We will be OPEN on Monday, January 20th. All transactions made on the 20th will be processed the following day.
7 Month CD Special
Fixed rate of return guaranteed for the term of the CD
$1,000 minimum opening deposit per CD and up to a maximum of $100,000 collectively per household
- Personal use only
- No additional deposits
- Fixed rate of return guaranteed for the term of CD
- Interest accrued daily and paid according to the terms of the CD
- Automatic renewal
A penalty may be assessed for early withdrawal
Open in branch
Easy Exit CD
Fixed rate of return guaranteed for the term of the CD
$1,000 opening balance requirement
- Personal use only
- No additional deposits
- Fixed rate of return guaranteed for the 12 month term of CD
- Interest accrued daily and paid according to the terms of the CD
- Automatic renewal
Single withdrawal of entire balance allowed without penalty
2
Open in branch
Term CD & IRA Term CD*
Fixed rate of return guaranteed for the term of the CD
$1,000 opening balance requirement
- For personal use only
- No additional deposits
- Variety of available terms up to 60 months
- Interest accrued daily and paid according to the terms of the CD
- Automatic renewal
- *IRA plan product options: Traditional, Roth, SEP, Simple, Coverdell
*A penalty may be assessed for early withdrawal
Open in branch
1$1,000 minimum opening deposit per CD and up to a maximum of $100,000 collectively per household. Interest rates and APYs (Annual Percentage Yield) are effective as of 9/25/19 and may change daily at Macatawa Bank's discretion. A penalty may be imposed for early withdrawal of principal for Certificates of Deposit. Personal use only.
2Single withdrawal of entire balance allowed without penalty after the first 6 days of funding your CD. Easy Exit CDs will be assessed 7 days interest penalty if withdrawn within the first 6 days of opening according to Federal Regulation D.