Pick the term that's perfect for you.
13 Months at 4.50% APY1
11 Months at 3.03% APY2
With a Rate Bump Option!*
18 Months at 5.09% APY3
26 Months at 3.75% APY4
With a Rate Bump Option!*
Investing in a Certificate of Deposit (CD) with Jefferson Security Bank is the smart choice for those looking to grow their savings in a secure and reliable manner. Jefferson Security Bank offers a range of CD options, each with fixed interest rates that are guaranteed to provide a higher return than traditional savings accounts. Whether you're looking to save for the short-term or the long-term, Jefferson Security Bank has a CD that can meet your investment goals.
At Jefferson Security Bank, your investment is also protected by FDIC insurance, ensuring that your money is safe and secure. Additionally, with fixed interest rates, you can trust that your money will grow, no matter what the market does. Don't miss out on this opportunity to take control of your financial future and invest in a CD from Jefferson Security Bank today.
Frequently Asked Questions About CD's
What is a Certificate of Deposit (CD)?
A Certificate of Deposit (CD) is a type of savings account that offers a fixed interest rate in exchange for leaving your money in the account for a specific term, which is usually a few months to a few years.
How does a CD differ from a savings account?
A CD offers a higher interest rate than a savings account in exchange for a longer commitment to leaving your money in the account. Savings accounts typically offer lower interest rates and provide more flexible access to your funds.
What are the interest rates on a cds offered by jefferson security bank?
The interest rates on CDs offered by Jefferson Security Bank will vary depending on the term length and current market conditions. Visit our rates page for more information.
Is my money insured if I invest in a CD with Jefferson Security Bank?
Yes, your money is insured up to $250,000 if you invest in a CD with Jefferson Security Bank through FDIC insurance. For more information, visit the FDIC website.
Can I withdraw my money before the CD matures?
Yes, you can withdraw your money before the CD matures, but you may incur a penalty for early withdrawal. The penalty amount will depend on the specific CD and the terms and conditions outlined by Jefferson Security Bank.
Are there penalties for early withdrawal of a CD?
Yes, there may be penalties for early withdrawal of a CD. The specific penalty amount will depend on the CD and the terms and conditions outlined by Jefferson Security Bank.
What is the minimum deposit required to open a CD with Jefferson Security Bank?
The minimum deposit required to open a CD with Jefferson Security Bank is $500.00.
Can I choose the term length for my CD?
Yes, you can choose the term length for your CD, subject to the options offered by Jefferson Security Bank. Visit our rates page for available term options.
Can I add money to my CD after I have opened it?
The ability to add money to your CD after you have opened it will depend on the specific CD and the terms and conditions outlined by Jefferson Security Bank. Contact the bank for more information.
How do I calculate the interest I will earn on my CD?
The interest you will earn on your CD can be calculated by multiplying the interest rate by the balance of your CD and then dividing by the number of days in the term. Feel free to use our CD Calculator*. Contact Jefferson Security Bank for more information on calculating the interest you will earn on your CD.
*Calculator calculations are for information purposes only. Actual rates, returns, and CD terms and conditions are finalized at account opening accompanied by appropriate disclosures. Contact Jefferson Security Bank for more information on calculating the interest you will earn on your CD.
1 Annual Percentage Yield (APY) is current as of 4/18/2023 and is subject to change at any time. Minimum balance to open and obtain stated APY is $500.00. 13-month term required, penalties may be imposed for early withdrawal which may reduce earnings. At maturity, the 13-month CD will automatically renew into a 12-month CD at the prevailing interest rate. Interest is accrued daily and compounded quarterly.
2 Annual Percentage Yield is current as of 4/18/2023. This is a variable rate account and is subject to change without notice. At your request, we may change the interest rate after account opening. Minimum balance to open and obtain stated APY is $500.00. 11-month term required, penalties may be imposed for early withdrawal which may reduce earnings. At maturity, the 11-month CD will automatically renew into another 11-month CD at the prevailing rate. Interest is accrued daily and compounded quarterly.
3 Annual Percentage Yield (APY) is current as of 9/25/2023 and is subject to change at any time. Minimum balance to open and obtain stated APY is $500.00. 18-month term required; penalties may be imposed for early withdrawal which may reduce earnings. At maturity, the 18-month CD will automatically renew into an 18-month CD at the prevailing interest rate. Interest is accrued daily and compounded quarterly.
4 Annual Percentage Yield is current as of 4/18/2023. This is a variable rate account and is subject to change without notice. At your request, we may change the interest rate after account opening. Minimum balance to open and obtain stated APY is $500.00. 26-month term required, penalties may be imposed for early withdrawal which may reduce earnings. At maturity, the 26-month CD will automatically renew into another 26-month CD at the prevailing rate. Interest is accrued daily and compounded quarterly.
*The accounts feature a rate bump option that allows you to increase your interest rate and APY once a calendar quarter during the term of your CD if our applicable interest rates increase during the CD term. If you choose to exercise the rate bump option, the new interest rate and APY for the remaining term of your CD will be determined by the current advertised rate for your account term at the time your request is initiated. The availability of the rate bump option neither implies nor guarantees that our interest rates will increase during the term of your CD.
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