To learn about and compare Apple Bank certificate of deposit rates, visit a local branch. Alternatively, customers can contact Apple Bank via phone on the main number, according to the bank's website.
Apple Bank offers certificates of deposit for investment terms ranging between 15 days and 10 years. The certificates of deposit are available in either passbook or statement format, explains Apple Bank. High yield certificates of deposit are also available that offer customers a greater return on investment.
Each certificate of deposit features compounding interest, and an investor may opt to receive earned interest in the form of a check per month or per quarter, notes Apple Bank. Interest checks are sent to investors by mail. An investor may opt to have earned interest transferred to an Apple Bank checking, money market or savings account. Apple Bank provides a notice via mail when a certificate of deposit is near maturity and offers options for a customer to renew his investment.
As of 2015, Apple Bank is the second largest state-chartered savings bank in New York, explains Apple Bank. In addition to neighborhood branch locations, Apple Bank offers customers the option to manage finances remotely with online and mobile banking. Telephone banking services, electronic bill pay and a network of ATMs are available.