Community Bank of Pleasant Hill CD Rates

Those who live in the state of Missouri can choose to do their banking at the Community Bank of Pleasant Hill. This is “where your future shines!” according to the bank. This financial institution offers to its customers’ personal banking, business banking, investments and loans. Whatever you can find at any other bank you can also find at the Pleasant Hill Bank.

Those who live in the state of Missouri can choose to do their banking at the Community Bank of Pleasant Hill. This is “where your future shines!” according to the bank. This financial institution offers to its customers’ personal banking, business banking, investments and loans. Whatever you can find at any other bank you can also find at the Pleasant Hill Bank.

Certificates of deposit (also sometimes referred to as simply CDs) provide a wise and savvy way to save money in an account and earn interest. CDs earn higher interest rates than do savings accounts. One of the major differences between the two is that when you put money into a CD the money is locked in for a specified duration of time. Most savings accounts allow you access to your money any time. The Community Bank of Pleasant Hill CD rates are highly competitive and are worth a closer look at!

Certificates of deposit have high yields at the Community Bank of Pleasant Hill and they are insured by the FDIC up to $250,000 per depositor until the end of December 2013. In January 2014 the FDIC will ensure accounts up to $100,000.

CDs have a set maturity date and they are a very smart way to save for the things you wish to have and achieve on a long-term basis. The CDs found at this banking establishment offer higher returns on your money and they combine both flexibility and safety.

The Community Bank of Pleasant Hill CDs can be purchased for the short term of 30 days up to a term of four years. The terms in between include 90 days, 6 months, 1 year, 2 years, and 3 years. The certificate of deposit will automatically renew once it reaches the maturity date unless you decide to withdraw your money.

The interest rate for the CD is fixed which means that it is locked in for the term that you have chosen (be it 90 days, 6 months, 1 year, etc.). There is no start-up fee or maintenance fee connected to opening a CD account. In order to open a CD account you require a minimum deposit of $500. If you withdraw your money out of the account early you will have to pay a penalty. The penalty for early withdrawal is three months worth of interest (or $50.00), whichever happens to be greater.

Here is the most current Community Bank of Pleasant Hill CD rates:

•    30 Day Term- Interest rate of 0.50%, APY of 0.50%
•    90 Day Term- Interest rate of 0.55%, APY of 0.55%
•    6 Month Term- Interest rate of 0.80%, APY of 0.80%
•    1 Year Term- Interest rate of 1.14%, APY of 1.15%
•    2 Year Term- Interest rate of 1.49%, APY of 1.50%
•    3 Year Term- Interest rate of 2.03%, APY of 2.05%
•    4 Year Term- Interest rate of 2.28%, APY of 2.30%

Today is the day to start investing in your financial future! Visit the Pleasant Hill Bank online to learn more. The website can be found at http://www.cbphonline.net/.