Make your money make more money.


Certificates of Deposit (CDs) are a popular investment option for those looking to earn a fixed rate of return on their money while minimizing risk. Our CDs offer guaranteed yields, flexibility, and the security of FDIC insurance. Know exactly what return you’ll get and when you’ll get it.

CD Term-Limits

Wolf River Community Bank offers various term limits on CDs – from a 6-month CD up to 60-months. Typically, the longer the term, the higher the rate.

Conditions for our term-limit CDs include:

  • $1,000.00 minimum balance required to open.
  • No deposits can be added.
  • Early withdrawals of principal prior to the maturity date will result in substantial penalties and the account will be closed.
  • Interest credited at maturity on CDs less than 12 months.
  • Quarterly compounding on accounts 12 months and over.
  • Fees may reduce earnings.

No Limit CDs

We also have a No Limit CDs program through the Certificate of Deposit Account Registry Service (CDARSSM) where large deposits can be placed by Wolf River Community Bank into smaller denomination CDs at multiple institutions. It is the easiest, most convenient way to enjoy access to full FDIC insurance on large deposits. It’s less hassle with more protection. There’s one bank, one rate, and one statement!

View our Deposit Rates

Certificates of Deposits FAQs

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What is a Certificate of Deposit (CD)?

A Certificate of Deposit is a type of investment that allows you to earn a fixed rate of interest on your money over a specific period of time, known as the term or maturity date. When you purchase a CD, you are essentially lending your money to the bank for the duration of the term. In return, the bank pays you a fixed rate of interest on your investment.

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How is a CD different from a savings account?

CDs and savings accounts are similar in that they are both low-risk investment options that are typically insured by the FDIC. However, CDs offer higher interest rates but have fixed terms and limited liquidity, while savings accounts have no fixed terms and offer more liquidity but typically have lower interest rates.

Ready to open a CD or want to learn more?

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