CD Investments

Be ENRICHED!  When it comes to saving money for the future, AimBank can help.  We offer a full range of fixed CD Rates to meet your financial needs. 

 

Rate Information

We offer competitive CD rates on terms ranging from 30 days to 5 years. You can open a CD for as little as $1,000.00. For current interest rates, contact your local branch to speak with one of our personal bankers to help find the right CD for you.


Fixed Rate CD 

Enjoy a guaranteed return on your investment. Fixed rate CDs are safe, secure and a smart part of a diversified investment plan. AimBank CD's offer varied interest rates and terms to allow greater investment flexibility.


Interest Payment Options

Interest is paid monthly with several convenient options to choose from:

  • Add the interest payment to the principal amount of your CD. 
  • Automatically deposit the interest to your AimBank checking or savings account. 
  • Receive an interest check by mail. 


Automatic Renewal

Your CD will automatically renew at maturity; However, you have a ten day grace period from the maturity date to withdraw the funds without penalty. You may change the term of your CD or make deposits or withdrawals during the grace period. Each renewal term will be the same as the original term, beginning on the maturity date. 


Early Withdrawal Penalty
CD Term: 31 Day to 5 Months 6 to 11 Months 12 to 23 Months 24 to 35 Months 36 Months Plus
Penalty Calculation*: The penalty will equal 3 months interest on the amount withdrawn subject to penalty plus any accrued but unpaid interest. The penalty will equal 6 months interest on the amount withdrawn subject to penalty plus any accrued but unpaid interest.
The penalty will equal 9 months interest on the amount withdrawn  subject to penalty plus any accrued but unpaid interest. The penalty will equal 12 months interest on the amount withdrawn  subject to penalty plus any accrued but unpaid interest. The penalty will equal 24 months interest on the amount withdrawn  subject to penalty plus any accrued but unpaid interest
* The interest penalty will be calculated based on a 360 day year.  In certain circumstances, such as the death or incompetence of an account owner, the law permits, or in some cases requires, the waiver of early withdrawal penalty.  Other exceptions may also apply, for example, if this is part of an IRA or other tax-deferred savings plan.
 
Certificates of Deposits (CDs) are investments that are stable and provide a secure return. These accounts are insured by FDIC up to $250,000.00.