TowneBank will be closed on Monday, January 20, in observance of Martin Luther King, Jr. Day. We look forward to serving you when we re-open on Tuesday, January 21.
View our Holiday Schedule for more closing information.
It's the perfect time to invest in a Towne CD or IRA for your business! A CD is a great investment option if you have funds to invest for a longer term and can help to diversify your portfolio.
Complete our contact form to have a Business Banker reach out to you directly. Or, find an office near you to set up an appointment to learn more about options for businesses.
Available for NEW funds to TowneBank! Take advantage of our 10-month CD/IRA special with a minimum deposit of $1,000. Rates are available for both personal and business accounts.
Take advantage of the rates below with a minimum deposit of $1,000. The rates below are available for both personal and business accounts and are available for a limited time.
|5-month CD/IRA||1.51% APY*|
| 19-month CD/IRA+
The Premium Access Money Market account is available for NEW funds not currently on deposit with TowneBank with a minimum deposit of $25,000.
* Stated Annual Percentage Yield (APY) as of 11/07/19. Minimum deposit of $1,000 required to open and earn the stated APY.
Early withdrawal penalties apply.
+ On the 10-month and 19-month No-Penalty options, regulations require that funds remain on deposit a minimum of six days to avoid early withdrawal penalties.
++ The 1.48% APY applies to all balances during the offer period: 1.48% APY for balances of $.01-$999,999.99; and 1.48% APY for balances of $1,000,000.00- $2,999,999.99; and 1.48% APY for balances of $3,000,000.00 and greater. This is a variable rate money market account, and the APY may change by tier based on market conditions and at the banks discretion at any time. Stated Annual Percentage Yields (APYs) as of 11/07/19. If the daily balance falls below $25,000, a monthly maintenance fee of $50 will apply. Fees may reduce earnings.
Limited-time offer. Subject to change without notice.