Certificate of Deposit Features Guide
| Interest Rate |
| APY |
4.75% |
| Term Length |
18 Month |
| Minimum deposit amount |
$500.00 |
| Maximum deposit amount |
N/A |
| Balance Requirements |
| Minimum Opening Deposit |
$500.00 |
| Minimum Balance to Avoid Fees |
- |
| Minimum Required Balance |
- |
| Fees |
| Early withdrawal penalty |
12 Months of Interest |
| Monthly Maintenance Fee |
N/A |
| Foreign ATM Fees |
N/A |
| Insufficient Funds Fee |
N/A
|
| Incoming Wires |
N/A
|
| 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
• Minimum of $500 to open.
• Choice of maturities.
• A penalty will be imposed for early withdrawal from a certificate of deposit.
• Maximum opening deposit of $250,000.00 per certificate of deposit account.
• Fees may reduce earnings on the account.
Rate History
|
Date
|
APY
|
|
August 7, 2024 |
4.75%
|
|
February 3, 2024 |
4.50%
|
|
February 2, 2024 |
0.55%
|
|
August 20, 2023 |
0.55%
|
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