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CDs

 

Certificates of Deposit (CDs)
Certificates of Deposit may be purchased by either an individual(s) or a business in a variety of terms that provide higher yields than regular Savings, Money Market or NOW Accounts. If rates are your primary concern and your money is not needed any time soon, then a Certificate of Deposit may be the best option for you!
The Bank of Denver - Locally owned, checking, savings, CD’s, loans

 

Option CDs
With this Certificate of Deposit you can enjoy the benefit of raising your interest rate one time during a 12-month term. Now this is the perfect way to get the better rate to work for you.
The Bank of Denver - Locally owned, checking, savings, CD’s, loans

 

Terms Minimum To Open Interest Paid
(Monthly, Quarterly, Annually,
or at Maturity)
Early Withdrawal Penalty
1 year $1,000 Yes1 30 Days Simple Interest
Option CD (1year) $5,000 Yes1 30 Days Simple Interest
Special CD $5,000 Yes1 90 Days Simple Interest

Please inquire about special rates for deposits of $95,000 or more.
1 Interest is compounded daily and is paid as instructed upon issuance.