Certificate of Deposit
Whether you’re saving for a rainy day or planning to reach a larger financial goal, set money aside with our Certificates of Deposit (CDs). Conway National Bank’s CDs offer you total investment flexibility. We offer both regular term Certificates of Deposit (CDs) with terms from seven days up to sixty months, as well as a number of Certificates of Deposit (CDs) designed to help you meet specific investment goals. Contact a Conway National Bank office near you for more information on how to start your savings venture today.
Certificates of Deposit | Minimum Deposit |
---|---|
7-31 days | $1,000 |
3 months | $1,000 |
6 months | $1,000 |
12 months | $500 |
18 months | $500 |
24 months | $500 |
30 months | $500 |
36 months | $500 |
48 months | $500 |
60 months | $500 |
Senior's CD (12 months) | $5,000 |
Interest rates on all time deposits are determined weekly. In setting the rates, factors considered include the Treasury Yield Curve, balance sheet needs, and internal costs. Rates of interest are not tied to an index or formula. View Current Rates.
*Substantial penalty for early withdrawal. Interest is paid on the collected balance.