A Certificate of Deposit Account or CD at Baytree is designed to give you a higher rate of return in exchange for a time commitment (term) on your deposit.

Your banker can help you decide which term is best for you in accordance with your needs.

Certificate of Deposit Accounts will automatically renew at maturity, unless you have requested otherwise. If you have told us to not renew your CD, it will not earn interest after maturity. There is a 10 day grace period during which time you may withdrawal all or part of the CD balance before renewal.

Early Withdrawal Policy
When you make a deposit to a CD Account, you are agreeing to keep the funds on deposit until the stated maturity. We reserve the right to permit withdrawals of principal only upon maturity. If we permit you to make an early withdrawal of principal, you may be required to pay an early withdrawal penalty, regardless of the length of time the funds withdrawn have remained in the account. The early withdrawal penalty applicable to your CD Account is 1-month interest penalty for a termination with less than 6 months to maturity and 3 months interest penalty for a termination with more than 6 months until maturity. The interest penalty is calculated on the rate of interest the certificate is currently earning.

• Please click here for current rates.
• Click here to get started with the paperwork for opening your account.