CERTIFICATE OF DEPOSIT

Geauga Saving Bank consistently offers some of the most competitive rates in the area on our wide range of Certificates of Deposit (CDs). You can open an account for as little as $1,000 (no minimum for retirement CDs), for terms that range from 3 to 60 months. The more and longer you invest, the higher your rate of return.

Features and Benefits:

  • Competitive rates
  • A safe investment, insured by the FDIC for up to $100,000
  • IRAs can be opened with no minimum balance and for any CD term

REGULAR CDs

$1,000 MINIMUM DEPOSIT



RATES CURRENT AS OF 07/18/08



TERM
RATE
APY*
3 month certificate 3.50 3.55
6 month certificate 3.27 3.30
12 month certificate 4.10 4.10
18 month certificate 4.24 4.25
24 month certificate 4.30 4.30
36 month certificate 4.50 4.50
48 month certificate 4.65 4.65
60 month certificate 4.70 4.70

* Annual Percentage Yield (APY) is based on a $1,000 deposit. The APY on your CD may be different. Fees or other conditions could reduce earnings on your account.

Rates subject to change without notice. There is a penalty for early withdrawal. Interest is paid at maturity if the CD term is 12 months or less. When terms are greater than 12 months, interest is paid annually on the CD anniversary date with the final interest payment at maturity.




EXECUTIVE CDs

$10,000 - $60,000 DEPOSIT



RATES CURRENT AS OF 07/18/08



TERM
RATE
APY*
9 month certificate 3.73 3.75
12 month certificate 4.10 4.10
18 month certificate 4.24 4.25
24 month certificate 4.30 4.30

* Annual Percentage Yield (APY) is based on a $10,000 deposit. The APY on your CD may be different. Fees or other conditions could reduce earnings on your account.

Rates subject to change without notice. There is a penalty for early withdrawal. Interest is paid at maturity if the CD term is 12 months or less. When terms are greater than 12 months, interest is paid annually on the CD anniversary date with the final interest payment at maturity.





JUMBO CDs

$60,001 - $90,000 DEPOSIT



RATES CURRENT AS OF 07/18/08



TERM
RATE
APY*
9 month certificate 3.73 3.75
12 month certificate 4.10 4.10
18 month certificate 4.24 4.25
24 moth certificate 4.30 4.30

* Annual Percentage Yield (APY) is based on a $60,000 deposit. The APY on your CD may be different. Fees or other conditions could reduce earnings on your account.

Rates subject to change without notice. There is a penalty for early withdrawal. Interest is paid at maturity if the CD term is 12 months or less. When terms are greater than 12 months, interest is paid annually on the CD anniversary date with the final interest payment at maturity.