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Certificates of Deposit

Certificate of Deposit Accounts

  • Minimum of $1,000.00 to open
  • Interest compounds and pays monthly or at maturity depending on the term
  • Interest earned credited back to CD, deposited into MyStateBank checking/savings or receive a check by mail
  • Maturity terms vary from 3 months to 5 years
  • Early withdrawal subject to penalty

Jumbo Certificates

  • Minimum opening balance of $100,000.00
  • Simple interest pays at maturity
  • Interest paid on current balance and will be paid to account upon maturity
  • Maturity terms vary from 3 months to 5 years

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