Certificates of Deposit (CD) Earn our most attractive fixed savings rates, in exchange for keeping your money in the bank for a specific period of time. Typical CD terms can range from 90 days up to five years.
CDs are an attractive option if you have longer term plans for using your money. That’s because withdrawals from your CD cannot be made until maturity (there may be a penalty for early withdrawal). CDs also allow you to automatically reinvest within a seven-day grace period.
Unlike some other investments, CDs are insured up to $100,000 by the FDIC per account holder. Contact one of our branch representatives for ways to increase your coverage.
Home Federal Savings Bank 1016 Civic Center Drive Northwest Rochester, MN 55901 Phone: 507-535-1200
