Save automatically whenever you sign or select 'credit' when using your Business Debit MasterCard.®"
Specifically applies to CPB’s online use and disclosure of information collected from visitors during the use of our website.
A savings instrument with a maturity of at least seven (7) days, that offers a higher rate of interest than a regular savings account.
Click here for Rate Schedule.
A special type of savings account used to save money for retirement subject to special IRS tax laws.
A traditional IRA is a tax-deferred retirement savings account which means money that you deposit and the interest you earn are not taxed until you make withdrawals in retirement. Deferring taxes allows an IRA to grow faster because all of your contributions and earnings can compound each year without being hindered by taxes.
If a Traditional IRA seems too restrictive, a Roth IRA may be more suitable. It's eligible to more people, allows couples to contribute more, grants greater flexibility with withdrawals and offers better tax benefits. You can even convert your existing IRA to a Roth IRA (consult with your tax advisor).
For more information, visit any Central Pacific Bank branch or call our Customer Service Center at (808) 544-0500 or toll-free at 1-800-342-8422.
Interest rates and annual percentage yields are subject to change on a daily basis.Fees may reduce earnings on accounts.
For CDs and IRAs, annual percentage yield assumes interest will remain on deposit until maturity. A penalty may be imposed for early withdrawal.
Annual Percentage Yields and Interest Rates Effective as of: 4/21/2014
(1) This is the daily balance (i.e., the amount of principal in the account each day).
(2) CPB Checking or savings account required to qualify. See Rules & Regulations Governing Deposit Accounts At Central Pacific Bank and Other Account information (Rules & Regulations) for details.
For current rate information, call our Customer Service Center at (808) 544-0500 or 1-800-342-8422 or visit any Central Pacific Bank branch.
(2) The Smart Saver CD requires automatic deposits on the 22nd of each month from an eligible CPB account, and an end of term minimum amount of $5,000. To determine the minimum amount to transfer monthly, see Branch for details. At maturity, Smart Saver CDs automatically close and funds are transferred to the same account that the deposits came from. See Rules & Regulations Governing Deposit Accounts at Central Pacific Bank and Other Account Information (Rules & Regulations) for details. If requirements are not met (i.e., the Automatic Deposits are stopped before maturity) the Smart Saver CD will be closed with penalties. For Early Withdrawal Penalties see Rules and Regulations for details.