Today's Featured Rates - November 12, 2018

Rates are subject to change without notice. 


Choice Bank offers certificates of deposit to institutional depositors at the following rates and terms:

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TermMinimum to OpenMaximum to OpenInterest RateAPY
24 Months$99,000.00$250,000.002.85%

2.85%

36 Months$99,000.00$250,000.003.00%3.00%
48 Months$99,000.00$250,000.003.10%3.10%
60 Months$99,000.00$250,000.003.25%3.25%
72 Months$99,000.00$250,000.003.25%3.25%
84 Months$99,000.00$250,000.003.25%3.25%





















TermEarly Withdrawal Penalty


 12 Month
Loss of 6 months Interest



 24 Month
Loss of 12 months Interest


 36 Month
Loss of 24 months Interest



48 Month & greater
Loss of 36 months Interest



CD Request Form

Contact Information:

John Glynn
Executive Vice President & Chief Financial Officer
john.glynn@choice.bank
920-267-8016


Disclosures, Terms and Restrictions:
  • Institutional deposits are only offered and available to a financial institution, such as a bank or credit union. Institutional deposits are not available or offered to deposit brokers. Individuals and other business entities should contact Choice Bank for available rates.
  • The minimum balance to open an account is $99,000. The maximum balance for any one term is $250,000.
  • Interest is credited and paid monthly via ACH directly to a checking or savings account. Interest cannot be credited to a General Ledger account. Interest cannot remain on deposit. If receiver is unable to accept interest via ACH, then interest will be credited and paid quarterly via a check. 
  • There is a penalty for early withdrawal. The penalty for early withdrawal is calculated on the term of the certificate of deposit as follows:
  • 12 Month Term Institutional Deposit Early Withdrawal Penalty is Loss of 6 Months Interest
  • 24 Month Term Institutional Deposit Early Withdrawal Penalty is Loss of 12 Months Interest
  • 36 Month Term Institutional Deposit Early Withdrawal Penalty is Loss of 24 Months Interest
  • 48 Month and Greater Term Institutional Deposit Early Withdrawal Penalty is Loss of 36 Months Interest 
  • Institutional deposits are subject to acceptance by Choice Bank's Chief Financial Officer. There is no guarantee of acceptance.