Certificates of Deposit
Smarter savings: Store up cash for short to intermediate term investing.
Low risk: Earn more for your money without the risk of other investments.
Flexibility: A variety of amounts, terms, rates and options are available.
CD Details
- Competitive Interest* Rates
- Terms are available from 91 days to 4 years**
- Can be used as collateral for loans
- Minimum opening balance varies
Certificates of Deposit typically earn a higher interest than other savings accounts.. When you purchase a CD, you invest a fixed sum of money for a fixed period of time and, in exchange, receive interest in regular intervals.
*Interest rates are subject to change at the bank’s discretion. Current rates and additional information are available by calling 320-252-4200.
**Substantial penalty for early withdrawal.
Family Who Saves CD
Have a family savings goal? Open a Family Who Saves CD today to get started!
- Select your own terms between 182-365 days
- Special Family Who Saves Interest Rate*
- $50 to Open Account
- Minimum of $25 monthly Auto-deposit from an existing PPB checking account
- Deposit additional funds during the term
- Follow the plan and we’ll deposit your total saved amount (plus interest*) back into your checking account upon maturity**)
*Interest rates are subject to change at the bank’s discretion. Current rates and additional information are available by calling 320-252-4200
**Substantial penalty for early withdrawal
Can’t Wait for Savings?
Sometimes NOW is the time to take advantage of an opportunity. Instead of assuming it’s not possible, come talk to us about your options! We would love to work with you and show you the possibilities. Contact one of our Relationship Managers today for more information.