Commercial Certificates of Deposit - Fixed Rate

Are you looking for a higher interest rate than traditional savings accounts can offer? A Certificate of Deposit (CD) is perfect for you because it allows you to lock in your deposit for a specified period of time and allows higher yields on your money, depending on the length of the term.

Traditional CDs

• $1000.00 Minimum deposit
• The greater the balance, the greater the interest
• Automatic renewal or single maturity
• Terms between 32 days and 60 months
• Interest may be transferred to a PSB checking, savings, or money market account—or paid directly to you by check

Rate Riser CD

• $1000.00 Minimum deposit
• Automatic renewal or single maturity
• Term of 36 months
• Allows you to take advantage of higher interest by allowing you to “raise” to a higher rate one time during the term of the CD
• Interest may be transferred to a PSB Checking, savings, or money market account—or paid directly to you by check.

Please contact a customer service representative for current rates and terms. A penalty will be imposed for early withdrawal. Fees could reduce the earnings on the account.