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| MATURITY MONTHS | RATE | APY | |
| 3 Month | 0.20% | 0.20% |
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| 6 Month | 0.20% | 0.20% |
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| 12 Month | 0.20% | 0.20% |
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| 18 Month | 0.20% | 0.20% |
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| 24 Month | 0.20% | 0.20% |
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| 30 Month | 0.20% | 0.20% |
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| 36 Month | 0.20% | 0.20% |
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| 48 Month | 0.20% | 0.20% |
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| 60 Month | 0.20% | 0.20% |
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What is
a CD?
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A CD offers low risk at a high
return. Interest is compounded daily on our CDs.
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Benefits
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- FDIC insured*
- Guaranteed fixed rate
- Access to your money available
before maturity
- Flexibility to choose the term
that best suits your financial goals
- 24/7 access
*On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000
to $250,000 per depositor through December 31, 2009.
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Features
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- Additional deposits up to 50%
of the original CD amount allowed
- One-time rate increase allowed
- One-time withdrawal of up to
25% of the original balance permitted
- $1,000 minimum opening deposit
- Automatic renewal at maturity
with a 10-day grace period
- E-statement available at the
end of June and December
- Bank by phone: toll-free 1-888-242-2659
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Terms
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3 months
-
6 months
-
1 year
-
18 months
-
2 years
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30 month
-
3 years
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4 years
-
5 years
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Other considerations
to the CD Account
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- Penalty for early withdrawal
in excess of one-time 25% of original balance based on CD term.
- Allows you investment flexibility
in choosing a term that best fits your individual needs.
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3-Month CD |
Loss of all interest earned |
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6-Month CD |
Loss of 90 days’ interest |
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1-5–Year CD |
Loss of 180 days’ interest |
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Under the certificate agreement,
you agree not to withdraw the principal during the certificate term. A withdraw
of principal, prior to maturity, will result in a monetary penalty be charged. The
penalty applies regardless of the amount of interest earned, and could be more than
the interest earned, depending on the length of the investment.
**Note: Penalty may be waived upon
the account holder’s death or incompetency (legal documents required).
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