A certificate of deposit (CD) earns higher interest on your savings when you invest those funds for a set period of time. Howard Bank’s CD is an investment that’s ideal for people who want a guaranteed rate of return over the CD term.
As community bankers who truly care about our customers, we’re here to help if you have questions about which CD is right for you.
The benefits of our CDs include:
- Multiple options: Term lengths range from 1 month to 5 years.
- Attractive rates: Competitive market rates.
- Security: Insurance covers bank funds that include CDs for a total of up to $250,000 per individual. CDs provide a safer option than stock market investments so you're not at the mercy of shifting financial currents.
- Tax-deferred savings: All of our CDs qualify as individual retirement account (IRA) investments, allowing you to take advantage of tax-deferred savings.
Ready to get started with a Certificate of Deposit?