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: May 28, 2022
| Term | Minimum Deposit to Open Account | Minimum Balance to Earn APY* | Interest Rate | APY* | Compounding Frequency |
|---|---|---|---|---|---|
| 12 Months | $500.00 | ||||
| $500.00 - $49,999.99 | 0.35% | 0.36% | Monthly | ||
| $50,000.00 and over | 0.35% | 0.36% | Monthly | ||
| 24 Months | $500.00 | ||||
| $500.00 - $49,999.99 | 0.50% | 0.51% | Monthly | ||
| $50,000.00 and over | 0.50% | 0.51% | Monthly | ||
| 36 Months | $500.00 | ||||
| $500.00-$49,999.99 | 0.75% | 0.76% | Monthly | ||
| $50,000.00 and over | 0.75% | 0.76% | Monthly | ||
All Deposits are Insured in Full. |
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