Certificate of Deposit
At IBCM, we offer Certificate of Deposit (Fixed Deposit) and give you an amount of interest for a specified period of time and return your money on the specified date. These certificates are federally insured and issued by banks and savings-and-loans institutions. Compared to regular savings accounts, CDs offer a higher yield to compensate for the loss of liquidity. They also represent a low-risk investment opportunity because the account holder needs little understanding of investment markets and they’re insured up to $250,000.
- Steady and predictable
- Broad Selection
- Low Market risk
- High Interest rate up to 10%
While banks assess penalties on CD customers who withdraw from their principal deposit before the date of maturity, some banks allow the CD owner to withdraw from the interest accrued during the CD’s term, although this would reduce earnings.
What customers say about us
We have gotten some positive reviews in the past. Here are some of them.
I have found this bank to be outstanding in all ways, since I moved personal and business accounts there a years ago. They have the best rates and best customer service of all the other banks. It's like dealing with a small personal bank with big bank capability. Their money market rates are excellent and safe.
John Eden
Customer
Compare us with others
We have proven to be the best so far. Compare us with other Banking facilities and see the clear winner.
| Service | IBCM | Other Banks 1 | Other Banks 2 |
|---|---|---|---|
| Overdraft up to $200 | |||
| 5 Tier Support System | |||
| Low Opening Balance | |||
| Smart Notification | |||
| Small Business Support | |||
| Large Business Support | |||
| One Touch UI |