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.
Certificates of Deposit
Make your hard earned money work for you with a Certificate of Deposit.
Relationship Certificates of Deposit
Where loyalty earns you more! Earn a premium rate over our already competitive CD interest rates. This is available to Benefit Interest Checking customers.
- FDIC insured
- Earn a higher interest rate
- Choose terms from one to five years
- Interest is compounded annually
Certificate of Deposit (CD) Rates
Effective Date: Sunday, February 28, 2021
Certificate of Deposit (CD) Rates
|
1 Year | 0.20% | 0.20% |
2 Years | 0.30% | 0.30% |
30 month | 0.30% | 0.30% |
3 Years | 0.35% | 0.35% |
4 Years | 0.50% | 0.50% |
5 Years | 0.60% | 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: Sunday, February 28, 2021
Relationship Certificate of Deposit and Individual Retirement Account (IRA) Rates
|
1 Year | 0.30% | 0.30% |
2 Years | 0.40% | 0.40% |
30 month | 0.40% | 0.40% |
3 Years | 0.45% | 0.45% |
4 Years | 0.60% | 0.60% |
5 Years | 0.70% | 0.70% |
* 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).