Certificates of Deposit (CDs) & IRAs
Plan for the future with Certificates of Deposit (CDs) and Individual Retirement Accounts (IRAs) from Charter Bank. Our CD and IRA CD accounts allow you to diversify your saving. With numerous terms and account options available, you will find a customized saving solution to help you chart a path to future financial success. Check out our Rates Page to find which account is correct for you.
What is a Certificate of Deposit (CD)?
First, they are a secure investment. CDs receive FDIC protection up to the legal limit, so you’re guaranteed to get a return on your investment without the worry of any volatility of the marketplace. Other benefits of our CD and IRA CDs include:
- Competitive rates with a full range of maturities and investment levels
- Interest is paid quarterly according to the terms of your CD
- Terms of CDs range from 6 months to 5 years
- IRA and Roth IRA CD terms range from 12 months to 5 years
- You are rewarded for higher balances with higher interest rates;
- CDs: earn higher rates starting at $10,000
- IRA and Roth IRA CDs: earn higher rates starting at $1,000
- 10-Day renewal notice
- $1,000 minimum deposit required to open
Have questions? Ready to open your CD account? Either way, call or visit any Charter Bank office today for assistance!