Term CDs

  Overview     Open Account  

Enjoy great rates and terms from 7 days through 5 years—pick your best fit. All that is required is a low minumum deposit.

Account features:

  • Fixed interest rate1
  • Interest payment options available to meet your needs
  • $1,000 minimum opening deposit
  • Seven calendar day grace period2
  • FDIC insured 3
  • Maturity notices received by mail and e-mail through My Alerts feature of Online Banking

After submitting your application, you will be required to visit a branch office in Texas, Louisiana or our headquarters branch in McLean, Virginia to complete the process.

or call toll-free 1-888-755-BANK (2265)
 
1 We use the daily balance method to calculate interest on the account. This method applies a daily periodic rate to the balance plus earned interest in the account each day.  Interest must be compounded monthly in order to receive full Annual Percentage Yield (APY).

2 A seven (7) day grace period is provided after the maturity date for terms 31 days or greater. During the grace period, you may change the principal amount or certificate term or you can redeem the certificate without a bank penalty. Interest will not be earned or paid during the grace period on funds withdrawn or if the certificate is redeemed during that time.  

After the grace period, we impose a penalty for early withdrawals; this fee could reduce earnings. 

3 Subject to FDIC limitations.