Certificates of Deposit (CDs) offer a higher rate of interest than regular savings accounts. BankGloucester offers competitive rates. If you are seeking a safe and secure way to earn interest on your money, a CD may be the right choice for you.
Rates Effective: August 7, 2023
| Term | Minimum Deposit to Open Account | Minimum Balance to Earn APY* | Interest Rate | APY* | Compounding Frequency |
|---|---|---|---|---|---|
| 12 Months | $500.00 | ||||
| $500.00 - $99,999.99 | 4.00% | 4.12% | Monthly | ||
| $100,000.00 and over | 4.25% | 4.38% | Monthly | ||
| 24 Months | $500.00 | ||||
| $500.00 - $99,999.99 | 4.75% | 4.90% | Monthly | ||
| $100,000.00 and over | 4.75% | 4.90% | Monthly | ||
| 36 Months | $500.00 | ||||
| $500.00 - $99,999.99 | 2.75% | 2.82% | Monthly | ||
| $100,000.00 and over | 2.75% | 2.82% | Monthly | ||
All Deposits are Insured in Full. |
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