Money Market Account*
Enjoy attractive interest rates and retain easy access to your funds with a Money Market Account. Interest is compounded and paid monthly; tiered rates correspond to your daily balances. A minimum balance is required and a limited number of withdrawals are allowed each month.

Savings Account*
A Savings Account is a great solution for first time savers or for those who wish to maintain a separate account to grow savings dollars. A Centennial Bank Savings Account has no minimum balance requirement, pays a competitive rate of return and is insured by the FDIC.

Certificate of Deposit (CD)**
Allow you assets to grow faster by investing in a Certificate of Deposit (CD.) A Centennial Bank CD provides a higher rate of return than a checking or a savings account and offers an array of fixed investment terms.

Individual Retirement Account (IRA)**
Plan for your future with an Individual Retirement Account. An IRA gives you the benefit of lower tax obligations and deferred tax payment. Centennial Bank offers both Traditional and Roth IRA products, with either fixed or variable rates of interest.

Certificate of Deposit Account Registry Service® (CDARS®)**
Centennial Bank is a member of the CDARS® network which allows our customers to invest up to $10 million dollars in certificates of deposit with full FDIC insurance. The CDARS® automatically distributes your funds among network member banks. Centennial Bank serves as the lead bank to determine your investment rates, facilitate settlement, reinvest funds and provide one consolidated monthly statement summarizing your certificate of deposit holdings.

*Money Market and Savings Accounts are subject to a limited number of transactions per month. Please ask a Centennial Bank representative for details.

**Early withdrawal penalties apply on all Certificates of Deposit. Please ask a Centennial Bank representative for details.

2.20.12 Centennial Bank to open Boulder branch on Feb. 28. Read more.

Denver, CO (February 13, 2012) – Centennial Bank announces the addition of three new members to its staff, including Charles Holmes, David Mariea and Courtney Gimeno.

Business Advice: Improving Accounts Receivable

Every business owner wants to increase efficiency for their business, reduce costs and increase profits. By expediting the collection of a company’s receivables, Lockbox Services can meet these goals for your business!

By transferring the work of processing and depositing your daily accounts receivables to the bank, you will eliminate the need for staff to manage the deposit process and provide greater audit control. This also allows for deposits being made more expediently with faster collection of receivables, resulting in improved cash flow. There are many different forms of Lockbox Services available that will meet the needs of low to high volume businesses—yet all result in allowing a business owner to focus on what matters most, growing their business!

Click here to read “When Does a Lockbox Make Sense?” by Jill Heap, Chief Deposit Officer for Centennial Bank.