The HOOPS CD is back!!!
It is that time of year again -- time for HOOPS!! On Friday, October 1, 2021 we will kick off another year of our HOOPS Certificate of Deposit.
The HOOPS CD is tied to the success of the University of Kentucky Men's Basketball team. On April 5, 2022, for every regular and post season win, the certificate will earn 1 basis point (0.01%), and if the Cats win the National Championship, an additional 100 basis points (1.00%) will be added.
So when the Cats win, you win!
Minimum to earn APY
(Annual Percentage Yield)
Stop in your local Community Trust Bank office to sign up for your HOOPS CD!
Locations and Hours
hoops cd can only be a personal account. non-negotiable. penalty for early withdrawal. apy is valid as of 10/01/2021. rate may change after account is opened. the minimum to open is $2,500.00. the available term is 12 months. this cd is renewable into a 12 month fixed-rate time deposit, not another hoops cd. available for a limited time only. interest will be credited to your account at maturity. the annual percentage yield stated above assumes interest will remain on deposit until maturity. a withdrawal will reduce earnings.