Zhongyuan Bank's five-year time deposit is insurance. Because, like a five-year time deposit, it guarantees the principal and interest, but it cannot be withdrawn in advance. And it is higher than the interest rate of the Postal Savings Bank for the same period.

Brief introduction of Zhongyuan Bank

20 14 On August 28th, Kaifeng Bank, Anyang Bank, Hebi Bank, Xinxiang Bank, Puyang Bank, Xuchang Bank, Luohe Bank, Sanmenxia Bank, Nanyang Bank, Shangqiu Bank, Xinyang Bank, Zhoukou Bank and Zhumadian Bank jointly issued an announcement in Henan Daily.

Zhongyuan Bank, a joint-stock commercial bank, was established through new merger. After the merger, the original creditor's rights and debts will be inherited by the newly established bank. It is the first provincial-level corporate bank in Henan to absorb public deposits, issue short-term and medium-term loans, handle domestic and international settlement, handle bill acceptance and discount, issue financial bonds, issue, honor and underwrite government bonds.

Buying and selling government bonds and financial bonds, engaging in interbank lending and trading, acting as an agent for buying and selling foreign exchange, international settlement, foreign exchange underwriting, self-operated foreign exchange trading or acting as an agent for foreign exchange trading, interbank foreign exchange lending, credit investigation, consultation and witness, engaging in bank card business, and providing letter of credit services and guarantees.