Lock in a Great Rate That’s Right for You
A CD is a time deposit account that offers a safe harbor for your money and generally returns more than a regular savings account. In exchange for your investment over a certain period of time, City Bank will pay you a set rate of interest. At the end of this time period, known as maturity, you may choose to withdraw the money, along with the interest it earned, or let your CD renew for another term at the market rate. You also receive the added security of Federal Deposit Insurance coverage.
Saving money makes sound financial sense. With a CD from City Bank, you get the financial tool that works best for you and your savings needs.