Certificates Of Deposit (CDs)
CDs are a guaranteed investment and growing source of interest that you can easily convert into cash. Plus, they offer higher rates than a regular savings account. Put your money to work for you!
Here's how CDs work:
- Purchase a CD with a fixed sum of money for a fixed period of time - this can range anywhere from six months up to five years, whichever is convenient for you.
- Your CD earns interest which compounds quarterly.
- When you cash in your CD at its maturity date, you receive the money you originally invested plus the compounded interest.
For more information email or call (515)232-5561 in Ames or (515) 965-3969 in Ankeny.
