Certificate of Deposit

We’ve Got A Certificate of Deposit That’s Right For You

  • Carver State Bank offers certificates with terms from 7 days to 8 years to meet both short-term and long-term investment needs.
  • Take advantage of such features as automatic renewal of your certificate, ten-day grace periods, interest checks, automatic transfers of interest to checking or savings accounts and interest compounding.
  • A minimum deposit of $2,500.00 is required for terms of 7 to 89 days.
  • All other terms require a minimum deposit of $500.00. Interest penalties will be assessed for early withdrawals.

Our Certificates of Deposits offer guaranteed yields, flexibility, and the safety of FDIC insurance. That’s because you lock in a high yield that’s guaranteed from the day you open the account until the day it matures. You know exactly what return you’ll get and when you’ll get it.

Your investment is safe because Carver State Bank CDs are backed by the Federal Deposit Insurance Corporation for up to $250,000 per individual – making them as safe as any investment in the world.

We offer Certificates of Deposit in a broad range of maturities, each designed with a particular goal in mind. And, for as little as $500, you can open your own CD. To help you decide which CD will best meet your needs, take our One-Minute Certificate of Deposit Test. Then request a CD quote from one of our Customer Services Representatives today at 1-877-489-2434.