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Certificates of Deposit


Fixed Rate

Traditional CDs available in a range of maturities for investors who prefer the comfort of a fixed rate investment.

  • Certificates are issued in amounts of $500 or more.

  • • Flexible maturities are available ranging from 91 days to 60 months.

  • Rates are tiered based on your initial opening balance.

  • Rates are reviewed weekly and adjusted in response to market conditions. When market rates change, CenterBank rates change. For current rates go to https://www.centerbankjax.com/site/rates.html

  • Interest is compounded monthly and paid monthly. Interest may be deposited directly to your CenterBank account, added to the principal of the CD or paid by check.

  • Up to $250,000 are FDIC-insured. For more information about FDIC's general deposit insurance rules go to http://www.fdic.gov/

  • Interest-earning grace period at maturity.

  • For your convenience, all CenterBank CDs are automatically renewable.

  • A penalty may be assessed for early withdrawal.

     
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