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Personal Deposit Products > Certificates of
Deposit
Save for your future and
earn competitive market rates on certificates of Deposit (CDs)
with maturities from 31 days to 5 years. We offer a variety of
options for fixed term investing with the security of the
Federal Deposit Insurance Corporation (FDIC). Please
come by
Bank of Grove today to talk with a personal banker for more
information or to open an account.
Important Deposit Account Disclosure
Information:
- Fees are subject to change with prior notice, at the
bank's discretion.
- Fees could reduce earnings on interest-bearing accounts.
- Complete deposit account disclosures containing terms and
fee information are available upon request.
No Penalty CDs
With our no penalty CDs you have the option to withdraw 25% during the term of CD without a reason. Minimum of 5% per withdraw
& withdraws exceeding 25% will be subject to penalty.
You may withdraw 100% without a penalty as a result of: Loss of Job, Death, Medical Expenses & Natural Disasters. No Penalty provision applies to 12 & 24 month CDs priced at regularly quoted rates and has been outstanding for a minimum of 7 days.
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