Certificates of Deposit
A higher rate of interest can be earned on Home
Federal certificate of deposit accounts.
Our certificate of deposit accounts are set up
to renew automatically at the current rate unless the account
holder decides to redeem or transfer. In the event of early
withdrawals, an interest penalty is required.
Easy Access Account
This account gives you the benefit of a
certificate of deposit rate with the access feature of a savings
account. After an initial deposit of $2,500 (minimum opening
balance) you can deposit up to
$100,000 in your account at anytime. You can also withdraw from your account
with no penalty after 8 days from opening the account. The account
will renew automatically at maturity at the current rate of
interest.
Educational Account
Home Federal can help you with your child's
college education with our Education Account. You can open an
Education Account with a minimum opening deposit of $500, and then add
to it at any time with deposits of $50 or more. The Education
Account is designed as a 5 year variable rate certificate of
deposit. However, if your child is ready to enter college in less
than the five year term, funds may be withdrawn without a penalty
at the time needed. Your child's education is of the utmost
importance...so plan and prepare for it now.
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