Certificates of Deposit - Forte Bank
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Certificates of Deposit

If you’re looking to earn a higher interest rate on your savings, then a certificate of deposit (CD) may be for you! A CD gives you a guaranteed interest rate, typically higher than standard savings accounts, for a specific period of time, ranging from three months to five years. Total deposits are fully insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor.
 
Choose the term that best meets your needs!
  • $1000.00 minimum investment
  • Personal or business CDs available
  • Terms ranging from 3-60 months
  • Early withdrawals subject to penalty
  • If the CD automatically renews at maturity, the rate of interest is subject to change from the original term
  • Interest on CDs compounds quarterly
  • Terms may vary for CD specials

CD Special

As of 03/06/2020
Currently Forte Bank is offering a high-yield CD special. In a changing-rate environment, this CD special guarantees your rate for the term of the CD. Let us guide you to high yields!

Requirements:

20-Month CD Special — 1.65% Annual Percentage Yield (APY)

  • $5,000 minimum deposit, not to exceed $250,000 per depositor
  • You must have or establish a checking account relationship to qualify ($100 minimum initial deposit required to open a checking account)
  • Interest will either be compounded or paid to a checking account at Forte Bank
  • Early withdrawals subject to penalty