BancCentral offers a variety of CDs to fit your investment needs. Certificates are written with a fixed interest rate for the selected term. Certificate terms available: 3, 6, 12, 18, 24, 36, 48, and 60 months.
CDs can be set up to be either single maturity or automatically renewable. Contact us for more information to decide which works best for you. After the account is opened, you cannot make deposits during a term, other than credited interest. You cannot withdraw principal from this account without our consent except upon maturity. For accounts that automatically renew, there is a 10 day grace period after each renewal date during which withdrawals are permitted without a penalty. Interest earned during a term can be withdrawn after the compounding and crediting of the interest to your account; however, it will reduce the earnings. Interest earned during one term that is not withdrawn during or immediately after that term is added to principal for the renewal term. Fees are imposed for early withdrawal. Contact us for a complete fee schedule.