Certificate of Deposit Features Guide
| Interest Rate | |
| APY | 5.35% |
| Term Length | 12 Month |
| Minimum deposit amount | $25,000.00 |
| Maximum deposit amount | N/A |
| Balance Requirements | |
| Minimum Opening Deposit | $25,000.00 |
| Minimum Balance to Avoid Fees | - |
| Minimum Required Balance | - |
| Fees | |
| Early withdrawal penalty | N/A |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | $37.00 |
| Incoming Wires | $15.00 |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
| Statements | |
| Paper Statements | Yes |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | Yes |
| Mobile Banking | Yes |
| Deposit Checks with Mobile Device | Yes |
| Free Bill Pay | Yes |
| Online Bill Payments Required | Yes |
Account Description
• A $25,000 minimum deposit is required to open an account and in order to earn the advertised APY.
• The maximum amount allowed per client is $500,000.
• Guaranteed return.
• Automatic Renewal.
• FDIC insurance up to the maximum allowable.
• A penalty fee may be imposed for early withdrawal of CDs.