Certificate of Deposit (CD)
A Great savings option
Bankers Trust's Certificates of Deposit offer the flexible terms you are seeking.
- Tiered interest rates based on opening deposit and term
- Interest compounded annually
- Interest disbursed by ACH to your account at another institution or by transfer to your Bankers Trust account monthly, quarterly, semi-annually or annually
- Automatic renewal option available
- $1000 minimum deposit required to open
- Lower minimum deposit required for savers under age 18
- Bankers Trust Wellness Option allows early withdrawal without penalty* when you have a Bankers Trust primary checking account and need to redeem CD early due to medical emergency.
- FDIC Insured
Stop in one of our many branches
to open your Certificate of Deposit today.
Current Annual Percentage Yield information is also available on the Banker Trust interest rate sheet, or you may call Customer Service at (515) 245-2863.
Substantial penalty for early withdrawal
*Federal law requires a penalty of seven days simple interest be paid on amounts withdrawn within the first six days after a deposit or partial deposit.