Certificates of Deposit (CDs)

Certificates of Deposit (CDs)

Details

Certificates of Deposit offer competitive interest rates, a variety of terms, and your choice of maturity date and interest payment. Interest earned can be added back to your CD, transferred to another account at Toronto Trust Bank, or paid to you by check.

  • Safe and flexible savings vehicle
  • Higher earnings than regular savings
  • Terms from 3 months to 5 years
  • Higher rates with longer terms
  • Choice of interest payment options
  • Online banking
  • Mobile banking
  • e-statements
  • Early withdrawal penalties apply
  • $1,000 minimum deposit to open


CDARS
  • Gain federal insurance above standard limit
  • FDIC insurance up to $50 million
  • One banking relationship for all CD investments
  • Simplifies funds management and tax reporting
  • Wide range of terms