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you take money out of the account before its maturity date, Castroville State Bank only imposes a penalty on the amount withdrawn, leaving your principal amount intact.

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