A CD Special Even Grandma Will Envy
Okay, that headline is totally misleading. Grandma can snag the rate too.
17 months – 1.70% apy* | 27 months – 2.10% apy*
Not too shabby, eh? Let’s do the math. Say you’ve got $3,000 sitting around and don’t need it, but don’t know what to do with it. You could stick it in a savings account and earn just over a $1.00, or you could throw it into this CD for 17 months and earn over $72.00. That’s it. Just by leaving it alone.
And grandma? Maybe she’s got $10,000 sitting around in her good old-fashioned savings account. She could stick it in to our CD for 27 months, and the CD value at the end of the term would be $10,478.73 (yes, Grandma just made $478.73, just by letting her money sit there, risk free.). In a regular savings account, grandma would bring in about $4.00 bucks in the same time frame.
So, whether you’re the grandma or the grandkid, spread the news. It’s about to make you the favorite.
Get connected with a Financial Service Representative today to get set up!
Click HERE to make an appointment.
*apy = annual percentage yield. Limited time offer. Accurate as of 10/17/2017. Early withdrawal penalties apply.