View Our CD Rates

Certificate of Deposit (COD)

Rates as of January 2, 2019. Rates subject to change.

Daily Balance Computation Method

We use the Daily Balance method to calculate the interest on your account. This method applies a daily periodic rate to the full amount of principal in the account each day.

Accrual of Interest on Noncash Items

Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Transaction Limitations

You may not make any deposits into your account before maturity. You may not make withdrawals of principal from your account before maturity.

Early Withdrawal Penalties

A penalty may be imposed for withdrawals before maturity. If your account has an original maturity of 12 months or less, your account may be charged an early withdrawal penalty in an amount equal to 90 days' interest. If your account has an original maturity of more than 12 months but less than 36 months, your account may be charged an early withdrawal penalty in an amount equal to 210 days' interest. If your account has an original maturity of more than 36 months, your account may be charged an early withdrawal penalty in an amount equal to 270 days' interest. This early withdrawal penalty may invade principal.

Rate Information

The annual percentage yield assumes interest will remain on deposit until maturity. A withdrawal will reduce earnings.

This Web site is for marketing purposes and is not designed as a substitute for full account disclosure of any product described in this Web site. Please contact BOS for more information.