City National Bank & Trust - Personal Banking

Personal Banking

Certificate of Deposits

At City National Bank & Trust we offer Certificate of Deposits with terms from 30 days to 5 years, so you can pick the account with the term and deposit that best suits your financial situation.

Minimum to Open: $500.00
Terms in days: 30 - 364 days
Terms in months: 12 - 60 months (in increments of 6 months)
Terms in years: up to 5 years
Interest Compounded for Highest Possible Yields
Optional Monthly, Quarterly, Semi-Annual or Annual Interest Payments on Terms of 12 Months or more.

FIXED RATE Non-Compounding Time Periods:	Minimum to Open Account	Minimum daily Balance to Earn interest	Interest Rate	Annual Percentage Yield
30 - 89 days	$500	$500	0.15%	0.15%
90 - 179 days	$500	$500	0.15%	0.15%
180 - 364 days	$500	$500	0.30%	0.30%
12 - 17 months	$500	$500	0.40%	0.40%
18 - 23 months	$500	$500	0.45%	0.45%
24 - 29 months	$500	$500	0.60%	0.60%
30 - 35 months	$500	$500	0.70%	0.70%
36 - 47 months	$500	$500	0.80%	0.80%
48 - 59 months	$500	$500	0.90%	0.90%
60 months and longer	$500	$500	1.30%	1.30%
FIXED RATE Compounding Monthly Time Periods:	Minimum to Open Account	Minimum daily Balance to Earn interest	Interest Rate	Annual Percentage Yield
18 months	$500	$500	0.45%	0.45%
24 months	$500	$500	0.60%	0.60%
36 months	$500	$500	0.80%	0.80%
48 months	$500	$500	0.90%	0.90%
60 months	$500	$500	1.30%	1.31%

General Rules on Interest Bearing Accounts:

Variable Rate Accounts: The interest rate and annual percentage yield may change daily without limitation, at our discretion.

Compounding & Crediting Interest: We compound & credit interest earned on interest bearing checking & savings accounts at the end of each statement cycle.

We compound & credit interest on an IRA annually on the maturity date.

We compound & credit interest on a compounding Certificate of Deposit monthly back into the CD account.

We do not compound interest on a non-compounding Certificate. Interest paid terms are defined at time the Certificate is opened.

Balance for Interest: We use the daily balance method to calculate interest. This method applies a daily periodic rate to the principal in the account each day.

Accrual of Interest on Non-Cash Deposits: Interest begins to accrue no later than the business day you deposit a non-cash item.

The APY assumes the interest paid to the account will not be withdrawn.

A substantial penalty may be assessed on funds withdrawn prior to maturity on all Certificates of Deposits and IRA's.

Interest Rates and Annual Percentage Yields are accurate as of the date shown above.

Request further information from your banker concerning the fees and terms applicable to the advertised account.

For current rate information, please call our Main Bank at 580-355-3580 or your local branch location.