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Certificate of Deposit

  
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Certificate of Deposit




Description
Accounts offering a wide range of terms and interest payments methods at fixed rates

Minimum opening deposit
$1,000

Minimum Daily Balance to waive monthly Service fee
Not Applicable

Monthly Service Fee
None

Interest
Rate in effect when the account renews is also fixed for the renewal term
Compounded monthly and paid monthly using 365 day year
Rate in effect at account opening is fixed for the term of the goal

Other Services
Early withdrawal penalty applies
Option of automatic renewal or single maturity
Grace period begins at maturity and ends 10 calendar days later
No additional deposits during the term




  

** All Fees are automatically deducted from the account and appear on the account statement. Federal Reserve Board Regulation D limitations apply (please see under the Deposit Agreement and Disclosure and Fee Schedules)

  
FDIC SBA