Ouachita Independent Bank CD Rates
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The Ouachita Independent Bank may be a name that you have a difficult time pronouncing but it is a bank that puts its customers’ and their banking needs and goals first. Sometimes simply referred to as OIB, the Ouachita Independent Bank CD rates are as high as other banks of its kind and are very competitive. A CD account is a smart way for you to begin saving for your future. The same can be said for investing for the future. If you have never invested before then doing so now and starting with a certificate of deposit is an excellent way to get started!
The Ouachita Independent Bank may be a name that you have a difficult time pronouncing but it is a bank that puts its customers’ and their banking needs and goals first. Sometimes simply referred to as OIB, the Ouachita Independent Bank CD rates are as high as other banks of its kind and are very competitive. A CD account is a smart way for you to begin saving for your future. The same can be said for investing for the future. If you have never invested before then doing so now and starting with a certificate of deposit is an excellent way to get started!
This financial institution serves the Louisiana area, as well as Monroe, Shreveport and Bastrop. The bank is waiting for you to walk through their doors and become their most recent valued customer.
The OIB certificates of deposit (CD) are a savings tool that is super powered. The interest you earn from such an account will grow and keep on growing! The wonderful thing about this is that all you have to do is start the account, choose the term and set it in motion. Then you can just watch your money becoming more money right before your eyes!
The Ouachita Independent Bank offers convenient features and a wide array of maturity options for you. This ensures that your financial needs will be met in the most versatile way possible!
The OIB certificates of deposit call for a minimum deposit to open the account. The terms available range from 30 days to 4 years. The interest is compounded on a daily basis. The interest rate for the CD is subject to change when the term for the CD is up. However the option to renew is there. The CD will automatically renew itself if you do nothing else.
If you wish the interest you earn from the CD can be mailed to you by way of a check or it can be deposited to an account you have with OIB. Or if you prefer the interest can be added back into your CD and it can be renewed. It is important to be aware that there is a penalty imposed if you decide to withdraw your money early from your account.
The terms for the CDs at OIB are as follows:
• 30 Day CD
• 60 Day CD
• 90 Day CD
• 6 Month Add-On Certificate
• 6 Month CD
• 1 Year CD
• 18 Month CD
• 2 Year CD
• 3 Year CD
• 4 Year CD
To learn more about the current Ouachita Independent Bank CD rates visit the website found online at http://www.oibank.com/.
