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    2901 West Broadway
    Louisville, KY  40211
    (502) 778-7000
  
 

 

 


 

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 

  
► 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.

Make a Deposit
  • To make a deposit, you may either wire funds or mail a check.
  • Individual depositors should complete a Deposit Application.
  • Corporate depositors should complete both a Deposit Application and a Corporate Banking Resolution.
  • Simply complete the form(s), attach your check and mail it to us.
  • 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.  

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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