Certificates of Deposit* are designed to offer a higher rate of interest on your funds (minimum deposit required). Certificates of Deposit pay a fixed rate of interest for the term you select, (from 6 months to 5 years). Interest is compounded semi-annually; and can be added to the certificate, credited to another account, or paid by check.  Penalties apply for early withdrawal.  Stop in and talk to one of our knowledgeable staff about investing funds in a Certificate of Deposit today!