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Certificates of Deposit (CDs)

Certificates of Deposit (CDs)
Summary

Peace of mind is a good thing, especially when it comes to your savings! Enjoy risk-free earnings when you open a certificate of deposit.

Watch your savings grow at a competitive rate for your chosen term. We offer several different CD options to choose from — so you'll enjoy guaranteed earnings, no matter what your savings goals are.


Benefits

  • Enjoy risk-free savings
  • Earn a competitive, fixed rate
  • Wide range of terms (from 6 to 36 months)
  • Interest compounded and credited semi-annually
  • Interest can be withdrawn on crediting dates
  • FDIC insured up to $250,000
  • $1,000 minimum deposit to open

Wellness Option

We know emergencies happen. If a financial hardship occurs due to a medical circumstance, you can cash in your non-IRA CD without penalty.

  • No penalty for early withdrawal for medical circumstances
  • Frontier Bank checking account required
  • Proof of medical need may be required
Add-Away CDs

Choose this adjustable-rate CD to add funds to at any time during the term.


Benefits

  • High adjustable rate of return*
  • 24-month term
  • Add funds at any time ($500 minimum)
  • Interest compounded and credited semi-annually
  • FDIC insured
  • $1,000 minimum opening deposit
  • You may withdraw interest on crediting dates

*Rate subject to change January 1 and July 1

Rate-Riser CDs

Don't worry about interest rates improving during your CD term. With our Rate Riser CD, you can raise your rate once during the term!


36-Month Term

  • Change the rate once during the term
  • Interest compounded and credited semi-annually
  • FDIC insured
  • $5,000 minimum opening deposit
  • You may withdraw interest on crediting dates

18-Month Term

  • Change the rate once during the term
  • Interest compounded and credited semi-annually
  • FDIC Insured
  • $1000 minimum opening deposit
  • You may withdraw interest on crediting dates