Certificates of Deposit

If you're interested in a safe investment with an attractive interest rate and flexible terms, a Chemical Bank Certificate of Deposit (CD) may be the ideal investment vehicle for you.


A great way to save while earning a higher interest rate.

  • Investment terms from 3 to 60 months

  • “Raise Your Rate” CD

  • “Add-On” CD

  • Low minimum investment amount and competitive interest rates

  • Fixed and variable rate options

  • Single maturity and automatic renewal certificates

  • Interest payment options -- monthly, quarterly, or at maturity

  • Statement Options to meet your needs

Frequently Asked Questions

If you want the opportunity to add to your initial investment in your CD, then our 12-Month "Add-On" CD is for you! You can make additional deposits to your initial investment of at least $100 anytime you wish.

Our Raise-Your-Rate CD will give you a longer term investment and the opportunity to "raise" the rate of your CD if rates go up. With a phone call you can increase your interest rate up to 1% once during the term of your investment if rates have increased. This CD offers investments of 36, 48, and 60 months.

Penalties for early withdraws which could result in the loss of principal:

  • 3 to 12 month - loss of 3 months interest
  • 13 to 35 months – loss of 6 months interest
  • 36 to 60 months – loss of 12 months interest
  • Exception: Death of account holder

Call or stop by any of our locations and ask us about these great investment options!

There will be a penalty for early withdraw from a Certificate of Deposit. Except in these instances, there are no other fees or service charges.