An excellent personal or business investment, The Community Bank's Portfolio Fund has a variable rate of interest based on the performance of a collection of mortgages held by the Bank. There are no monthly service fees. If your choice of a savings vehicle is up in the air, we can help you choose the one that suits your needs. The Community Bank offers monthly statements and unlimited in-house transactions to Money Market customers. The Community Bank CD's earn interest at a fixed rate that is guaranteed until maturity.
Interest is paid from the day of deposit to the day of withdrawal.
The certificates do not renew automatically, except for IRA's, and, although there is a penalty for early withdrawal, there is no penalty for withdrawing interest at any time.