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Gainsburry Capital Bank offers fixed rate, simple interest CDs for different terms and rates. CDs are automatically renewable. Different rates are offered for Jumbo CDs ($100,000.00 or more).
Contact our New Accounts Department for further information on terms, rates, interest payments, and penalties on regular CDs.
Regular CDs
Three month CD
- Automatically renewable
- Interest paid at term back to CD
- Penalty for early withdrawal is an amount equal to one month's interest.
- Redeemable on day of maturity or within 10 days after without penalty
Six month CD
- Automatically renewable
- Interest paid at term back to CD
- Penalty for early withdrawal is an amount equal to one month's interest.
- Redeemable on day of maturity or within 10 days after without penalty
12 month CD to 24 month CD
- Automatically renewable
- Interest paid quarterly back to CD
- Penalty for early withdrawal is an amount equal to three month's interest.
- Redeemable on day of maturity or within 10 days after without penalty
3 Year CD to 5 Year CD
- Automatically renewable
- Interest paid quarterly back to CD
- Penalty for early withdrawal is an amount equal to six month's interest.
- Redeemable on day of maturity or within 10 days after without penalty
Jumbo CDs
- Automatically renewable
- Terms up to 60 months
- Interest paid quarterly on one year and higher
- Penalties – One month's interest for one, three, or six month CD; three month's interest for 12 month CD and 24 month CD; six month’s interest for 3-5 year CD
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