Certificates of Deposit, also known as CDs, can be an excellent way to save money and get a predictable interest rate for a specific length of time.
At Senior BofI CDs can be opened in amounts ranging from $1,000 to $100,000 for terms up to 60 months. The interest is compounded daily and paid monthly.
If you want you can have your interest payments automatically transferred to your Senior BofI checking account, another account elsewhere or mailed to you in a check.
As with all Senior BofI accounts, you can access your CDs online, viewing your balances and statements from your own home. You can also access balances via telephone.
Complete information about all the CDs we offer is available on our Certificate of Deposit Page – you can also open your CD account there.
Labels: cds, certificate of deposit, internet banking, senior banking