A Certificate of Deposit is a great investment tool, offering safe and predictable savings growth. Combined with our friendly knowledgeable service, it all adds up to an investment that is worth saving for! Plus, Clear Mountain Bank is a local community bank, which means that your money stays right here in our community, working for all of us.
Clear Mountain Bank Certificate of Deposit choices include:
- Investments that earn interest at competitive market rate of interest; interest earnings are accrued daily with a variety of options for payment, including compounding.
- Fixed rate and terms of investments provide for stability. Our Certificates range in term from 7 days to 5 years. If you need a term outside of these categories, just ask!
- Your investment can be automatically renewed at the conclusion of each term. Renewal rate is determined by current market rate of interest.
- Clear Mountain Bank’s Freedom CD allows you the flexibility to “bump-up” your interest rate once during the term. Ask us about it today!
Do you have more than $250,000 to invest in CDs? With Clear Mountain Bank’s CDARS Program, you can receive full FDIC Insurance coverage on deposits up to $50 million! You’ll earn a competitive interest rate and enjoy the convenience of working with your local, community bank.