A Certificate of Deposit (CD) from Reliance State Bank is an investment opportunity with greater earning potential and added security. CDs are time deposits and generally earn higher interest rates than a money market or personal savings account. CDs are excellent investment options to add to your financial portfolio. Put your money to work for you. Here's how.
- Purchase a Reliance State Bank CD with a fixed sum of money for a fixed period of time. Your CD can range anywhere from six months up to five years, whichever meets your financial goals and opportunities.
- Your CD starts earning interest on day one. For CDs with a term of 6 months or longer, the interest is paid semi-annually.
- When you cash in your CD at its maturity date, you receive the money you originally invested plus the interest it has earned. CDs also have an automatic renewal option.
View our Current Interest Rates and stop by either of our branches to purchase a CD today.
Click on the "Current Interest Rates" link above for a complete listing of CD terms, annual percentage yield (APY), and disclosure information including early withdrawal penalty. FDIC insurance up to at least $250,000 per depositor.