Certificate of Deposits

Certificate of Deposits

Lock in for the best rate on the term you choose from 6 months to 5 years. 

Features:

  • Competitive dividend rates
  • Free e-Branch Home Banking (e-Branch)
  • Dividends can be transferred to another Texell account
  • Free Mobile Banking with Mobile Deposit (mobile deposit)
  • Account alerts through e-Branch (e-Branch)
  • Fixed rate for a specified term
  • Available for retirement accounts (retirement accounts)
  • e-Statements
  • Account insured up to $500,000

Details:

  • Monthly Service Fee: $0
  • Minimum to open: $1,000
  • Minimum to earn dividends: $1,000
  • Dividends Paid: Quarterly with options to deposit back to account or transfer to another Texell account
  • Accounts are subject to penalty for early withdrawal. Terms renew automatically.

Open a Certificate Online

Scroll to the left to view the rest of the table.


TERM SHARE CERTIFICATES
Term Prospective Annual Percentage Yield Minimum to Open Minimum Daily Balance to Earn Dividends 1 Minimum to Avoid
Service Charge 2
6-month 0.60% $1,000 $1,000 $0
12-month 1.00%
$1,000 $1,000 $0
18-month 1.00% $1,000 $1,000 $0
24-month 1.10% $1,000 $1,000 $0
36-month 1.25% $1,000 $1,000 $0
48-month 1.50% $1,000 $1,000 $0
60-month 1.50% $1,000 $1,000 $0