Enroll Now

Time Certificates of Deposit

  • $500.00 Minimum Balance to Open
  • A fixed rate account where the interest rate and annual percentage yield will not change for the term of the account, unless otherwise stated.
  • A term deposit account where you make a commitment to leave funds on deposit for a set period of time, anywhere from 3 months to 48 months View current rates
  • Interest will normally be compound to the certificate at maturity for terms under 7 months and quarterly for terms of 9 months and up, or you may have the interest deposited into your account if we agree at opening
  • Interest is calculated using the daily balance method which applies a daily periodic rate to the balance in the account each day.
  • Certificates will automatically renew, you will have 10 calendar days after the maturity to withdraw funds without penalty
  • An early withdraw penalty will be imposed if funds are withdrawn before maturity
    • If the original term is one year or less the fee we may impose is equal to 1 month interest
      If the original term is over one year the fee we may impose is equal to 3 months interest

For more information about any of our investment products, please contact a Bank of Bennington customer service representative at (402)238-2245 or stop by one of our locations and we would be happy to assist you.