Certificate of Deposit (CD)

Riverside Certificates of Deposit provide a secure place for you to invest your money.  You can invest funds for chosen periods of time at a fixed interest rate, allowing you to ride out any interest rate fluctuations that may occur. 

 

Our flexible terms allow you to customize your CD to meet your financial needs.  Often, the longer the term you select, the higher your return. 

CDs are a good option when you are:

• Looking for an investment option with a guaranteed rate for a specific period of time.
• Shopping for an investment with an attractive rate and don’t need immediate access to your funds.
• Receiving a large sum of money that needs to be invested for a limited period of time.

 

Features and Benefits:

• A guaranteed, competitive fixed rate of interest and earnings.
• A choice of term lengths from three months to five years.
• Flexible interest payment options
• Security of FDIC insurance

Also, since CD rates are locked in, you have a sense of security knowing exactly how much interest you will be receiving for the term of your CD.  This is one of many reasons why our customers choose to set up CDs as an additional source of income.

In addition to offering competitve interest rates daily, we do from time to time offer promotional CDs.  We invite you to stop by one of our Banking Centers or call our Customer Care Center for current specials.

For addtional services available for this account, please speak with a Relationship Banker at any of our Banking Centers.