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CD CIMA

Generate more from your savings with CIMA Certificate of Deposit from Banco Popular.

Generate more from your savings with a CIMA Certificate of Deposit.

Benefits:

  • You can open it with $1,000.
  • Generates a guaranteed interest according to the maturity term.
  • You can open a certificate of deposit in terms from 7 days to 120 months (10 years). You choose the term.
  • Interest can be credited to an account with Banco Popular on a daily basis (minimum 30 days), monthly or at maturity. If the payment of interest is by capitalization to the certificate, it is only allowed annually or at maturity.
  • Principal and interest guaranteed by FDIC up to the maximum allowed ($250,000).

For more information on CDs and existing interest rates, please call TeleBanco Popular® at (787) 724-3654 or 1-888-724-3654 or visit any of our branch locations.

Member FDIC. Product offered by Banco Popular de Puerto Rico. Penalties for cancellation before maturity: If the term is less than 365 days: 90 days of interest. If the term is 365 days or more: 180 days of interest. The Depositor will have a grace period of five (5) calendar days after the maturity date to withdraw the funds without applying the Bank's penalty for early cancellation. Once the Popular Premium CD has been opened, no partial withdrawals or additional deposits are allowed. The CD CIMA automatically renews, in periods of equal duration, at the Bank's current interest rate for the Popular Premium CD at the time of renewal. Processing Fees $8 - Withdrawals and/or cancellations disbursed by check (per instrument)  $50 - Garnishments.

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