28-month CD offers a higher than average rate.

• Position: Bank Product Ideas - Certificate of Deposit - Community & Southern Bank - Brief article

COMMUNITY & SOUTHERN BANK (CSB), ATLANTA, with assets of $2.5 billion, has rolled out a new product called the CSB Bonus 28-month Term Certificate of Deposit.

The product functions like a regular CD, however, it also enables customers the opportunity to change their current rate to a higher rate one time during the scheduled term. In addition, customers can earn a 0.75 annual percentage rate for 28 months--a higher rate than average market CD plans.

Other features include: free online banking; free...