Certificates of Deposit
A Certificate of Deposit (CD) is one of the most secure investments available. With a Stillman CD, you’ll have the peace of mind that your dollars are growing safely in an account that is insured by the FDIC.
Our CD rates are competitive and begin to accrue on the business day of the deposit, even on noncash items. Interest is compounded annually and paid monthly, quarterly, semiannually, or at maturity depending on the length of term you choose. Interest penalties apply for early withdrawal.
The Stillman Bank CD Advantage:
- Competitive rates
- Stillman CD’s can be automatically renewed at maturity
- A notice is sent 10 days prior to maturity
- We have a grace period of 10 calendar days from date of maturity to withdraw funds without penalty. Additional funds may also be added at this time.
- Stillman certificates of deposit are FDIC insured up to $250,000 or higher depending on account ownership. Talk to a Retail Banker for more information.
We have a number of CD’s and CD specials that may be right for you. For additional information, contact a Retail Banker at any of our locations.