CD's
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
- Additions permitted anytime in amounts of $100 or more
- Additions earn at the rate in effect at time of deposit
- Additions do not extend the maturity date
- $100 minimum opening balance
- Interest compounded quarterly
18-Month Accelerated CD
- Rate adjusts upward every 90 days
- $500 minimum opening balance
- Interest compounded quarterly
- Withdrawals permitted at end of each 90-day interval without penalty
3-Year Bump Rate CD
- Anytime after one year you can, on one occasion, raise rate to current 3-year CD rate
- $500 minimum opening balance
- Interest compounded quarterly
**Subject to penalty for early withdrawal.
CDARS
CDARS is the Certificate of Deposit Account registry Service and it’s the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts larger than $100,000. Click here for more information.
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