Tiered Investment Portfolio
Account Description
- Package of three CDs with alternate maturity dates
- Allows for the advantage of higher interest rates associated with longer terms while keeping portions of your funds regularly available
- CDs opened with terms of 1,2 and 3 years
- At maturity, 1 and 2 year certificates automatically renew with a 3 year term (allowing part of the funds to mature each year)
- Interest compounds quarterly
- $500.00 minimum to open each CD
Account Features
*List of First Federal of Lakewood DisclosuresFirst Federal of Lakewood will accept deposits from ALL counties within the state of Ohio.