OIB Certificates of Deposit (CD)
This super-powered savings tool will boost your interest earnings significantly...music to any business' ears. A wide range of maturity options and convenient features are offered that will accommodate your business need.
- Minimum to open: $1,000*
- 30-day to 5-year terms available
- Interest rate is subject to change upon renewal
- Automatically renewed
- Interest is compounded daily
- Interest paid monthly, annually or at maturity
- Collect interest by mailed check, deposited to an OIB account, or added back to CD at renewal
- Penalty for early withdrawal may apply
Also available is the OIB 6 month ADD On Certificate of Deposit. It offers the flexibility of adding to your CD.
*Minimum varies for special term certificates of deposit.