If you’re looking for a secure way to grow your money, Castroville State Bank’s certificates of deposit are a great choice. 

CD’s are a deposit account with a set term or maturity. In return for locking in your money, the yields on such accounts are generally higher than that of a checking or savings account. See the many benefits of CDs below.

• Fixed rates for fixed terms
  • Unlike stocks, money put into a CD will continue to grow predictably.
  • You can lock in a fixed interest rate for the life of the product.
• CDs are a safe choice
  • FDIC insures CDs up to the maximum allowed by law.
• Flexible maturity dates
  • Many options are available which allows you to pick a term that aligns with your financial goals or the timing of life events.
• Reasonable penalties
  • Should you take money out of the account before its maturity date, Castroville State Bank only imposes a penalty on the amount withdrawn, leaving your principal amount intact.