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Certificates of Deposit

Whether you're saving short-term for a purchase, long-term for retirement, or for anything in between, Gate City Bank Certificates of Deposit (CDs) offer a better way to earn more interest. With a CD your money is safe, secure, and insured.

Features

  • FDIC insured
  • Earn a higher interest rate
  • Choose terms from one to five years
  • Interest is compounded annually

Rates

Certificate of Deposit (CD) Rates

Effective Date: Thursday, July 29, 2021

Certificate of Deposit (CD) Rates

Term*Annual Percentage YieldInterest Rate
1 Year0.20%0.20%
2 Years0.30%0.30%
30 month0.30%0.30%
3 Years0.35%0.35%
4 Years0.50%0.50%
5 Years0.60%0.60%
* An early withdrawal penalty may apply to the above certificates of deposit and IRA accounts.

Minimum balance required to open account and earn APY is only $1,000 for all Certificates of Deposit (CD's) including the Relationship CD and only $100 for all Individual Retirement Accounts (IRA's).

Relationship Certificate of Deposit and Individual Retirement Account (IRA) Rates

Effective Date: Thursday, July 29, 2021

* An early withdrawal penalty may apply to the above certificates of deposit and IRA accounts.

Minimum balance required to open account and earn APY is only $1,000 for all Certificates of Deposit (CD's) including the Relationship CD and only $100 for all Individual Retirement Accounts (IRA's).