Certificate of Deposit Accounts
It’s nice to know the exact return your investments will bring. If you like a set rate of return and the security of an FDIC-insured account, a CD from Johnson Bank could be just right for you. Our CDs have terms from as short as three months to as long as 60 months.
Short-term CDs (under 24 months to maturity) are a good strategy if you don’t want your money tied up long-term, but still want to earn interest. Long-term CDs (Over to 24 months to 60 months) lock in a good rate and maximize your return. (See our CD Terms.)
CDs typically pay a higher return rate than your checking, savings and Money Market accounts. If you redeem a CD before its maturity date, you might have to pay an early-withdrawal penalty and could receive less than your investment.
Visit or call any Johnson Bank branch today to determine which CD is a good investment for you.
Financial Information Center Article:
Certificates of Deposit: Tips for Investors
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