CD's - Certificates of Deposit

Choose a CD when you want a higher yield on your deposited money and don't need immediate access to your funds.

• Interest-bearing account is compounded and credited quarterly. Daily balance method used to calculate interest paid. CURRENT DEPOSIT RATES.  Financial calculators  
• $500.00 minimum to open (unless otherwise stated). 
• An actual certificate paper is no longer issued to the account holder on new CDs; the certificate is retained by the bank. A receipt for a new CD opened is provided.
• Login to DSBconnect or call Telebanking for account activity information.
• Automatic renewals. No action required on your part to renew at same term. Rate paid may be different at time of renewal.
• Within 10 days after the maturity date, you can close (cash in) the CD or rewrite it to a different term of time.  If you still have an actual certificate on an older CD to endorse and present to the bank, please bring it in; if not, that is OK.  If no certificate was issued to you on the newer CDs, there is nothing to provide, and you can close or rewrite by visiting or contacting contact the bank.
• Funds contributions cannot be added during the term. Funds can be contributed at time of renewal.
• Electronic delivery for upcoming maturity date (optional), otherwise will be mailed before the maturity date.
• Use your CD(s) as collateral for a loan.