If you’re looking for higher interest rates, don’t need immediate access to your savings, and want to formulate a longer-term investment program, our Certificates of Deposit offer a good saving option.
- Minimum deposit for terms under three months is $2,500
- Minimum for terms equal to or greater than three months is $1,000
- Interest rates vary based on the term selected
- There is a penalty for withdrawing funds before the term has expired
For information on our current CD interest rates, as well as other personal savings account and loan rates, please view Today’s Interest Rates, or contact one of our offices to speak with a Chemung Canal representative.
Go to our savings calculator to create examples of how you may grow your savings!