Certificates of Deposit (CDs)
Certificate of Deposit, or CDs, are an ideal way to save for the future. These FDIC-insured, high-yielding investments are available for a variety of terms. From a 7-day CD requiring a $2,500 initial deposit, to a 5-year certificate for as little as $500, and many levels in between, you earn competitive interest rates that are guaranteed for the term of the deposit.
All of our CDs are automatically renewable, and you can choose how and when to receive the interest: it can be automatically credited to your Old Point checking or savings account, sent to you by check, or be reinvested in the CD at maturity.
Access up to $50 million in FDIC Insurance. Use one bank, get one rate, and one statement.
|
13 Month No Penalty CD |
0.35% Annual Percentage Yield** |
| Minimum Opening Deposit: $
1000.00 |
|
|
16 Month Mid-Term CD Special |
0.80% Annual Percentage Yield** |
| Minimum Opening Deposit: $
5000.00 |
|
|
58 Month Long-Term CD Special |
1.75% Annual Percentage Yield** |
| Minimum Opening Deposit: $
5000.00 |
|
|
28 Month (Bump Up) CD |
1.10% Annual Percentage Yield** |
| Minimum Opening Deposit: $
10000.00 |
|
|
8 Month Short-Term CD Special |
0.30% Annual Percentage Yield** |
| Minimum Opening Deposit: $
10000.00 |
|
|
**Annual Percentage Yield as of
10/12/2011
Penalties may be imposed for early withdrawal. Rates subject to change
without notice. Rates quoted may differ from those offered in Old Point
branches. Please call your nearest Old Point branch for current rates.