Certificates of Deposit (CD)
When you have money just laying around, bring it here and make it earn its keep when you get a great rate with a CD from Legend Bank.
Make your money earn you money with an interest-bearing investment that lasts for a fixed time period at a fixed, competitive rate of interest. Whether you're waiting for plans to materialize or you'd just like your funds to earn a great rate, CDs are for you. Get one today!
- Summary
Earn interest from your investment for a fixed time period, AND keep it FDIC insured at the same time!
- Competitive interest, varies with term
- Terms from 7 days to 5 years
- Interest payment option
- Deposits and withdrawals available at maturity or during grace period
- Automatic renewal
- Free 1st Response 24 hr. line
- Use as collateral for loans
- Free Legend Online Banking
- Jumbo CDs over $100,000 available
- FDIC insured
- More Information
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Withdrawals are allowed at maturity and during grace period. CDs will automatically renew for continuous earning power. Jumbo CDs are available for balances over $100,000. Substantial penalty for early withdrawals applies.
- A minimum balance to open $1,000 to $2,500 based on maturity
- Jumbo CDs for deposits over $100,000 are available
- Substantial penalty for early withdrawal
- Rate compounding based on interest payment method
