CNB Bank Logo

CDs & IRAs

April 19, 2014

Click on the account names for more detailed information.

Account Type Minimum Opening Deposit Interest Payments Additional Deposit Minimum Interest Penalty For Early Withdrawal Grace Period
7-30 Days $1,000.00 Compounded at Maturity N/A Total Interest Earned 2 Days
91 Days $1,000.00 Compounded at Maturity N/A 30 Days 10 Days
182 Days $1,000.00 Compounded at Maturity N/A 30 Days 10 Days
12 Months* $500.00 Compounded Semi-Annually N/A 30 Days 10 Days
18 Months* $500.00 Compounded Semi-Annually N/A 90 Days 10 Days
30 Months* $500.00 Compounded Semi-Annually N/A 90 Days 10 Days
36 Months Ultimate* $1,000.00 Compounded Semi-Annually $500.00 90 Days 10 Days

36 Month Ultimate*

  • Additional minimum deposits of $500 can be made to the 36 Month Ultimate CD.
  • Deposits made must remain in the CD for six days to avoid a seven day simple interest penalty that will be imposed on the amount withdrawn.
  • The CD can be fully or partially redeemed without an interest penalty on the annual anniversary date.
48 Months Double Opportunity* $1,000.00 Compounded Semi-Annually N/A 90 Days 10 Days

48 Month Double Opportunity CD*

The 48 Month Double Opportunity CD gives the owner one opportunity to change the CD interest rate for the remainder of the certificate term.

60 Months* $500.00 Compounded Semi-Annually N/A 90 Days 10 Days
18 Month Variable IRA N/A Compounded Quarterly $1.00 90 Days 10 Days

48 Month Double Opportunity CD*

The 48 Month Double Opportunity CD gives the owner one opportunity to change the CD interest rate for the remainder of the certificate term.

View our Deposit Account Interest Rates

Use our Compound Interest Calculator

*These CD's can be written as IRA's. Traditional, ROTH and SEP retirement plans are offered. Please consult your tax advisor for information on which plan will best suit your needs.

**CD's may have interest paid by compounding, interest check, or deposited to a CNB account.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We will also ask to see your driver's license or other identifying documents.