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CDs

Certificates of Deposit

At Jarrettsville Federal, we have a wide range of CDs to suit your needs. Long term or short term, we offer competitive rates, so you will always find a savings opportunity at Jarrettsville Federal.

  • Interest rate will vary, depending on the term of the account.
  • Interest is compounded daily and may be paid monthly, or semi-annually.
  • Your account will automatically renew unless otherwise specified.
  • There is a seven day grace period for certificates.
  • CDs are subject to a penalty for early withdrawal.
    • terms equal to or less than 12 months = 3 months interest
    • terms greater than 13 months = 6 months interest

For more information about our CD/IRA accounts, contact us at 410-692-5151 or toll free at 1-800-429-6616.

Additional Account Information 

  • Jarrettsville Federal reserves the right to refuse any deposit or request for any account.
  • Interest is compounded daily, posted monthly.
  • Interest begins to accrue on day of deposit.
  • Accounts available for Maryland and Pennsylvania residents only; all others are on a “case-by-case basis.” All applicants must physically come to our location to open any account.
  • In accordance with the USA PATRIOT  Act, Jarrettsville Federal is required to obtain, verify and record information that identifies each person who opens an account.