Certificates of Deposit
We’ve Got a Certificate of Deposit That’s Right for You
Our Certificates of Deposit offer guaranteed yields, flexibility, and the safety of FDIC insurance. That’s because you lock in a high yield guaranteed from the day you open the account until it matures. You know exactly what return you’ll get and when you’ll get it.
Your investment is safe because State Bank CDs are backed by the Federal Deposit Insurance Corporation for up to $250,000 per individual – making them as safe as any investment in the world.
We offer Certificates of Deposit in a broad range of maturities; each designed with a particular goal. Request a CD quote from us today at 1-866-348-4674.
- Short-Term CDs. Short-term savings certificates, usually 3 to 6 months, offer you the fastest, readiest access to your money.
- Medium-Term CDs. Our 6 to 18-month medium-term CDs offer higher yields than shorter-term CDs.
- Long-Term CDs. If you have a long-term outlook, our CDs with maturities of 2 years or more reward you with the highest yields we offer.
*APY = Annual Percentage Yield. Minimum deposit: $5,000 for 10-month term (No new money requirement). $25,000 for 3, 18 and 36-month terms, with new money required (funds not on deposit at State Bank within the past 30 days). For State Bank clients with an existing State Bank checking account – Only $10,000 new money deposit required (funds not having been on deposit at State Bank for greater than 30 days). Certificate of Deposit auto-renews at a standard rate for the same term. A penalty is imposed for early withdrawal on certificates of deposit.
*APY = Annual Percentage Yield. Penalty for early withdrawal. Certain restrictions apply. Offer may be withdrawn at any time.
