Certificates of Deposit, also known as CDs, are a great way to save money. Since you are depositing a specific amount of money for a fixed period of time, the interest rate you earn is often higher than you’d earn in a regular savings account. Plus, you know in advance exactly how much you’ll earn – always assuming, of course, you don’t withdraw any of the principal prior to the term.

Senior BofI offers a variety of CDs in amounts ranging from $1,000 to $100,000, all FDIC insured. You can open:

• An Individual CD
  
• A Joint CD
  
• UTMA CD
  
• A Trust CD - (Family & Inter Vivos)
  
• A CD for Non Profit Corporations - (Charities)

Terms on our CDs range from 6 months to 60 months. You can open a CD account from our Certificate of Deposit Page.

Feel free to contact us with any questions.

Labels: cds, certificate of deposit, online banking, senior banking