Certificates of Deposit (CDs)Open an Account
Looking for the right investment opportunities to maximize your hard-earned dollars?
Clackamas County Bank’s Certificates of Deposit make an excellent short or long-term choice designed with the most competitive rates available that are safe and secure.
|Minimum Deposit to Open||$1,000.00|
|Maturity Date Range||30 days to 6 years|
Interest rate and annual percentage yield will not change and will be in-effect until maturity. Daily balance method is used to calculate interest on the account. This applies a daily periodic rate to the principal in the account each day. Interest begins to accrue the day of the deposit. Interest will be compounded daily and credited monthly. A minimum balance of $1,000.00 must be maintained to earn the disclosed annual percentage yield.
- May not make additional deposits
- A penalty will be applied if principal is withdrawn before the maturity of the CD*.
(May withdraw interest without penalty)
*The annual percentage yield assumes interest remains on deposit until maturity and that a withdrawal will reduce earnings. The early withdrawal penalty is 30 days’ interest for Certificates of Deposit which mature in less than 1 year, and 90 days’ interest for Certificates of Deposit which mature in 1 year or more.
For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
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