Special CD Offers

  • Minimum deposit $10,000
  • Available to individuals and businesses

Answers to questions you may have:

Is there a minimum balance that must be maintained in order to get the annual percentage yield (APY)?
Yes. You must maintain a minimum balance of $10,000 in the account each day to obtain the disclosed APY.


Will this CD automatically renew? 

No. If you do not renew the account, interest will cease to accrue at maturity.  Because the CD has a single maturity, you will need to close the existing account and re-open a CD at the current rate and term.


Can I made additional deposits to a Certificate of Deposit (CD)?
No. This CD does not allow additional deposits to be made after the initial deposit made at the time the account is opened.


How do I receive my money when my Certificate of Deposit (CD) matures? 
You can withdraw the funds or deposit them into another VantageSouth Bank account and continue to earn interest. 


How is my interest calculated?
We use the daily balance method to calculate the interest on your account.  This method applies a daily periodic rate to the principal in the account each day.


Will I be penalized for an early withdrawal from my Certificate of Deposit (CD) before it reaches maturity?

A penalty may be imposed for withdrawals before maturity. The penalty for the 13-month CD will be the forfeiture of 6 months interest.  The penalty for the 7-month CD will be the forfeiture of 3 months interest.


To open your own CD visit your nearest VantageSouth location.


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