FDIC-Insured—Backed by the full faith and credit of the U.S. Government.
$25 required opening deposit |
No minimum balance |
No monthly service charge |
ATM cards available at opening |
Accounts subject to Regulation D |
Monthly dormant fee after 12 months of no activity |
$500 required opening deposit |
Minimum balance of $1,000; monthly $10 fee if under minimum |
ATM cards available at opening |
Tiered rate structure depending upon balance maintained |
Accounts subject to Regulation D |
Monthly dormant fee after 12 months of no activity |
Eagle Bank Time Deposits are available in a variety of terms, as short as 3 months to a term as long as 5 years. Time Deposits are a safe and secure means to invest your funds. Please call (800) 840-2941 for a rate quote or stop in and visit with our staff who will be happy to help you decide if Time Deposit is right for your needs.
By depositing funds in Eagle Bank’s ICS service through the Promontory Interfinancial Network customers have access to multi-million-dollar FDIC insurance, the convenience of having to establish a relationship with only one institution, receive a return on funds and the ability to still access their funds with a 24-hour notice. Please contact us at (800) 840-2941 for current rates and additional information regarding this product.
This service commonly referred to as CDARs is also with the Promontory Interfinancial Network. It is similar to our ICS service, however, the deposits are placed in Certificates of Deposits with any of the 3,000 member banks in the Promontory Network. The CD’s are in increments that allow for full FDIC insurance coverage for varying terms of 4 months to 5 years. Again, customers enjoy the convenience of being fully insured, having to establish only one relationship and receiving competitive rates. Please contact us at (800) 840-2941 for current rates and additional information regarding this product.