BLC Community Bank offers a wide variety of FDIC insured certificates of deposit (CDs) at interest rates which will satisfy most investors. With a minimum balance of $1,000.00 you can open a Certificate of Deposit at BLC Community Bank. Interest frequency varies according to the term and the amount of your initial
investment. Interest may be received by check, directly deposited
to an account or added to the certificate. Certificates will automatically
renew for the same term at the current posted rate of interest unless
redeemed within 10 days of the maturity date.
*Additional disclosures provided on all BLC
Community Bank accounts at account opening.
for Current Rates
Principal withdrawals taken prior to the maturity
date may incur a substantial penalty on the amount withdrawn.
You have 10 days after the maturity date to withdraw
or deposit funds without penalty.
This penalty does not apply at death.