When your Certificate of Deposit matures, you can have the interest credited to your:
Grow Your Long-Term Savings With a Certificate of Deposit
Get StartedManaging payroll efficiently is essential for any business.
Looking for a guaranteed, risk-free way to save for a goal that earns higher interest? Whether you’re saving for your dream home, building your emergency fund, or desperately need a vacation, Certificates of Deposit (CDs) are the easy way to save!
Achieve Your Long-Term Savings Goals With a CD!
Achieve Your Long-Term Savings Goals With a CD!
Father and son walking after playing a game of basketball. Young man and teenage boy having fun, talking and chatting while staying fit, activeFeatures:
- Competitive rates
- FDIC insured
- Guaranteed returns
- Terms from 3-60 months
- $500 opening deposit
- Interest credited monthly
Interest Payment Options
- Personal Checking Account
- Personal NOW Checking Account
- Money Market Account
- Passbook Savings Account
- Or issued to you by check
Young beautiful woman traveling by car in the mountains using smartphone at sunsetYoung beautiful woman traveling by car in the mountains using smartphone at sunsetReview Your Certificate
Easily check in on your certificate and interest accrued through:
- Logan Bank and Trust Online Banking
- Logan Bank and Trust Mobile Banking app
- Telebanking
Interested in opening a high – yield CD at Logan Bank & Trust?
Happy single father having fun while dancing with his small daughter after moving into a new apartment. Copy space.Frequently Asked Questions
A Certificate of Deposit (CD) is a savings product that earns interest on a lump sum for a fixed period of time. CDs are known to be one of the safest investing options available because they have locked rates – this means that even if the Federal Reserve changes rates, yours will remain the same. This provides a clear return on your deposit over time because the institution cannot suddenly change your rate.
A penalty may be imposed for early withdrawals. Please talk to an Account Representative for more information.
Yes, at Logan Bank and Trust, our Certificates of Deposit are FDIC insured, so you can have peace of mind that your money is protected.
The biggest difference between a CD and a Savings Account is their interest rates. Certificates of Deposit tend to have higher rates than traditional Savings Accounts. However, unlike a Savings Account, your money is not easily accessible in a CD. If you remove your funds from a CD early, a penalty may apply, impacting your overall earning potential.
You can easily view all our current Certificate of Deposit rates on our Rates page.