CDs are an excellent way to safely preserve principal while earning a higher rate of interest. Rondout Savings Bank offers a variety of certificates designed to accommodate particular investment goals.
Certificates Of Deposit
Rondout Savings Bank Certificate of Deposit (CD) accounts are a safe and secure way of earning higher interest rates on funds that you can set aside.
- Terms for CDs range from 3 Months to 5 Years
- Open a CD account today for as little as $500, $2500 deposit required for 3 month term
- A penalty will be imposed for withdrawals made before maturity in excess of interest earned
- Interest is compounded daily and credited monthly (click for rates)
- If you choose interest can be transferred to another account, issued as a check or remain in the CD.
- Check online or by calling (845) 331-0073 for current specials