CDs

Get safe and predictable growth from your savings with a Certificate of Deposit from Clear Mountain Bank. Keep your money in the community where it can work for all of us.

CD Features:

Fixed rate of interest throughout the contract year
Variety of plans tailored to meet your specific needs
Advance distribution of your funds for holiday shopping
Easy account renewal using the same account number each year
Funds are directly deposited into your Clear Mountain Bank account

Choose from various retirement plans offered by Clear Mountain Bank to suit your needs.

Effective as of 11/21/2024

Savings Rates	Rate	APY*	Minimum Balance to Obtain APY
7 Day CD	0.03	0.03	$1,000.00
31 Day CD	0.04	0.04	$1,000.00
91 Day CD	0.09	0.09	$1,000.00
182 Day CD	0.12	0.12	$1,000.00
12 Month CD	0.20	0.20	$1,000.00
18 Month CD	0.22	0.22	$500.00
24 Month CD	0.25	0.25	$500.00
30 Month CD	0.30	0.30	$500.00
36 Month CD	0.40	0.40	$500.00
48 Month CD	0.45	0.45	$500.00
60 Month CD	0.60	0.60	$500.00
84 Month CD	0.75	0.75	$500.00
96 Month CD	0.75	0.75	$500.00
Freedom CD - 36 months	0.40	0.40	$1,000.00

* Annual Percentage Yield
** Your interest rate and annual percentage yield may change the first of each calendar quarter. IRA’s mature 18 months from date of opening. Rates effective 7/1/2022.
*** Your interest rate and annual percentage yield may change at anytime at our discretion.
**** Maturity date of this club account is October 2022. Its term varies depending on when the account was opened. Rate effective 10/11/2013.
Minimum balance to open accounts are as follows:

Regular Savings and Christmas Club – $1.00
IRA’s – $10.00
Certificate of Deposits – $500.00/ $1,000

Fees may reduce earnings.

Penalty for early withdrawal may be imposed on all accounts listed above with the exception of Regular Savings. Rates and APY’s are accurate as of 8/2/2022 (unless otherwise noted).

Clear Mountain Bank provides these rates for informational purposes only. These rates are subject to change and should not be used for financial or future planning. For actual current rates please contact your local Clear Mountain Bank office.