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  • Home
  • Personal Banking
    • Overview
    • Personal Accounts
      • Savings Accounts
      • Savings
        • Junior Savers
        • Retirement
        • Certificates of Deposits(CDs)
      • Current / Chequing Accounts
      • Loans
        • Mortgages
        • Vehicle Loan
        • Land Loan
        • Consumer Loans
      • Credit and Debit Cards
      • Online Banking
    • Personal Deposit Accounts
      • Demand Deposit Accounts
  • Business Banking
    • Overview
    • Business Accounts
      • Corporate Chequing & Current Account
      • Corporate Savings Account
      • Certificates of Deposits (CDs)
    • Corporate Loans
    • Merchant Services
    • Credit Card
    • Corporate Business Online Banking
  • Products & Services
    • Current / Chequing Accounts
    • Corporate chequing Account
    • E-Statements
    • Merchant Services
    • Card Services
    • Automated Teller Machines
    • Safe Deposit Box
    • Night Deposit
    • Wire Transfer
    • Payroll Services
    • Drive-Thru Teller
    • Forms
    • Financial Tools and Calculators
  • Discover CUB
    • CUB Profile
    • FAQ’s
    • Leadership Team
      • The Board of Directors
      • The Management Team
    • Careers
    • Schedule of Fees
    • Banking Licence
    • Financial Statements
  • My Future My Way
  • Contact Us
Savings
  • Overview
  • Personal Accounts
    • Savings Accounts
    • Current/Chequing Accounts
    • Loans
      • Mortgages
      • Vehicle Loan
      • Land Loan
      • Consumer Loans
    • Credit and Debit Cards
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  • Savings
    • Junior Savers
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    • CERTIFICATES OF DEPOSITS(CDs)
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CERTIFICATES OF DEPOSITS(CDs)

A Certificate of Deposit (CD) is one of the safest investments to make. The interest rate is higher than that of a savings account, and is determined ahead of time once you do not break the CD before maturity.

When the term of the CD is at an end you can decide to renew the contract or withdraw your funds. Be mindful, withdrawing from your CD before the scheduled maturity will result in a penalty!

 

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