If you are looking for safety as well as a solid rate of return when you invest, consider a Green Belt Bank & Trust Certificate of Deposit. We offer a wide range of certificates with various terms and interest rates depending on your investment needs.
- Choose maturity from 3 months to 60 months
- Limited additions permitted to 1 year CD
- Interest payable by check or direct deposit, monthly, quarterly, annually
- Insured by FDIC
- “Option-Up” feature on 36, 48, 60 month CD’s
Green Belt Bank & Trust offers an “Option-Up” feature on our 36-month, 48-month and 60-month Certificates of Deposit. This feature allows the consumer to purchase a longer term CD and still have the opportunity to take advantage of interest rates that may rise in the future.
This one-time option allows the CD owner to exchange the interest rate of their CD for a new rate. The new interest rate will be the rate we are offering on a time certificate with a term equal to the remaining term of the original CD. The date on which the “Option-Up” feature is exercised will not alter the original maturity date of the CD and some restrictions may apply.
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