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Posted By admin On October 19, 2010 @ 7:04 pm In | No Comments
A CD is an insured investment product with higher yields than a savings account. CD Terms can range from 7 days to 6 years. Rates are determined by term. They are best suited for businesses that want to invest funds in a safe and insured account while still getting a guaranteed return on that investment.
Interest can be compounded or withdrawn. A $1,000 minimum balance required for all terms.
Early withdrawal penalties apply. Penalty varies according to term of CD:
Contact one of our Customer Service Representatives  for more information about applicable fees and terms.
Article printed from State Bank and Trust Company: http://www.sbtcajun.com
URL to article: http://www.sbtcajun.com/business-banking/business-investments/
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 Click here for current rate information.: http://www.sbtcajun.com?page_id=86
 Contact one of our Customer Service Representatives: http://www.sbtcajun.com/about-us/our-locations/
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