See our Deposit Rate Schedule for current terms and rates.

Minimum Deposit - $1,000.00 is required to open this account.

Interest - Interest is paid on the account until the maturity date. Interest is compounded monthly and credited to the account monthly. Interest begins to accrue on the business day you deposit noncash items (for example, checks). We use the daily balance method to calculate the interest on the account. This applies a daily periodic rate to the principle in the account each day.

Renewal - This account is automatically renewable. There will be ten (10) days from the maturity date to withdraw funds without being charged a penalty.

Deposits and withdrawals - No deposits or withdrawals are permitted on the account.

Early Withdrawal Penalty - If any of the deposit is withdrawn before the maturity date, a penalty on the amount withdrawn as shown below will be imposed.

• 7 to 31 days - The greater of (a) all interest earned or (b) all interest that could have been earned during one-half of the maturity period.
• 3 months to 12 months - 3 months interest
• 13 months to 47 months - 6 months interest
• 48 months and over - 9 months interest

See also Easy Access CD