Certificate Of Deposit
A Certificate of Deposit, (CD) is a savings certificate allowing the savor to collect interest for a set period of time. CDs bear a maturity date, a specified fixed interest rate and can be issued to anyone for as little as $100.
Connections offer several different CDs to fit your needs ranging from 60 days to 5 years.
Certificates with a term of 18 months and longer have an additional benefit of the One Jump option. One Jump option gives you some rate protection should rates increase during your term. If rates do increase during the term of your certificate, you have the option to jump your rate for the remainder of the term.*
*One jump only per certificate.
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