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Regular Time Deposits

If you're seeking a higher yield, invest in a Regular Time Deposit. From 7 days to 5 years, simple interest is compounded and paid either monthly, quarterly, semiannually, or at maturity. Subject to penalty for early withdrawal.

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Summary
  • Minimum Opening Deposit: $500
  • Withdraw earned interest at any time
  • Simple interest calculated daily on ledger balance, paid and compounded monthly, quarterly, semi-annually, or at maturity
  • Early penalty charge if funds withdrawn before maturity
  • Automatically renews

Other Popular Products

  • Regular Savings

    Regular Savings

    Interest is compounded and paid monthly on your collected balances with this liquid account.

    • Service charge waived with $300 balance
    • Minimum opening deposit: $100
    • Transaction limitations apply

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  • Community Business Checking

    Community Business Checking

    This is the ideal account for a business with limited activity. Free online banking and bill pay are available.

    • No monthly service charge
    • Account activity fees may apply
    • 100 deposits and checks free per month

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  • Certificates of Deposit

    Certificates of Deposit

    Coastal Community Bank makes it easy for you to open tax-deferred and regular Certificates of Deposits.

    • Great interest rates
    • Terms range from 7 days to 5 years
    • Expert advisers

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  • Money Market

    Money Market

    Take advantage of higher rates and excellent flexibility, with your interest rate increasing as your balance goes up.

    • Higher interest rate for higher balances
    • Free Online Banking and Bill Pay
    • Minimum opening deposit: $100

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Important disclosures regarding the FDIC’s Transaction Account Guarantee Program.