Finally, A Rate Hike You Can Smile About

APY = Annual Percentage Yield. APYs are accurate as of 3/27/2024. Offer is open to existing or new customers. 10-month CD, 2 tiers: (1) $10,000 minimum at an interest rate of 4.89% and 5.00% APY, and (2) $100,000 minimum at an interest rate of 5.13% and 5.25% APY. Minimum balances to earn APY must be new money. New money is defined as funds not on deposit with C&N at the time of account opening. Existing customers may add existing C&N liquid funds (no waived penalties on existing time deposits) to the new accounts but must bring in a minimum of $10,000 or $100,000 of new money to qualify. CD automatically renews to a 12-month term CD upon maturity at the interest rate and APY of the 12-month term at that time. No additional deposits, withdrawals of principal, or withdrawals of uncredited interest are allowed. Withdrawals outside of the ten-day grace period at maturity will result in the account being closed and forfeiture of 90 days' interest. Offer not available to Municipal accounts. Offer may be withdrawn at any time.