Ag/Business Savings & CDs

Earn interest on your account balance while maintaining complete access to your funds. Take advantage of our direct deposit feature and make saving a part of doing business.

Business Savings

Begin saving for your business today with a Business Savings account.

• Low $250 minimum balance required to waive service charge

  • $5 service charge per month if balance falls below $250

• Free ATM card

• 4 free withdrawals per month

  • $3 charge per withdrawal in excess

• Can be used as overdraft protection for an Central Penn Bank checking account

• Direct deposit available

• Online banking

• Interest compounded quarterly

For complete details on our business savings account, contact us or visit one of our office locations to speak with a bank representative.

Certificates of Deposit

Certificates of Deposit offer a stable, FDIC-insured way to save your money. We offer a variety of flexible terms with higher-than-average interest rates when compared to a traditional savings account. Terms range from 6 to 60 months.

Fixed-Rate Certificate of Deposit

You can earn a higher fixed rate of interest by committing to a specified period of time, usually between 6 and 60 months. You will have the option to compound the interest, transfer to a deposit account or receive the interest in the form of a check. Interest rates are tiered to account balance. Fixed-Rate CDs are automatically renewable and there is an early withdrawal penalty.

Variable Rate Certificate of Deposit

Variable Rate CDs are a savings account with higher interest rates and the flexibility of accessing funds periodically. Interest rates vary quarterly based on market conditions, and interest will compound quarterly. You receive one free withdrawal per calendar quarter, and you can make additional deposits to your CD. You will have the option to compound the interest, transfer to a deposit account or receive the interest in the form of a check. Variable Rate CDs are automatically renewable.

Jumbo Certificate of Deposit

With a Jumbo CD, a $100,000 minimum deposit is required. You will have the option to compound the interest, transfer interest to a deposit account or receive the interest in the form of a check. Jumbo CDs are automatically renewable and there is an early withdrawal penalty. For a quote on a premium fixed rate for our Jumbo CDs, contact us at 888-966-6282.