Certificates of Deposits (CDs)If you have funds that you can afford to invest, then consider placing them in an IBC Certificate of Deposit. With all deposits insured up to the legal limit by the FDIC, you can feel secure that your savings are protected. Interest rates will vary according to the amount of deposit and the length of term.
Personal Certificate Of Deposits OverviewChecking Process Header
Minimum of $2,500 to Open this Type of Account
Account Requirements and Service Fees:
- Minimum amount required to open a CD is $2,500. If CD term is less than 90 days, minimum deposit is $40,000.
- CD terms range from 60 days to 4 years
- Account will automatically renew at maturity
- Possible early withdrawal penalties