CNB Bank CD Rates
Our job here at Best CD Rates Today is to find you the latest and best CD rates we can. Today, we’re looking at CNB Bank.
CNB Bank might not be a major financial institution but it has found its niche and developed a strong business. CMB Bank CD rates are dependent on national economic atmosphere, federal regulatory actions and company financial indicators.
CD accounts at CNB are available for both normal investors as well as senior/retired citizens. Minimum deposit required for opening CD accounts is $500. E-Z Access CD is the trademark of CNB Bank and is available for a term of one month to seven years.
CNB CD account for the 12 month E-Z Access CD offers the “add on” features. Under this option, customers can add $100 or more to their account at any time to boost their final profits. They can also withdraw their investments within seven days of deposit without incurring any losses in penalties and other charges. Add-on feature requires a minimum deposit of $1,000.
The company also offers Variable E-Z Access CD besides the add-on feature. The CD has a term of 36 months and offers greater variability in deposit and withdrawals. CNB Bank requires a minimum deposit of $2,500 for this CD.
IRA accounts at CNB Bank can be opened with a basic investment of $100 though IRA CDs require a minimum deposit of $2,000 with $5,000 in maximum annual contribution. Terms are available for one year to seven years. These accounts also offer $1,000 in catch up contributions for IRA holders that are above 50 years of age. The company offers traditional and IRA CD options over its website and maintains a fully online interface of investments.
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