Certificates Of Deposit | Rayne Building and Loan
Certificates Of Deposit
Do more with your money — without the work. A Rayne Building and Loan Certificate of Deposit (CD) pays a fixed rate of interest, which is higher than most standard savings account rates.
Unlike other uncertain investments, you know that you will see a return. Just choose your term, lock in your rate, and watch it grow. The longer your term, the better your rate. Take the safe, secure route and avoid other risky investments. Open your CD today.
- $1,000 minimum balance
- Interest compounded daily
- Competitive, fixed rates
- CD automatically renews at maturity
- 10-day grace period at maturity for withdrawal of funds
- Interest can be paid directly to you or reinvested into the CD
- Interest credited before maturity may be withdrawn without penalty
- Penalty may be imposed for early withdrawal