Whether you like your CODs for terms of seven (7) days or five (5) years, we have one that's just right for you. In fact, by starting with a deposit of as little as $2,500 (12 months & over), you can open a COD/Time Deposit account for just about any term you prefer. Or open several with varying maturities to increase your liquidity while you enjoy higher interest rates.

• Open a COD for any term, from seven (7) days to five (5) years.
• Your interest will be compounded daily and credited monthly for terms of six (6) months or longer.
• You will receive your original certificate.
• You will enjoy a ten (10) calendar-day grace period beginning at maturity.
• Your monthly interest can be credited to your checking account, Statement Savings account, added to your COD or sent as a monthly interest check directly to you. The options are yours.

For your convenience, State Bank offers automatic renewal of CODs. A renewal notice is sent a few weeks before the date of maturity, and you have a ten day grace period beyond the maturity date to decide what you want to do with your money. If you want to roll it over for the same term, we will do that automatically at our current interest rate.

To request information on these or any of our consumer products, click here. We also invite you to visit one of our branches and talk to a customer service representative.