Special - 19 Month Relationship CD – New Money Only* .50% APY**
*Available to individuals with a personal checking account at PSB&T opened before April 30, 2020. Funds deposited into this Certificate of Deposit must be new money to the bank and not existing in any maturing Certificate of Deposit or other deposit accounts. Call us, or stop by your branch, to find out more.
**The annual percentage yield (APY) assumes quarterly interest payments will remain on deposit until maturity.
$1,000 Minimum deposit required. $250,000 Maximum deposit allowed per household.
At maturity, 19 month term will automatically renew to 18 month term.
A penalty may be imposed for early withdrawal.
APY accurate as of August 18, 2020.
Certificates of Deposit are investments that will earn higher interest than Savings or Money Market Accounts for funds you do not intend to use for an extended period of time. With the investment terms ranging between 3 months and 60 months, you will be able to invest for the time periods that fit your needs. When each certificate matures, it will automatically renew if you choose not to reinvest the funds in a different term, add additional funds to the certificate, or have a need for the funds.
Experience the advantages of relationship banking. At PSB&T we reward our personal deposit customers who maintain an average daily balance of $1,000 or higher on our Relationship CD, designed just for PSB&T customers whose personal checking and or savings account has regular deposit and withdrawal activity.
With all certificates, a penalty may be imposed for early withdrawal prior to the maturity date.