Generations Bank Offered Special CD Rates On Dec. 6
ROGERS, Ark., December 13, 2017 (Newswire.com) - Generations Bank, an Arkansas community bank with nine locations throughout the state, offered special CD rates explicitly on Dec. 6.
The offerings included a 10-month CD special with a 1.10 percent annual percentage yield (APY) and a 13-month CD special with a 1.30 percent APY. APY rates assume interest remain on deposits until maturity. There was a 1000 dollar, new funds minimum to open an account and early withdrawal penalties do apply.
A CD, or certificate of deposit, is a type of savings account, generally with higher rates of returns than basic savings accounts but are less accessible due to early withdrawal fees. CDs are an optimal option for safe, long-term saving.
Generations Bank offers comprehensive banking services, including: personal and commercial checking and savings accounts, loans, mortgages, online banking, mobile banking, online bill pay, business e-banking and more.
Generations Bank wishes all a safe and happy holiday season!
Generations Bank, with locations throughout the state, have served Arkansas families and businesses for more than 110 years. Established in 1907, in the small town of Harrell, Arkansas, named Calhoun County Bank and later known as First Bank. First Bank changed its name to Generations Bank in recognition of our history and heritage in serving the past, present and future generations of customers financial needs.
Generations Bank is a full-service financial institution serving south and northwest Arkansas. The experienced team of bankers are committed to providing convenient and friendly customer service. Generations Bank values their customers and looks forward to continually serving them, just as they have for generations.
For more information, visit: www.mygenerations.bank
Source: Generations Bank