Safe and convenient way to save for your retirement,
vacation, a new home or college education.
- Let your interest grow in a Port Washington State
Bank Certificate of Deposit (CD).
- Interest is paid monthly, by check, deposit into
another PWSB account or reinvested into the CD.
- FDIC insured up to $100,000, guaranteeing the
safety of your deposits
- Interest rates are set on a weekly basis, assuring
you the most competitive rates available
- Your CD can automatically renew at maturity.
You don't need to keep track of time or contact the bank. Your
money will always be invested.
- CD Terms range from 90 days to 5 years with low
minimum deposit requirement
- Combine your CD information with other Port Washington
State Bank accounts and receive one monthly statement.
- Use your CD as collateral when you need to borrow
money unexpectedly.
- CD Rate Sheet
- For more information about our Certificates of
Deposit contact our Customer Service Department at 1-800-550-9435
or use our contact
form.
- Click here for a link to the FDIC's Electronic Deposit Insurance Estimator (EDIE). EDIE allows you to calculate the insurance coverage of your accounts at FDIC-insured institutions like Port Washington State Bank.
Worried about investing
in a CD at a low rate environment?
Consider a laddering approach. By opening longer term CD's at different
times, you can have CDs coming due every year, 6 months, or even
more frequently. You retain the ability to get to your money without
incurring a penalty, and the opportunity to invest during different
rate environments. You will be able to enjoy better returns than
investing in savings, money market or short-term CD's.
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