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There isn’t much that’s certain in business. A CD is the exception. Enjoy peace of mind with guaranteed earnings for the term you choose.

Key Features

  • Competitive Interest
  • Guaranteed Earnings
  • Wide Range of Terms
  • Fixed rates, higher than standard savings
  • Receive higher rates by selecting a longer term*
  • Interest paid or compounded quarterly
    • For 182-day term, interest paid or compounded at maturity
  • Interest can be paid to any Chelsea State Bank statement account
  • Provides more guarantee than other risky investments
  • Set aside for future savings goals
  • A wide range of terms available (from 6 months to 5 years)
  • No setup or maintenance fees
  • Early withdrawals subject to penalty**
  • $500 minimum deposit to open
    • $5,000 minimum deposit to open 182-day or 7-month CD

*Fees may reduce earnings on the account.

**Early withdrawals may result in penalties of 3 months interest to a year’s worth of interest, depending on term.