Certificates of Deposit

Investing in a Certificate of Deposit with the
Louisville Community Development Bank gives
you a two-for-one return -- a competitive
interest rate, and the satisfaction of knowing
that you are helping to improve the quality of
life for inner city residents.
CD Rates*
For current CD rates, please contact a
Deposit Specialist
(502) 778-7000
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► Community CD
For the socially conscious investor who wishes to become a "stakeholder" in our Investment Area. With a minimum deposit of $200, this CD allows you to pick the rate from 0% to 1% Annual Percentage Yield ("APY"), and a term from one to 36 months. We invest the foregone interest back into the development of economically distressed neighborhoods in the Bank's Investment Area.
► Market Rate CD
Earn a competitive money market rate. You decide the term and amount of your investment. The rate is determined by the term -- ranging from three months to five years. The minimum investment is just $200.
► Easy Access CD
For the investor who wants to have easy access to their funds with a competitive rate of return, our Easy Access CD is ideal. You can open an Easy Access account with a minimum investment of $1,000. The term is six months, however, this CD can be redeemed without penalty after just seven days.
► Savings CD
It's the best of both worlds ... the accessibility of a savings account with the earning power of a CD. You may make an unlimited number of add-on deposits in $25 increments, and up to four withdrawals per year. With a minimum deposit of just $100, it's so easy to start saving today.
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Make a Deposit
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To make a deposit, you may either wire funds or mail a check.
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Individual depositors should complete a Deposit Application.
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Corporate depositors should complete both a Deposit Application and a Corporate Banking Resolution.
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Simply complete the form(s), attach your check and mail it to us.
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If wiring funds, please contact us for instructions.
*All rates are good from 9:00 A.M. Wednesday through 5:00 P.M. the following Tuesday. the minimum balance to open an account and obtain the APY (Annual Percentage Yield) is $200.00 ($100.00 for the Savings CD). A penalty may be imposed for early withdrawal. These rates may vary if amounts, terms or other conditions vary from those offered.
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Louisville Community Development Bank
2901 West Broadway
Louisville, Kentucky 40211
502-778-7000
Toll Free 1-866-273-8562 (1-800-CRE-8-JOBS)
Fax 502-775-5232
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