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Certificate of Deposit
Quality Bank offers a competitive rate of interest on our Certificates of Deposit. Interest can be added on to the certificate, credited to your checking or savings account or an interest check can be mailed to you dependent on the term of your Certificate of Deposit.
Terms we offer are:
  • 3 Month
  • 6 Month
  • 12 Month
  • 24 Month
  • 30 Month
  • 36 Month
  • 48 Month
  • 60 Month
Contact Quality Bank for current rates.
Special terms can be arranged for $100,000 or larger certificates.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.

The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.

P O Box 5 Page, ND, 58064    Phone: (701) 668-2261     Fax: (701)668-2475
P O Box 98 Fingal, ND, 58031    Phone: (701)924-8824    Fax: (701)924-8827

 

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