open a CD account, you make a deposit for a specific time frame (term) at a guaranteed rate of return (Dividend Rate).
WHO WILL BENEFIT FROM THIS?
Anyone looking for a safe investment will find a CD is a very good option.
- Are a very secure option for investments avoiding unnecessary market volatility
- Have a better rate of return than traditional savings accounts
- Use a fixed rate which provides predictable income over the term of the account.
- Include a variety of terms are available to meet your needs, this means you can choose either shorter or longer terms depending on your financial situation.
NorthRidge has great rates for CDs to help you save more.
|Product||Term||Minimum Balance||Annual Percent Yield (APY)*|
|6 Months||6 Months||$500||0.501%|
|12 Months||12 Months||$1,000||0.602%|
|24 Months||24 Months||$1,000||0.753%|
|30 Month Special||30 Month Special||$1,000||1.25%|
|36 Months||36 Months||$1,000||0.803%|
|48 Months||48 Months||$1,000||0.904%|
|60 Months||60 Months||$1,000||1.005%|
Interest compounds quarterly, $1000 minimum except for as noted, early withdrawal penalties my apply.
$300 promotional value based on an initial deposit of $10,000 with the balance held to maturity and allowing the dividends to post to principal. Promotional rates effective as of 2/1/21 and may change any time. APY = Annual Percentage Yield. Minimum deposit $1,000. Penalty for early withdrawal.
Contact any of our team to get started earning more today!
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