Certificate of Deposit Features Guide
Interest Rate | |
APY | 5.60% |
Term Length | 12 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.