When you open a CD with Landmark Bank, it means you are serious about your savings. A certificate of deposit is a great way to build your financial portfolio over time with CD rates much higher than those on traditional savings accounts.
Landmark Bank is committed to helping you reach your financial goals. Our Certificate of Deposit accounts have guaranteed CD rates locked in for the life of the certificate, and are insured by the FDIC for up to $250,000.
Choose from several popular certificate of deposit options offered by Landmark Bank:
Regular Certificate of Deposit
Regular CDs lend a high-yield return to your savings plan and are a great option for diversifying your financial portfolio. Terms on Regular CDs from Landmark Bank vary from 6-60 months.
Landmark Bank’s popular Dream Saver Certificate of Deposit allows for automatic transfers from your Landmark Bank checking account, making it the easiest way to put back money and grow the value of your CD over its terms. The higher the principal, the faster your interest grows. The Dream Saver makes saving faster and more effective.
Landmark Bank routinely offers special CDs with CD rates so good we can’t advertise them. Head to your local Landmark Bank and ask about our current Certificate of Deposit specials.
What is a Certificate of Deposit?
A Certificate of Deposit is a savings certificate granted to the bank entitling the bearer of the Certificate of Deposit to interest accrued prior to its maturity.
Certificates of Deposit are insured by the FDIC up to $250,000, so bank customers can rest assured their investment is safe at Landmark Bank.
Unlike a traditional savings account, a certificate of deposit is based on the terms specified by the customer.
CD terms generally range from one month to five years, and the interest gained in the account does not benefit the customer until the CD’s maturity date, at which time the certificate of deposit is redeemable for the principal balance plus any interest accrued.
CD rates are higher than traditional savings accounts, because holders are restricted from accessing interest gained on the certificate of deposit until its maturity date. Early withdrawal on a certificate of deposit results in a penalty, equal to the amount of interest the CD has accrued.
Open a CD with Landmark Bank
No matter which of our certificate of deposit options you choose, you can rest easy that when your certificate matures, you will be left with more in the bank than you had when you started.
With great CD rates fixed into place at the time you open your account, and up to $250,000 of your money FDIC-insured, a certificate of deposit from Landmark Bank is a smarter way to manage your money.
Open a CD with Landmark Bank today, and experience why banking with a local, trusted partner is better.