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Certificate of Deposit: Fixed Savings with Fixed Results

Few things in life are certain. However, a certificate of deposit (CD) offers you a sure return on your investment. Choose the term that’s best for you, lock in your CD rates and sit back, relax and watch as your cash grows. It’s the risk-free way to save and requires just a $500 minimum deposit to get started.

This is your chance to save for a long-term purpose. Whether it is for your kids’ college education or a long awaited trip abroad, CD investments will help make your dreams come true.

Fixed Term

In this case, time matters. The term length of your CD investment will affect CD rates but more importantly, a fixed term means you will have restricted access to your money. Here at Community Bank of Raymore we have a wide range of terms available. From shorter periods of 30 days to longer high interest cd time frames, such as 4 years, our CD maturity date options allow you to choose a fixed term that works within your financial situation.

Fixed Rates

Term lengths and CD interest rates go hand-in-hand. The best cd rates are applied to longer-term lengths. However, fixed rates offer benefits that span farther than the length of your CD account. Fixed rates will not fluctuate with market changes and will remain consistent if banking rates change due to financial shifts. With an interest rate guarantee, it’s easy to plan for the future.

Low Risk Savings Investment

With fixed interest rates, FDIC backing up to $250,000 and no set up or maintenance fees, a certificate of deposit lends itself to being a low risk investment. It provides assurance that at the end of the maturity date, you will have earned what you planned. So go ahead and plan for your future saving goals with confidence and a guarantee that is more concrete than that of other risky investments.

  • Fixed rates
  • Learn how much you can earn — view our deposit rates
  • See how soon you'll reach your goal with our CD Calculator
  • Provides more guarantee than other risky investments
  • Set aside for future savings goals
  • A wide range of terms available (from 30 days to 4 years)
  • No setup or maintenance fees
  • Early withdrawals subject to penalty*
  • FDIC insured up to $250,000
  • $500 minimum deposit to open

Investing a certificate of deposit and/or multiple CD accounts is an excellent way to move forward with sound financial planning. Bulk up your investment portfolio with a term that works for you and start earning a fixed interest rate today.

The best part of a CD is having a fixed rate that won't fluctuate with market changes. But what if the market changes in your favor? Our Rate Watcher CD is designed for savers who carry a high balance and desire rate flexibility in the event that rates increase during a term.

  • Allows you one rate increase during the CD term, should our Rate Watcher rates go up during the same term
  • View our current rates
  • Terms are 15 and 27 months
  • Early withdrawals subject to penalty*
  • $5,000 minimum deposit to open

*Penalty for early withdrawal is 3% of withdrawal amount or $100, whichever is greater.