Deposit as little as $1,000 in a BS&L Certificate of Deposit to get the most of your money in a safe, reliable account. Enjoy higher yields on longer-term savings with a guaranteed return plus FDIC insurance. Start small or go big, whatever amount you're ready to invest – we can help you meet your goals!
|Term||Int. Rate||Annual Percentage Yield|
|3 year Raise Your Rate*||2.13%||2.15%|
|5 year Raise Your Rate*||2.52%||2.55%|
*Raise Your Rate – Are interest rates going to be higher in 6 months? One year? 5 years? Nobody knows, but if you’re worried about locking in a rate for 3 or 5 years when rates are rising today, we have the answer. With the Raise Your Rate CD (or IRA!) you get an excellent rate today, plus, one time during the life of the CD, you can choose to increase your rate to the 3 or 5 year US Treasury rate at that time, for the remainder of the life of the CD. If rates go down, you already have a super rate. Either way, you win!
A penalty may be assessed for early withdrawal. Any certificate can be opened as an Individual Retirement Account.