Certificates of Deposit

Thomas County Federal offers a full range of Certificates, ranging from 91 day certificates to 4 year certificates. Interest on these certificates can be paid monthly, quarterly, semi-annually or annually. The interest can be accrued to the principal. There are penalties for early withdrawals.

Minimum balances must be maintained to obtain the stated Annual Percentage Yield (APY). We will use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day. Interest begins to accrue on the business day you deposit noncash items (for example, checks).

Your Certificate of Deposit account is insured by the Federal Deposit Insurance Corporation