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Certificate of Deposit

  • Early withdrawal penalty may invade principal
  • The balance on which interest is computed for this account is determined by the average daily balance
  • 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 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
    24 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

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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