Congressional Bank offers Certificate of Deposit (CD) accounts that provide competitive fixed interest rates for a minimum term of 3 months to a maximum term of 60 months.
| CERTIFICATE OF DEPOSIT | |
|---|---|
| Terms | 3 – 60 months |
| Pays Interest Current Rates | Calculated using daily balance method, paid as frequently as monthly, but at least once a year |
| Minimum Balance Required to Open | $1,000 |
| Withdrawal Limitations | Early withdrawal penalties may apply |
| Online Banking |  |
| E-Statements | |
| Automatic Renewal | (7 day grace period) |
