CDs or Certificates of Deposit offer you the opportunity to save a specific amount of money and know how much interest you’ll receive at the end of a fixed period of time assuming you don’t withdraw the money before the time period is up. This predictability is attractive to many.
Senior BofI offers CDs with deposits of as little as $1,000.00 or as much as $100,000.00 and with periods up to 60 months or five years. Interest is compounded daily and paid monthly.
Senior BofI offers different kinds of CDs, including:
- Individual CD
- Joint CD
- UTMA CD
- Trust CD - (Family & Inter Vivos)
- Non Profit Corporation - (Charities)
You can find out all the details and open a
CD account on our CD page.