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Certificates of Deposit

Certificates of Deposit (CDs) are great tools for investing your cash. By depositing your funds at the bank for a predetermined time, you are able to establish a set rate of interest. With a variety of terms and rates, you have the flexibility to choose the CD that's right for you.

  • Terms from 91 days to 5 years*
  • Step Ahead Certificate lets you change the rate when rates go up**

* Substantial penalty for early withdrawal
** One rate increase allowed during the term of this certificate


CDARS is the Certificate of Deposit Account Registry Service that provides full FDIC insurance on deposits larger than $250,000, the maximum amount allowed by law. There's no need to disburse your money among different financial institutions with Frazer Bank's CDARS.

Learn more about CDARS