Certificates of Deposit (CDs)
Certificate of Deposit, or CDs, are an ideal way to save for the future. These FDIC-insured, high-yielding investments are available for a variety of terms. From a 7-day CD requiring a $2,500 initial deposit, to a 5-year certificate for as little as $500, and many levels in between, you earn competitive interest rates that are guaranteed for the term of the deposit.
All of our CDs are automatically renewable, and you can choose how and when to receive the interest: it can be automatically credited to your Old Point checking or savings account, sent to you by check, or be reinvested in the CD at maturity.
Access up to $50 million in FDIC Insurance. Use one bank, get one rate, and one statement.