Metairie Bank offers a variety of CDs (Certificates of Deposit) to help maximize your earning potential.
CDs are an excellent investment option if you are able to set aside funds for a specific period of time.
Certificate of Deposit Details
- $1,000 minimum deposit to open account
- Maturity terms available from 3 months to 5 years
- Fixed interest rate on daily balance until maturity
- You choose how you want to receive your interest payments: interest may accumulate in the CD or we will automatically deposit into your Metairie Bank checking, savings, or money market account monthly, quarterly, semi-annually or annually.
- Additional deposits are not allowed until maturity. Check writing is not permissible.
- Maturity notices are mailed prior to maturity date.
- Early withdrawal penalties apply
- Other fees may apply.