CDs
A Royal Bank Certificate of Deposit (CD) is a federally insured product for investing money in an account that offers fixed rate or variable term options. CDs tend to offer higher interest rates than traditional savings accounts.
Contact your local branch today for current interest rates and specials.
Certificate of Deposit
- Minimum Deposit: $500
- Terms: 91 days, 182 days & one, two, three and four-years
- Features: May pay higher interest rates than other savings accounts
- Interest Earned: Interest earned is determined by the interest rate and term of the deposit
- Interest Rate: Rates vary; contact your local Royal Bank office for details
An early withdrawal penalty applies.
Opportunity Certificate of Deposit
- Minimum Deposit: $500
- Terms: Three-year
- Features: Increase rate once during the term of the CD
- Interest Earned: Interest earned is determined by the interest rate and term of the deposit based on the daily balance method
- Interest Rate: Rates vary; contact your local Royal Bank office for details
An early withdrawal penalty applies.
MED (Medical, Educational, Disaster) Certificate of Deposit
- Minimum Deposit: $1,000
- Terms: One year, three year
- Features: Funds may be withdrawn without penalty for medical, educational and disaster purposes
- Interest Earned: Interest earned is determined by the interest rate and term of the deposit
- Interest Rate: Rates vary; contact your local Royal Bank office for details
An early withdrawal penalty applies.