Certificates of Deposit

These continue to be sound investment vehicles which can be tailor-made to meet your individual needs. Your rate of return will depend on the amount of money you wish to invest and the length of time you elect to keep your money on deposit.

Minimum balance of $10,000 for personal CD, $2,000 for IRA CD is required

You may choose to have interest added to your CD, which maximizes its earnings potential, or have your earnings deposited into another account at Cabarrus Bank & Trust for immediate cash needs. Under certain conditions, you may choose to receive an interest check. In most cases, at maturity your CD will automatically renew at the interest rate in effect at that time.

• Guaranteed interest rate for term selected.
• Interest compounded daily
• Flexible interest payment options.
• Automatic renewal upon maturity.
• Combined Accounts Statement
• Complimentary Online Banking
• FDIC Insured

• Required to open a CD account: $500.00
• Required to open a Promotional CD account: $10,000 / $2,000 for IRA's

We are committed to delivering quality products and services and adhering to a high standard of customer care. Our Account Executives would be happy to assist you to open a CD, provide rates and discuss other savings options.