If your account has an original maturity of more than 36 months, your account may be charged an early withdrawal penalty in an amount equal to 270 days' interest. If your account has an original maturity of more than 12 months but less than 36 months, your account may be charged an early withdrawal penalty in an amount equal to 210 days' interest. If your account has an original maturity of 12 months or less, your account may be charged an early withdrawal penalty in an amount equal to 90 days' interest. You must notify us in writing before or within 10 days grace period after the maturity if you do not want the account to automatically renew.Ī penalty may be imposed for withdrawals before maturity. You may not make withdrawals of principal from your account before maturity. You may not make any deposits into your account before maturity. Interest begins to accrue on the business day you deposit noncash items (for example, checks). ![]() This method applies a daily periodic rate to the full amount of principal in the account each day. We use the Daily Balance method to calculate the interest on your account. **2 Year rising Rate CD: Rate adjusts every 6 months: 1st 6 months is 5%, 2nd 6 months is 5.10%, 3rd 6 months is 5.20%, and last 6 months is 5.30%. ![]() *Compound CD's compound quarterly and credited quarterly - In order to withdrawal the earned interest, the earned interest must be >$10.00.
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