Certificate of Deposit

• Early withdrawal penalty may invade principal
• The balance on which interest is computed for this account is determined by the daily balance method
• This account will automatically renew at maturity. You will have ten (10) calendar days from the maturity date to withdraw your funds without being charged a penalty.
• After the account is opened, you may not make deposits into or withdrawals from this account until the maturity date.
   

  Term	Minimum Deposit	Early Withdrawal Penalty
  7 to 31 Days	$2,500.00	7 Days interest
  91 Days	$2,500.00	31 Days interest
  182 Days	$2,500.00	31 Days interest
  12 Months	$2,500.00	31 Days interest
  18 Months	$1,000.00	91 Days interest
  36 Months	$1,000.00	91 Days interest
  48 Months	$1,000.00	182 Days interest
  60 Months	$1,000.00	182 Days interest

There will be a $25.00 cancellation charge on any checking or savings if account is closed within 60 days after it is opened.
All interest bearing transaction accounts will be subject to change
All transactions received after 2:30p.m. will be credited on the next business day.

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