Personal Banking:

Personal Certificates of Deposit Account Comparison Chart

CD Term	Minimum Opening Deposit	Interest Compounding	Interest Payment Options	Early Withdrawal Penalty
Under 1 Year	$2,500	Credited at Maturity	At Maturity (Monthly available for CD's of $5,000 or more)	3 Month Interest
1-5 Years	$500	Quarterly	Quarterly (Monthly available for CD's of $5,000 or more)	6 Months Interest
Stepping Stone	$2,500	Quarterly	Quarterly (Monthly available for CD's of $5,000 or more)	6 Months Interest
No Penalty	$5000	Quarterly	Monthly or Quarterly	No Penalty after 7 days

Personal Certificates of Deposit

Take advantage of our low opening deposit requirements and the guaranteed rate of return for the term of your CD. Learn about our Certificates of Deposit below. If you don't see what you're looking for on this list, or if you have additional questions, just give us a call at 540-591-5000 or stop by one of our convenient locations. Our smiling employees will be glad to assist you over the phone or in person.

See today's CD Special Offers

Under One (1) Year CD

Minimum opening deposit $2,500.
Guaranteed interest rate for the term of the CD.
Interest is compounded and paid at maturity.
Monthly interest payments are available for CD's of $5,000 or more.
Penalty for early withdrawal is three (3) months interest.
Check today's CD Rates

One (1) to Five (5) Year CD

You can choose maturity terms from 1-5 years.
Minimum opening deposit $500.
Guaranteed interest rate for the term of the CD.
Interest is compounded and paid quarterly.
Monthly interest payments are available for CD's of $5,000 or more.
Penalty for early withdrawal is 6 Months Interest.
Check today's CD Rates

Stepping Stone CD

If you want to lock an interest rate today with the option to take advantage of higher rates down the road, the Stepping Stone CD is perfect.

Three (3) year maturity.
Minimum opening deposit $2,500.
Guaranteed rate for three years. If rates go up at any time, you can exercise your option to take a onetime rate increase up to 1% for the remainder of your term.
Interest is compounded and paid quarterly.
Monthly interest payments are available for CD's of $5,000 or more.
Penalty for early withdrawal is Six (6) Months Interest.
Check today's CD Rates

No Penalty CD

With a No Penalty CD you have a guaranteed interest rate and access to your funds when you need it.

Minimum opening deposit $5000.
Guaranteed interest rate for one (1) year.
Interest is compounded quarterly.
Monthly or quarterly interest payments are available.
One (1) withdrawal is permitted after seven (7) days.
Check today's CD Rates

CDARS^®

The current standard FDIC insurance maximum is $250,000. Traditionally, if you had more than that, your excess funds were probably uninsured.Until now! We’re proud to offer CDARS, the Certificate of Deposit Account Registry Service®. With CDARS, you can access FDIC insurance on your CD deposits, up to $50 million*! Best of all, once you’re enrolled, there’s no cumbersome paperwork ... we take care of it all and send you a comprehensive monthly statement. Simple and safe ... the perfect savings plan.

Click to learn more or ask one of our friendly, knowledgeable associates about CDARS ... today!

Classic 55 Premium CD Rates

Classic 55 customers automatically earn 5 basis points higher than the stated interest rate on CDs.

Renewing Term

Certificates of Deposit are automatically renewable at the current rate at maturity.

Maturity Notice

Notices are mailed ten days prior to maturity.

Reinvestment Options

Interest compounded
Interest check
Direct deposit to deposit account

Your earnings are guaranteed with our Certificates of Deposit and all deposits in Bank of Botetourt are insured to the regulatory maximum set by the FDIC.

Disclosures
Current Rates
Download our Certificates of Deposit Brochure
Apply to open a Certificate of Deposit