CDs
Earn competitively high yields on balances of $500 or more, guaranteed for the term of the CD.
Our Certificates of Deposit (CDs) offer you total investment flexibility. We offer CDs with terms from three months up to sixty months.
CDs are useful when you are:
- Looking for an investment vehicle with a guaranteed rate for a specific period of time
- Shopping for an investment with an attractive rate and don't need immediate access to your money
- Receiving a large sum of money that you'd like to invest for a limited time, such as proceeds from a real estate sale, a tax refund or an inheritance, which you plan to reinvest later
Also, since CD interest rates are locked in, you have a sense of security in knowing exactly what you'll be receiving in interest. This is why many clients set up CDs as an additional source of income.
Interest on your CD is compounded and paid quarterly and can be distributed in the form of a check or deposited to another Middleburg Bank account if desired. There is a penalty for early withdrawal. Certificates will automatically renew at maturity.
Call (703) 777-6327 for current rates.
You can access multi-million dollar FDIC insurance coverage on CDs placed through CDARS®.
CDARS is a registered service mark of Promontory Interfinancial Network, LLC.
