Put your money to work for you with a CD. 

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.

CD Rates & Disclosures

Rates Effective: May 27, 2025

TermMinimum Deposit to Open AccountMinimum Balance to Earn APY*Interest RateAPY*Compounding Frequency
6 Months$2,500.00
$2,500 – $49,999.993.75%3.75%Simple
$50,000.00 and over3.75%3.75%Simple
9 Months$500.00
$500.00 – $99,999.993.52%3.63%Monthly
$100,000.00 and over3.52%3.63%Monthly
12 Months$500.00
$500.00 – $99,999.993.87%4.00%Monthly
$100,000.00 and over3.87%4.00%Monthly
24 Months$500.00
$500.00 – $99,999.993.16%3.25%Monthly
$100,000.00 and over3.16%3.25%Monthly
36 Months$500.00
$500.00 – $99,999.992.68%2.75%Monthly
$100,000.00 and over2.68%2.75%Monthly

Fees could reduce earnings. On Certificate Accounts, a fee may be imposed for early withdrawal.
All Deposits are Insured in Full.


Penalty calculation formula: [withdrawal amount x (annual interest rate/12) x number of months interest]
Example for $10,000 withdrawal from 24 month CD:[$10,000 x (0.04/12) x 3 = $100 penalty amount