Certificates Of Deposit (CD):
A Certificate of Deposit offers a way to earn a secure interest rate on money that you don't need access to right away. Our certificates give you flexibility to pick the length of time and guaranteed rate for a fixed term.
$1000 minimum deposit to open
We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Interest is compounded and credited quarterly
The account will automatically renew at maturity for the same term as the original term.*
Interest Rates and Annual Percentage Yields are current as of December 17, 2025.
Account Product Name
Minimum Opening Deposit
Minimum Balance to Obtain Annual Percentage Yield
Interest Rate
Annual Percentage Yield
182 Day CD & IRA
$1,000.00
$1,000.00
3.70%
3.75%
12 Month CD & IRA
$1,000.00
$1,000.00
3.55%
3.60%
*Each renewal term will be the same as the original term, beginning on the maturity date. The interest rate will be the current rate in effect on the maturity date for CD's with the same term, minimum balance (if any) and other features as the original CD. Unless you give us prior written notice, this account will renew automatically at maturity. $1,000 minimum opening deposit required to open CD; Interest compounded and credited quarterly. APY assumes interest will remain on deposit until maturity. You will have 10 calendar days after the maturity date to withdraw funds without penalty. Early withdrawal fees may apply and may reduce your principal.
Individual Retirement Account (IRA):
Whatever stage of life you may be in, let River Bank help you create the right strategy for your educational or retirement goals.
River Bank Offers Traditional, Roth, SEP, Simple and Coverdell Educational IRA Certificate of Deposit with various terms and rates.
River Bank does not provide tax or legal advice. It is recommended that you seek the advice of your own tax and/or legal professional.
