Certificates of Deposit (CD)*
A Certificate of Deposit (CD) from Asheville Savings Bank is a great way to grow your nest egg. If you can commit funds—as little as $100—for a period of time, a CD gives you a higher interest rate and the security of FDIC Insurance.
1-Year Blended Rate Accumulator CD*
- $100 minimum opening balance
- Interest compounded quarterly
- Additions permitted anytime in amounts of $100 or more
- Additions earn at the interest rate in effect at the time of deposit
- Additions do not extend the maturity date
18-Month Accelerated CD*
- $500 minimum opening balance
- Interest compounded quarterly
- Rate adjusts upward every 90 days
- Withdrawals permitted at end of each 90-day interval without penalty
3-Year Bump Rate CD*
- $500 minimum opening balance
- Interest compounded quarterly
- Anytime after one year you can, on one occasion, raise the rate to the current 3-year CD rate
*Subject to penalty for early withdrawal.
For a complete overview of our Certificate of Deposit rates, click here. To view our Terms and Conditions for Certificates of Deposit, click here.