Have some extra funds sitting around? Put them to good use with a CD—you’ll get a fixed rate and a guaranteed return. Choose from a variety of terms to suit your needs and goals.
Key Features
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Competitive Interest
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No Monthly Fees
How does a CD work?
A Certificate of Deposit is a type of personal savings account. However, CDs require more commitment than a basic savings account. With a CD, you agree to a certain term length in advance. If you withdraw money before the end of your term, you may have to pay a penalty fee. In exchange for your commitment, you can earn a higher interest rate.
Open A CD Account
West Shore Bank has been Making a Difference Since 1898, committed to helping the people and businesses in Michigan improve their financial well-being. Visit one of our nine locations in Ludington, Frankfort, Hart, Manistee, Onekama, Scottville, or Traverse City.
Apply now to open a CD account!
CD Specials
| Term | Minimum Balance* to Obtain APY | Interest Rate | APY |
|---|---|---|---|
| 9 Months | $5,000 | 5.00% | 5.09% |
| 9 Months (checking account customers)* | $5,000 | 5.20% | 5.30% |
| 12 Month | $5,000 | 4.90% | 4.99% |
| 12 Month (checking account customers)* | $5,000 | 5.05% | 5.15% |
| 18 Months | $5,000 | 4.70% | 4.78% |
| 18 Months (checking account customers)* | $5,000 | 4.85% | 4.94% |
* Requires a West Shore Bank Checking Account