Certificates of Deposit (CD’s) require a $1,000 minimum deposit. We have available terms of 91 days, 6 months, and 1, 2, 3, 4 or 5 years. Interest paid may be added back to the CD, deposited into your checking or savings account, or paid directly to you by check. Interest is paid quarterly on CD’s with less than a $10,000 investment. Monthly interest payments can be requested for those accounts with an investment of $10,000 or greater. CD’s can be used as collateral for a loan.