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CDs
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If you are looking for an investment that is FDIC insured and will earn interest on your hard earned dollars, a certificate of deposit (COD) may be right for you. For most of our COD’s, we require a minimum opening deposit of $1,000. We offer a variety of maturity terms for COD’s including:

  • 3 months
  • 6 months
  • 12 months
  • 24 months
  • 36 months
  • 48 months
  • 60 months

There is a substantial penalty if the COD is withdrawn before the maturity term has ended. Take a look at the current COD rates or contact us to learn more.

Step Up Certificate of Deposit

This unique investment product allows the account holder to increase the rate once during the maturity term of the COD. Customers can open a Step Up COD with a $1,000 minimum opening deposit and select from the range of maturity terms 24-months or greater. The Step Up COD is also FDIC insured and has substantial penalties for early withdrawal.

P A W S (Pennies Are Worth Saving) Certificate of Deposit

Customers up to age 18 who have a P A W S Savings Account may transfer money to a P A W S COD with a minimum opening deposit of $500. Select the desired maturity term from three to 60 months. The P A W S COD is FDIC insured and has substantial penalties for early withdrawal.

For more information about investment options, please visit GCSB Investment Center.