TIME ACCOUNTS

Certificates of Deposit (CD’s)

Earn more for your money with certificates of deposit at Bank of Lexington

Bank of Lexington can help your assets work harder for you by locking in a competitive rate of interest with a certificate of deposit. We offer a variety of products that allows you to choose your term to fit your goals and maximize your return.

  • Minimum deposit of $500
  • Interest is compounded daily and paid in one of the following ways:
    1. Added to the certificate of deposit either at maturity or annually (whichever is shorter)
    2. Mailed to you by check
    3. Paid to another Bank of Lexington deposit account
  • If you withdraw all or part of the principal in a CD before the specified maturity date, significant interest penalties are accessed. This early redemption fee is based on the original terms of deposit.
  • Free Online Banking
  • Free 24 hour automated telephone service – “On Call”
IRA’s

Start saving now for your retirement

It’s never too early to start planning for your retirement. Bank of Lexington can help you save for your future with our competitive rates and the ability to choose your own term.

  • Minimum deposit of $500.
  • Interest is compounded daily
  • If you withdraw all or part of the principal in a CD before the specified maturity date, significant interest penalties are accessed. This early redemption fee is based on the original terms of deposit.
  • Free Online Banking
  • Free 24 hour automated telephone service – “On Call”