The Bank of Commerce
Deposit Accounts

Certificate of Deposit

Current Rates

Saving couldn't be easier. CD's are a great way to set aside money and plan for future needs while earning a higher rate of return. With several saving options, you have the flexibility to save your way!

  Minimum Deposit Compounding Frequency Paid Penalty for early withdrawal Rate
Under 12 months $1,000 Maturity Maturity Loss of 30 days interest Fixed
Certificate of Deposit "Plus" $1,000 Maturity Maturity No early withdrawal allowed Fixed
12 months $1,000 Quarterly Quarterly Loss of 90 days Interest Fixed
Over 12 months $1,000 Quarterly Quarterly Loss of 90 days interest Fixed

Certificate of Deposit

  • Terms from 90 days to four years
  • Fixed interest rate
  • CD's under 1 year - interest is compounded and paid at maturity
  • CD's 1-4 years - compounded quarterly, paid quarterly
  • Minimum to open a CD is $1,000.00
  • There may be a substantial penalty for early withdrawal

CD Plus

  • 11 month CD
  • Fixed interest rate
  • Interest is compounded and paid at maturity
  • $1,000.00 minimum to open
  • Add-on feature ($200.00 minimum)
  • No early withdrawal of principal or interest allowed

Savings Calculator

Retirement Calculator

Certain disclosures are provided at the time that you open your account. All deposit accounts are subject to but not limited to the following:

These disclosures are also available prior to opening an account or at any time and will be provided to you by contacting us.

Fees may reduce earnings on these accounts.

 
FDIC Equal Housing Lender