Certificates of Deposits offer a way to earn higher interest rates on funds that may not be needed for a period of time. Members may "lock-in" an interest rate anywhere from 7 days to 5 years. Rates vary, and may be obtained by calling a TowneBank Hometown Banker.

A special 12-month Add-On Certificate of Deposit is available, which may be opened with only $100. Additional deposits may be made of $50 or greater. It's a great way to save, and it's easy to set up an automatic transfer from your TowneBank account to your TowneBank CD. The minimum opening balance for other standard Certificates is $1,000; Jumbo CDs are also available for $100,000 or more. There are penalties for early withdrawals.