Certificate of Deposit
  • $500.00 minimum deposit
  • Term from seven days to five years
  • Interest compounded — on 100% of the balance, credit at maturity or annually
  • Interest may be paid monthly, quarterly, semi-annually, annually or at maturity, by check or direct deposit into another SSB account
  • No withdrawals allowed
  • Penalty for early withdrawals
  • Automatically renewable at interest rate in effect for term of C.D.