A Certificate of Deposit (CD) makes a great holiday gift
CDs are a low-risk way to save for future goals and can be a thoughtful gift for a loved one. A Certificate of Deposit account is an easy way to save money for a child since it locks your funds for a specific time and pays a fixed interest rate.
Gifting a CD can help your grandchild start learning early about the value of money and give them financial literacy skills. Setting up a CD for a child when they're young gives the money years to grow and build up interest and helps give them a head start as they enter adulthood.
We've lowered our minimum opening deposit to make it more accessible to anyone
Are you looking to save, but a higher minimum opening deposit is making it hard to get started? BS&L offers a fixed-rate add-on CD, and all you need is $100 to open one. In addition, these give you more flexibility to grow your savings, because they allow you to make additional deposits — any time, any amount, throughout the term. It doesn't matter whether you have $100,000 or $100 — we'll give you the same great rate!
Features
- Competitive rates
- $100 minimum balance to open
- Make additional deposits any time, any amount
- FDIC insured
Come in today and open
a CD!
a CD!
Stop by one of our branches or give us a call at (802) 275-3988
* Annual Percentage Yield (APY). A penalty may be assessed for early withdrawal. Any certificate can be opened as an individual retirement account. Annual Percentage Yields (APYs) effective as of 10/29/26 and may change at maturity. Limited-time offer, may be withdrawn at any time.
Note: Rates are subject to change without notice, and may change after account opening. Fees may reduce earnings. Penalty for early withdrawal from Certificate of Deposit which may reduce earnings. To obtain a full set of disclosures, please call us at (802) 254-5333.
