A survey of current rates and terms for Mutual Bank 

3 month CD	monthly	2.70%
6 month CD	monthly	3.10%
**12 month CD	monthly	3.30%
**18 month CD	monthly	3.30%
**24 month CD	monthly	3.40%
**30 month CD	monthly	3.40%
**36 month CD	monthly	3.50%
**48 month CD	monthly	3.50%
**60 month CD	monthly	3.50%

Article: World Savings CD Rates - Beware of Annuities

Free Fixed Income Primer on page 2 of The Retirement Advisor

Definition:  A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest.  Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)