CDs At The Callaway Bank
With competitive interest rates, Callaway Bank CDs are a great way to save and earn on your money! In addition, they offer the opportunity to earn quite a bit more in interest than typical savings accounts!
Enjoy More Flexibility
– Add On To Your CD allows you to keep depositing funds into your CD during its term.
– Long and Short-term CDs both earn more than a savings account.
– Manage your earnings by combining your choice of time commitment and deposit amount.
– With competitive interest rates, Callaway Bank CDs are a great way to invest and earn on your money!
For Your Community CD Special is a premium rate CD specially designed to support your community by keeping your dollars local.
When you spend money locally, those dollars don’t evaporate to some corporate headquarters nationwide or worldwide. Instead, they stay in the community, where they’re reinvested.
Saving with CDs
Various types of CDs are available to fit your needs. CDs are set up so the depositor agrees to keep the money in the CD for a specific time (term), and the bank agrees to pay a higher interest rate on those funds. An example would be: you could open a CD for $5,000 for a 12-month term. The bank agrees to pay you a higher interest rate on the funds because they are a set timeframe.