CERTIFICATE OF DEPOSIT (CD)
- Time Certificate
- Committing an investment for a certain period of time based on terms offered.
- Choose to invest
- 1 – Year Term
- 3 – Year Term
- 5 – Year Term
- Minimum initial investment of $1,000 is required.
- Penalties for early withdrawals.
- Transfer of existing IRA’s
- Rollover of qualified employer based retirement plans (401K, 457)
- Start new IRA’s and Roth IRA’s
- Minimum initial investment of $2,000 is required.
“This interest calculator is provided by COGBFFS for your convenience as a self-help tool, but is not intended to provide financial advice. All calculations are hypothetical and may differ from actual interest on your COGBFFS investment based on a number of factors. This calculator compounds interest quarterly and assumes any contributions take place at the beginning of the month. We encourage you to speak to your qualified tax or financial professional for advice regarding your specific financial needs.”