Choice Growth Certificate of Deposit
- $1000 minimum amount to open
- Interest calculated daily and credited monthly, quarterly, semiannually, or annually
- No minimum balance to avoid service charges
- Penalty for early withdrawal will be based upon the term of the CD as follows: Certificates 12 months or less = 30 days interest, Certificates 13 months or greater = 90 days interest.
- Interest may be capitalized, paid by check, or deposited to existing accounts.
- Online Banking
- For Current Interest Rates please contact Palisades National Bank.
Choice IRA Certificate of Deposit
- $1000 minimum amount to open
- Interest calculated daily and credited quarterly
- No minimum balance to avoid service charges
- Penalty for early withdrawal will be assessed as described for the Growth Certificate of Deposit and as required under IRA regulations
- Money Market and 36-month maturities available
- MMA IRA - additions may be made in any amounts during term of certificate
- Online Banking
- For Current Interest Rates please contact Palisades National Bank.
