Chicago Senior Citizen Certificate of Deposit

Consumer Banking Senior Certificate of Deposit Content

Senior Citizen Certificate of Deposit

Be in control of your savings with SBI Senior Citizens Certificate of Deposits.

  • Earn an even higher rate of interest than our traditional CDs.
  • Terms are available from 1 year to 5 years.
  • Choose how you want your interest paid – cumulative or non-cumulative.
  • You must be a minimum of 60 years of age to apply for this product.
  • A minimum opening deposit of $2,500 is required.
  • A penalty may be charged for early withdrawal.

*Early withdrawal of deposit is possible subject to penalty. Please contact the branch for further details – pb.chicago@statebank.com

The Senior Citizen CD account will be subject to all the CD account rules and regulations. For more details, please read the terms and conditions contained in our customer manual.