Waldo State Bank Certificates of Deposit

Certificates of Deposit

CD Accounts

  • Certificates of Deposit range from 3 Months to 60 Months.
  • Add-on Certificates of Deposit are available in 18 or 36 months.
  • Minimum balance to open a CD is $1,000.
  • Maximum balance for an add-on CD is $100,000.
  • Compounding interest and crediting information for your CD will be provided at account opening or contact us for more details. If you close your account before interest is credited, you will receive the accrued interest. A penalty will be assessed.
  • We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day from the first day of the deposit.
  • Contact Waldo State Bank for current rates.

Contact Waldo State Bank to find out more about our personal and business banking opportunities!

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