CD_IRA_HEADER

Certificates of Deposit (CDs)

Certificates of Deposit (CDs) offer time-specific and low-risk investment options. The interest rates
on Central Bank Certificates of Deposit are generally higher for longer terms and higher balances.

  • Competitive interest rates
  • Safety and stability
  • Various maturity options
  • Investment terms from 3 months to 48 months available.
  • Guaranteed interest rate based upon initial deposit
  • Substantial penalty for early withdrawal: for terms under 12 months, 3 months interest; for terms 12 months and over, 6 months interest.

Individual Retirement Accounts - IRAs


The Roth IRA:

  • Tax-free distributions if held five years and used for a qualified purpose


The Educational IRA:

  • Tax-free withdrawals for qualified education expenses


The Traditional IRA:

  • Expanded tax-deferred savings


Other Options are Available
Click here to contact your personal banker.

personal_checking_ad
personal_hsa_ad
personal_clubs_ad
contact_us
resources_2
Hours_Locations
current_rates
atm_locations


Deposit and loan products offered by Central Bank, Member FDIC, EqualHousingLogoTrans15 Equal Housing Lender
The standard insurance amount is $250,000 per depositor.

Transaction Account Guarantee Program
Central Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010,
all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the
Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general
deposit insurance rules. Learn More

At times, we may provide links to sites outside the control of our bank.
We do not make any representations concerning the linked sites' contents or availability.
You should review each site's privacy and information security policies carefully before you enter confidential information.