Certificates Of Deposit (CDs)
CD Special
12-Month Online CD**
- 12 months
- 4.45% APY**
- $2,500 Minimum
Guaranty also offers a 13-month CD at all locations with the same great rates and other competitive savings and checking accounts.
Find your most convenient location to get it setup today!
*APY effective as of April 10, 2023. APY is subject to change without notice.
Guaranty Certificate of Deposit Account Highlights
Not all investments come with peace of mind. But, if you’re in the market for a savings tool that promises consistent results no matter how much stock prices rise and fall, you might be looking for a Certificate of Deposit (CD).
Benefits
- Interest-Bearing Account1
- FDIC insured
- Fixed terms
- Viewable in Online Banking
Requirements
- $1,000 Minimum
- Early Withdrawals May Incur Penalties
Term Options
- Tiered Investment Opportunities
- 30 day - 5 year term options
Certificate of Deposit FAQ's
-
A certificate of deposit (CD) is a type of savings account. CDs have a fixed term and a fixed interest rate. Depositors who open a CD account agree to leave their money on deposit for the term of the CD. In return, you receive a higher interest rate than you would on a regular savings account. CDs are considered to be low-risk investments, as the deposit is FDIC-insured and the interest rate is fixed. When the CD matures, you can withdraw the money or roll over the deposit into a new CD.
-
Yes, CDs are FDIC-insured, which means that your deposit is insured up to the maximum applicable limits.
-
CD's do not permit additional deposits after the account is opened.
-
When your CD matures, you will have several options. You can withdraw the money and close the account, roll over the deposit into a new CD, or let the CD automatically renew for the same term at the current interest rate.
-
CDs have an early withdrawal penalty, which means you will lose some of the interest earned if you withdraw the money before the CD matures. The penalty can vary depending on the CD amount and the length of the CD term.
*APY = Annual Percentage Yield. Fees could reduce earnings. A penalty will be imposed for early withdrawal. Minimum deposit to open and to earn the stated APY is $2,500.00. APY is accurate as of April 10, 2023, and is subject to change without notice. This account product is not available to and does not apply to entities which are banks, credit unions, financial institutions, investments firms or other institutional investors. Further, the account is only available to Guaranty Bank & Trust consumer customers or Limited Liability Companies, Sole Proprietorships, General Partners, Limited Partnerships, Trusts, and S-Corp Corporations if the principal owner has 50% or more ownership and is a signer on the account.
**This special is only available for CDs opened online. APY = Annual Percentage Yield. APY is accurate as of April 10, 2023. Fees could reduce earnings. Interest and APY is subject to change without notice. A penalty will be imposed for early withdrawal. This account is only available to consumers. This account product is not available to and does not apply to entities which are banks, credit unions, financial institutions, investments firms or other institutional investors. Online CD specials have a minimum opening deposit of $1,000.00 up to a maximum of $250,000.00 and are limited to $250,000 per household.Minimum balance to earn the stated APY is $2,500.00. For online CD specials, there will be a hold placed on the account for 90 calendar days from the date of account opening delaying your availability to withdraw funds from the CD. You must be at least 18 years of age, and you must be a US citizen or US resident to apply for this account.
For the most current interest rate information, please call 888-572-9881 or come by any Guaranty Bank & Trust location.