Certificates of Deposit

Wells Federal Bank offers fixed rate certificates to help meet the individual savings needs of our customers.

Terms vary from 91 days to 4 years. Most Cd's compound interest quarterly and are automatically renewable. Interest is paid on the calendar quarters and at maturity by check or by compounding - only balances greater than $10,000 are paid by check. Customers with balances of $1,000 or more, can have interest transferred monthly to a Wells Federal Checking or Statement Savings Account.

Fixed Rate Certificates
91 Day Certificate
Minimum balance of $500
Interest is paid at maturity


12 Month Certificate
Minimum balance of $1,000
Interest is paid on the calendar quarter and at maturity


18 Month Certificate
Minimum balance of $1,000
Interest is paid on the calendar quarter and at maturity


24 Month Certificate
Minimum balance of $1,000
Interest is paid on the calendar quarter and at maturity


36 Month Certificate
Minimum balance of $1,000
Interest is paid on the calendar quarter and at maturity

48 Month Certificate
Minimum balance of $1,000
Interest is paid each December 31st and at maturity


For current rate, including penalties for early withdrawal and any other charges, contact any Wells Federal Bank office.
 
     

SIDE Stability

SIDE Checking Savings

SIDE Loans