Woodsfield Savings Bank offers many avenues to help you save. It is literally in our name!
One of the most effective ways to capitalize on high interest accounts is by opening a Certificate of Deposit. Commonly known and referred to as ‘CD’s’, these accounts are high-interest bearing savings accounts that you cannot access for a certain amount of time. Each ‘term’ or length of time, earns a different interest rate and sometimes we will offer ‘Special Rates’ for a certain term length.
The CD’s Woodsfield Savings Bank offers are risk free investments as all of your deposits stay in house, and are backed by the FDIC. (For more information on FDIC insurance, please contact us.)
As always, please do not hesitate to contact us with any further questions, we would love to hear from you!