Certificate of Deposits (CD)

A Fixed Rate ("Multiple Maturity") CD offers a fixed rate with FDIC security up to the maximum permitted by law. Fixed Rate CDs are a wise savings choice for individuals seeking higher returns without risk to principal.

Fixed Rate CDs are available in a variety of terms ranging from 7-days to 10-years, providing the greatest flexibility for meeting your short- and long-term needs.

A Multiple Maturity Fixed Rate CD provides the convenience of automatic renewal at maturity at the rate and term in effect at that time, unless you instruct otherwise.

Benefits

• FDIC insured to the maximum permitted by law
• Fixed rate
• Wide variety of terms available to meet your needs
• Automatic renewal

Requirements

A Ready Access CD offers a fixed rate, FDIC security, plus the flexibility of access to your funds any time after the first seven calendar days. Standard Ready Access terms are 3- and 12-months. Promotional offers are available from time-to-time in different terms.

At maturity, a Ready Access CD will renew automatically as another Ready Access CD with the rate in effect at that time, so your funds continue to earn a competitive rate in this convenient and flexible account.

Benefits

• FDIC insured to the maximum permitted by law
• Fixed Rate
• Full liquidity after 7 calendar days
• Automatic Renewal

Requirements

Callable CDs are available in terms of 36-months and 60-months. Callable CDs offer above-market rates, and are eligible to be "called" by the Bank at any time after the first twelve months for a 36 month Callable CD and after the first 24 months for the 60 month Callable CD . If the CD is called, PNC Bank will send a call notice shortly before the actual call date. The funds in the CD can be accessed without penalty for a ten-day period following the call, or be allowed to remain in the certificate which will then renew as a 12-month CD at the rate currently in effect for the Fixed Rate 12 month CD.

Funds are not available without penalty until the CD matures. On maturity the CD will renew as a 12-month Fixed Rate CD.

Benefits

• FDIC insured to the maximum permitted by law
• Above-market Rates
• CD eligible to be called by Bank after 12 months

Requirements

The Variable Rate CD has an 18-month term with a rate that is tied to the 3-month Treasury Bill. This CD offers peace-of-mind in a rising rate environment, allowing the rate to climb as Treasury Bill rates climb.

Funds are not available without penalty until maturity for this CD. When the CD matures it will renew again as an 18-month Variable Rate CD, offering peace-of-mind and convenience.

Benefits

• FDIC insured to the maximum permitted by law
• Rate is tied to 3-month T-Bill, changes quarterly

Requirements

The Stepped Rate CD is a 36-month certificate of deposit with an interest rate that increases every six months during its term. The rate for each six-month period is disclosed when the account is opened. At the end of each period, there is a ten-day window where the funds may be accessed without penalty. This CD combines the benefits of a rate that increases over time with liquidity every six months.

Benefits

• FDIC insured to the maximum permitted by law

Requirements