Friday, November 15, 2019

640 Bridge Street
Owatonna, Minnesota
507-455-BANK
866-455-2260

 

Certificates of Deposit

Rates valid as of November 8, 2019

Automatic Renewable Certificates Minimum Deposit Interest Rate Annual Percentage Yield*
5 Years $1,000.00 1.50% 1.50%
4 Years $1,000.00 1.25% 1.25%
3 Years $1,000.00 1.00% 1.00%
2 Years $1,000.00 0.75% 0.75%
1 Year $1,000.00 0.50% 0.50%
182 Days $1,000.00 0.25% 0.25%
91 Days $1,000.00 0.10% 0.10%

 

CD SPECIAL Minimum Deposit Interest Rate Annual Percentage Yield*
9 Months $5,000.00  1.79% 1.80%
 30 Months $5,000.00  2.08% 2.10%
 51 Months $5,000.00  2.23% 2.25%

*APY for CDs 1-5 years is based on annual compounding. CDs less than 1 year will compound quarterly. The APY assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.
*CD Special compounds quarterly and credits interest quarterly.
*A penalty may apply for early withdrawal.  Early withdrawal penalties - maturity date of one year or less, three months interest - maturity date more than one year, six months interest.
*Interest will be credited at term for CD's 1 year or less. Interest for CD's greater than 1 year may be compounded or automatically deposited to your Community Bank Owatonna checking or savings account.
*You will have ten calendar days after maturity to withdraw the funds without a penalty.