With a Traditional Certificate of Deposit (CD) from GSSB, a fixed amount of money is deposited, for a specified time period and thus you earn a specific rate of interest accordingly. The longer the Term - the Better Interest Rate you will receive. When the maturity date arises, you can either cash out the CD or you can choose to renew your Certificate of Deposit for a period of 91 days up to a full 6 years.

Certificate of Deposit (CD)

• Pays a competitive interest rate
• Time deposit available from 91 days to 6 years
• $1000 minimum deposit to open 
• Interest rate is locked in for term 
• Interest credited monthly to your checking account upon request 
• Early withdrawal penalty applies 
• Free Telephone Banking

Call today to get started with Your Certificate of Deposit, a great way to handle Long Term Savings!

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAS"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit, www.fdic.gov