Certificate of Deposit Features Guide
Interest Rate | |
APY | 4.75% |
Term Length | 48 Month |
Minimum deposit amount | $1,000.00 |
Maximum deposit amount | N/A |
Balance Requirements | |
Minimum Opening Deposit | $1,000.00 |
Minimum Balance to Avoid Fees | - |
Minimum Required Balance | $1,000.00 |
Fees | |
Early withdrawal penalty | N/A |
Monthly Maintenance Fee | N/A |
Foreign ATM Fees | N/A |
Insufficient Funds Fee | $30.00 |
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
• Must deposit $1000.00 to open this account.
• Must maintain a minimum balance of $1000.00 in the account each day to obtain the annual percentage yield.
• Interest will be compounded every day.
• Interest will be credited to the account every month.
• Early withdrawal penalties (a penalty may be imposed for withdrawals before maturity). Penalty may reduce principal.