Investment Products

LOCAL. CERTIFICATES OF DEPOSIT (CDs)

CDs provide you with a guaranteed return on your investment and varying terms to meet your financial needs.*

  • $1,000 minimum investment
  • 7-day to 60-month terms
  • Interest rate guaranteed for entire term
  • Interest paid into CD, transferred to another CSB account, or by monthly check
  • Automatic renewal at maturity

LOCAL. INDIVIDUAL RETIREMENT ACCOUNT (IRA)

Earn high interest rates and defer the payment of taxes on earnings until they are withdrawn with our Traditional, Roth or Education Individual Retirement Accounts.*

  • $1,000 minimum investment
  • 12-month to 60-month terms
  • Interest rate guaranteed for entire term
  • Interest paid into CD, transferred to another CSB account or by monthly check**
  • Automatic renewal at maturity

CSB STEP-UP CERTIFICATES OF DEPOSIT

CDs provide you with a guaranteed return on your investment, varying terms to meet your financial needs and the opportunity to move up to a higher interest level.*

  • $1,000 minimum investment
  • 24-36 month term
  • Interest paid into CD, transferred to another CSB account, or by monthly check
  • Opportunities to step up rate during term

Additional funds may not be added to CD. Term cannot be changed. Limited offerings throughout the year. 

Penalties for early withdrawal of CDs are as follows:
    
  Terms greater than seven days or less than or equal to 90 days:
      The fee we may impose will equal the total accrued interest.

      Terms greater than 90 days or less than or equal to 180 days:    
      The fee we may impose will equal 90 days interest on the 
      amount withdrawn subject to penalty.

      Terms greater than 180 days or less than or equal to two years:    
      The fee we may impose will equal 180 days interest on the 
      amount withdrawn subject to penalty.

      Terms greater than two years:    
      The fee we may impose will equal 12 months interest on the 
      amount withdrawn subject to penalty.

** Interest will be credited to your account at maturity for terms less than or equal to one year or annually for terms greater than one year.  

 

LOCAL. MONEY MARKET

This flexible account provides you with easy access to your finances while maximizing the return on your money.

  • $2,500 minimum to open
  • No monthly maintenance fee with $2,500 minimum daily balance; $10/month if you fall below the minimum
  • Competitive Interest Rates
  • Monthly Statement
  • Free CSTelebanc®
  • Free CSOnLine®
  • Limited Transactions (Federal regulations limit the total number of transfers, withdrawals, checks, debit card transactions or similar orders payable to third parties to six (6) per month.
 

LOCAL. ADVANTAGE MONEY MARKET

Earn competitive rates in this jumbo money market. Maximize the return on balances of $100,000 or more.

  • $100,000 minimum to open
  • No monthly maintenance fee with $100,000 minimum daily balance. $10/month if you fall below the minimum.
  • Competitive interest rates (Rate reduces if balance falls below $100,000.)
  • Monthly statement
  • Free CSTeleBanc
  • Free CSOnLine
  • FreeMoneyMarket checks
  • Limited transactions (Federal regulations limit the total number of transfers, withdrawals, checks, debit card transactions or similar orders payable to third parties to six (6) per month.)