CD Accounts Chart
| CD/Retirement Accounts | Time Certificates of Deposits | Jumbo Time Certificates of Deposits | IRA Time Certificates of Deposits |
|---|---|---|---|
Benefits | Earn a higher interest rate than traditional checking and savings products; multiple terms to choose | ||
| Opening Deposit | $1,000 | $100,000 | $1,000 |
| Minimum Balance | $1,000 | $100,000 | $1,000 |
| Up to 60 Month Terms Available | Yes | Yes | Yes |
| Quarterly Interest Compounding | Yes | Yes | Yes |
| 10-day Grace Period at Maturity | Yes | Yes | Yes |
| Automatic Renewal | Yes | Yes | Yes |
| Withdrawals (early penalties may apply) | Yes | Yes | Yes |