Certificates Of Deposit (CD)

CERTIFICATES OF DEPOSIT (CD)

Certificates of Deposit (CD) are ideal for you if you have a longer-term savings goal. We have a full line of CD’s, with a variety of terms and competitive rates.

• Minimum balance to open is $500
• Interest on CD is compounded monthly and credited quarterly*
• Additional deposits are not allowed during the term of the CD
• Penalty of up to 6 months interest for early withdrawals on amount withdrawn
• Rates are locked for the period of time chosen and at maturity will be automatically rolled over for the same term at the current interest rate
• Quarterly statements by mail or electronically

*Interest for Certificates of Deposit under one(1) year are paid at maturity

For more information please refer to our Truth in Savings Disclosure.

CONTACT US

401.463.3010

1615 Pontiac Ave, Cranston, RI 02920-4491

M-F: 10am-4.30pm, S-S: Closed

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Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.  NMLS ID 699359