To lock in a rate, just choose the length of time you want to leave the money in the account to grow. Certificate Accounts provide more stability than a Money Market Account because the time period is locked in and the rate is guaranteed.
Benefits of a Wescom Certificate Account
- Terms available from 3 months to 5 years — you choose the maturity date.
- Monthly dividends can be withdrawn without penalty.
- Requires a $500 minimum deposit to open.
|Institution||3 mo.||12 mo.||36 mo.|
|Bank of America||0.03%||0.05%||0.55%|
Annual Percentage Yields shown were obtained by an independent survey on 2/21/2018.