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Certificates of Deposit (CDs) are considered one of the best ways to save money. When you invest in a CD, you invest your savings for a specific period of time and Elkhorn Valley Bank & Trust will guarantee your interest rate during this period. A Certificate of Deposit is a great fit when you don't need immediate access to your funds and want a predictable rate of return. Certificates of Deposit are also FDIC insured up to $250,000.00, providing you with added security. At your convenience, you can open your account online, in a matter of minutes, 24/7. Just click on the "Open Account Now" button below to open your Elkhorn Valley Bank Certificate of Deposit today! To see just how easy it is, click here to watch a tutorial on Elkhorn Valley Bank online account opening.
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No minimum balance is required on certificates of deposit. A penalty may be imposed for withdrawals before maturity. On a 6 month Certificate of Deposit, the fee we may impose will equal three months' interest on the amount withdrawn subject to penalty. On Certificates of Deposit 1 year or more, the fee we may impose will equal 6 month's interest on the amount withdrawn subject to penalty.
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