Black Hills Community Bank offers two Certificate of Deposit options to meet your needs. 
Your CD will be protected by the Federal Deposit Insurance Corporation (FDIC), providing added security and peace of mind.
Certificate of Deposit
Fixed Rate CD’s*
- $500 minimum deposit to open
- Terms from 3 months to 5 years
*A penalty may be imposed for early withdrawal
Flexible CDs**
- $5,000 minimum deposit to open
- $2,500 minimum balance
- Terms from 10 months to 55 months
**If rates go up, you can choose to increase the interest rate once during the term of the Flexible CD. You may withdraw up to half of the balance without penalty once during the term of the Flexible CD after 7 days from initial deposit. A penalty may be imposed for early withdrawal.
What is a CD?
A Certificate of Deposit (CD) is a time deposit account offered by banks. With a CD, you agree to deposit a certain amount of money for a specified period, known as the term or maturity period. In return, the bank pays you a fixed interest rate that is typically higher than regular savings accounts.
Why Black Hills Community Bank?
Personalized Service: Enjoy the personalized attention and support of a local bank that values your individual needs and goals.
Community Commitment: We’re deeply committed to giving back to the communities we serve through various initiatives and partnerships.
Banking Expertise: We have a team of local bankers to help you with your banking needs.