CDs

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

Our CDs  offer guaranteed yields and flexibility. That’s because you lock in a 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.

We offer CDs in a broad range of maturities, each designed with a particular goal in mind. 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 Personal Bankers today.


Upgrade CD

Purchase an 18-month CD today and if interest rates increase during the term, notify us to increase your rate. The higher rate will be in effect for the remainder of the CD term. If rates go down, you keep the rate you locked in when you opened the CD.

A penalty may be imposed for early withdrawal. Upgrade option may be exercised once during the 18-month term. CD is automatically renewable.


The State Bank of Alcester offers many CD terms, including
3-month 6-month 9-month* 12-month 18-month
24-month 36-month      30-month*     48-month 60-month

*  9-month and 30-month CDs are non-renewable and will not earn interest after maturity date.  Interest earned on 30-month CD will be credited to another State Bank of Alcester savings or checking account annually.

A penalty may be imposed for early withdrawal.

Product descriptions herein do not take the place of required disclosures under federal and state regulations.  Please contact us for disclosures appropriate to these accounts.