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. 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

6 Month Certificate
Minimum balance of $1,000
Interest is paid on the calendar quarter and 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 Option Rate Certificate
Minimum balance of $1,000
Interest is paid on the calendar quarter and at maturity
One time option during the first term to change the interest rate to the current rate being offered.

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.