Our Time CDs are a good choice if you’re looking to earn better interest on money you can set aside for the near future.
Available for terms of less than one year, these CDs are a great way to get a little more out of your savings in a short period of time.
Features & Benefits
- Competitive interest rates*
- $500 minimum opening deposit
- Combined statement available with your other checking or savings accounts
Time Deposit (Rates as of 11/1/2009)
Minimum Balance Required to Open and Obtain Annual Percentage Yield: $500
| Term (Simple Interest) |
Interest Rate |
Annual Percentage Yield |
| 30 Days |
0.75% |
0.75% |
60 Days
|
0.75% |
0.75% |
| 90 Days Open Online |
1.10%
|
1.10%
|
| 120 Day |
1.10%
|
1.10%
|
| 180 Days Open Online |
1.64%
|
1.65%
|
| 8 Months |
1.74% |
1.75% |
| 270 Days Open Online |
1.70%
|
1.70%
|
| 360 Days |
2.05%
|
2.05%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded on a simple basis, and credited at maturity.
If you’d like security and a guaranteed return on some longer-term investments, look to our Silver CDs.
These CDs offer a lot of flexibility. With terms ranging from one to eight years and three tiers of interest, we can help you build the right option for your goals.
Features & Benefits
- Competitive interest rates*
- $500 minimum opening deposit
- Combined statement available with your other checking or savings accounts
- Available as an IRA
Silver Certificate Time Deposit (Rates as of 11/1/2009)
Minimum Balance Required to Open and Obtain Annual Percentage Yield:
| Term (Compounded Daily) |
$500 |
$25,000 |
$50,000 |
| Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
1 Year Open
Online |
2.03%
|
2.05%
|
2.03%
|
2.05%
|
2.08%
|
2.10%
|
2 Year Open
Online |
2.42%
|
2.45%
|
2.47%
|
2.50%
|
2.52%
|
2.55%
|
| 3 Year |
2.57%
|
2.60%
|
2.67%
|
2.70%
|
2.76%
|
2.80%
|
| 4 Year |
2.76%
|
2.80%
|
2.86%
|
2.90%
|
2.96%
|
3.00%
|
| 5-8 Year |
3.01%
|
3.05%
|
3.10%
|
3.15%
|
3.20%
|
3.25%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded daily and credited quarterly.
Our Rate Option CDs offer you the security of a fixed rate and term while reducing any hesitation you might feel.
With these CDs, you can lock in your return without worrying about missing out on a higher rate just around the corner. If rates go up, you’re welcome to take a one-time bump.
Features & Benefits
- Competitive tiered interest rates*
- One-time rate increase option
- $500 minimum opening deposit
- Combined statement available with your other checking or savings accounts
- Available as an IRA
Rate Option Time Deposit (Rates as of 11/1/2009)
Minimum Balance Required to Open and Obtain Annual Percentage Yield:
| Term (Compounded Daily) |
$500 |
$25,000 |
$50,000 |
| Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
Interest Rate |
Annual Percentage Yield |
1 Year Open
Online |
2.03%
|
2.05%
|
2.03%
|
2.05%
|
2.08%
|
2.10%
|
2 Year Open
Online |
2.42%
|
2.45%
|
2.47%
|
2.50%
|
2.52%
|
2.55%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded daily and credited quarterly.
If you’re looking ahead a year to a big purchase or trip and would like a savings option to help get you there, our Add-To CD is a great choice.
You can get started right away with a low deposit, and then you can add to the CD as the year goes along. This CD also offers a variable rate, so you have the opportunity to earn more.
Features & Benefits
- Variable interest rate*
- Unlimited additional deposits**
- Automatic deposit***
- $100 minimum opening deposit
- Combined statement available with your other checking or savings accounts
- Available as an IRA
Add-To Time Deposit (Rate as of 11/1/2009)
Minimum Balance Required to Open and Obtain Annual Percentage Yield: $100
| Term (Compounded Daily) |
Interest Rate |
Annual Percentage Yield |
| 1 Year |
0.15%
|
0.15%
|
A penalty will be imposed for early withdrawal.
Interest rates and Annual Percentage Yield are subject to change.
*Interest is accrued daily, compounded daily and credited quarterly. The interest rate and Annual Percentage Yield may change on the first day of each month. The interest rate is the same as the yield on the first 6 month Treasury Bill auction of the previous month.
**$100 minimum.
***$25 minimum.
Anything Frontier Bank can do to help you plan for retirement or your children’s college education is a good thing. We offer several options to meet your IRA investment needs. Not one of them charges an annual fee, and they’re all available for Traditional IRAs, Roth IRAs, and Coverdell Education Savings Accounts.
With a low minimum opening deposit and the freedom to make additional deposits as you’re able, our Flex IRA is an excellent way to get your retirement saving started. In addition, you can choose to invest with the various benefits of our Silver, Rate Option and Add-To CDs.
Flex IRA Features & Benefits
- Competitive interest rate*
- No setup fee
- No annual fee
- No maturity date
- No bank early withdrawal penalties
- $100 minimum opening deposit
- Monthly statements
CD IRA Features & Benefits
Withdrawals are subject to IRS guidelines and penalties.
*Interest is accrued daily, compounded daily and credited monthly.