Focus Your Savings Efforts
If you’re looking to take advantage of higher interest rates than you can find in a traditional savings account, a certificate of deposit (CD) from American Community Bank is a great option. Our CDs offer flexible terms and rates that will allow you to grow your money and develop a smarter strategy for saving money. Here’s what you need to know about the CDs we offer:
- Minimum deposit of $1,000 required to open a CD
- Interest accrues based on a 365-day year
- Interest is not credited if the account is closed before interest is received
- Early withdrawal is subject to penalty
If you want to open a CD account, please click the button below to contact our banking team.
Jumbo CDs
Jumbo CDs offer many of the same benefits as traditional CD accounts, but with greater benefits because they have larger balances. American Community Bank’s jumbo CDs require a minimum deposit of $100,000. Contact our personal banking team to learn more about which CD product is right for you.