Opportunity CD
An Opportunity CD is a specific type of Certificate of Deposit (CD) that lets you convert or "fish" for a higher interest rate one time during your account term if rates go up.
How an Opportunity CD Works:
One-Time Rate Increase: You can request to switch your current interest rate to a higher rate offered by Town & Country Bank if market rates increase after you open the account.
One-Time Rate Increase: You can request to switch your current interest rate to a higher rate offered by Town & Country Bank if market rates increase after you open the account.
Same Maturity Date:
Your original maturity date and term length stay exactly the same.
Protected Principal:
Your initial deposit remains safe and secure while giving you a chance to earn more if rates rise.
Secure your rate today. Upgrade to a better rate tomorrow.
To learn more, contact Town & County Bank.
* You get one opportunity to increase rate to another advertised special of equal or shorter term than the term remaining on your CD. Penalty may be imposed for early withdrawal. Minimum balance required to obtain the stated Annual Percentage Yield. Opportunity CD allows for one interest rate increase during the initial term. If you choose to exercise the rate increase opportunity, the new interest rate for the remaining initial term will be determined as follows: Your new rate will be equal to the interest rate of an advertised CD special of equal or shorter duration than the remaining duration of this Opportunity CD. The availability of the rate increase opportunity neither implies nor guarantees that our interest rates will increase during the term of any Opportunity CD.