Certificates of Deposit (CDs)
Take advantage of higher interest rates to help your money grow and enable you to reach your financial goals.
Competitive Interest Earned
A CD pays higher fixed interest rates than savings or money marketing accounts (please refer to the interest rate table for details).
Variety of Terms
We offer CDs with terms ranging from 1-month to 4-years to meet your various financial needs.
Customers can enroll in our online banking system to view their CD account details.
INTEREST RATES, FEES & APPLICATION REQUIREMENTS
There is a minimum deposit required to open a CD that varies with the term of the CD. Interest will not be compounded. Accrued interest will be credited to the account at maturity.
There are no monthly maintenance fees for accounts. Penalties may apply for early withdrawals. For more information on the requirements to establish a CD through BOC U.S.A., contact or visit our New York or Queens branch.